Tag: Sales

By on September 18, 2019

Nissan is reportedly interested in selling a subsidiary responsible for the distribution of machinery, vehicle parts, and raw materials in an effort to further streamline the troubled company. While no announcement of deal has been made public by the ailing automaker, Bloomberg cited insider sources who claim the company has already invited firms to bid on the entirety of Nissan Trading.

According to those involved, a buyer could be selected as early as October. The sources also stated that the deal’s $1 billion target valuation includes assumed debt.  (Read More…)

By on September 17, 2019

Admit it — you weren’t aware Chevrolet made a hybrid version of the midsize Malibu. You’d be forgiven for replying in the affirmative, as the variant introduced for the 2016 model year sported a profile lower than that of an SOE agent in occupied France.

And yet the Malibu Hybrid lived. But now it must die. (Read More…)

By on September 16, 2019

Image: Ford of Europe

As it restructures its European business and rejiggers its lineup for greater sales, Ford believes a new product push will reverse the trend of tepid volume. The automaker has already culled certain slow-selling products, promising more SUVs and putting much effort behind its crossoverized “Active” small car variants. Now, electricity will do the rest of the work.

The Blue Oval plans to introduce eight electrified models on the continent this year, with nine more arriving by 2024. Within a few years, Ford predicts sales of purely gas and diesel models will take a backseat to its green offerings. (Read More…)

By on September 6, 2019

2018 Volkswagen Golf Sportwagen, Image: VW Group

While Volkswagen won’t offer any 2020 model-year Golf SportWagens or Alltracks in the U.S., a broader customer base in Canada means the two models will soldier on for an extra year. It’s possible a next-generation successor might appear, too.

While Canadians are just as attracted to trucks and SUVs as Americans, small cars — and especially the two wagon variants — make up a much larger slice of the VW pie north of the 49th parallel. As soon as the automaker announced the discontinuation of North American-market Golf wagons, VW’s Canadian arm pulled together a plan.

Basically, stockpiling as many of ’em as it can. (Read More…)

By on September 5, 2019

A flurry of new model additions benefitted many automakers with additional sales and greater revenue last month, and none more so than Fiat Chrysler, which saw its average U.S. transaction price rise 6.2 percent, year over year. Can you guess which segments pulled in the most extra money per vehicle? Bet you can.

At the other end of the yardstick, two foreign automakers basking in the glow of a very healthy sales month saw their average transaction prices fall. (Read More…)

By on September 5, 2019

2019 Honda Accord Sport wide angle

Reporting on American auto sales without including the Detroit Three is like talking about great racing drivers without mentioning the names Schumacher, Petty, or Senna. Nevertheless, here we are. Thanks to Detroit’s decision to release sales data only on a quarterly basis, a big chunk of the picture is missing. Even the big guns at Automotive News have given up trying to estimate Detroit numbers in an effort to fill in the blanks.

Everyone else is still playing fair ball, though, so let’s examine how the rest of America’s automakers fared last month.

(Read More…)

By on September 3, 2019

fiat cabrio abarth 500

The model that helped relaunch a long-departed brand — a brand which subsequently failed to clear the tower — is effectively dead in North America. Fiat Chrysler has taken the retro-themed, pint-sized Fiat 500 off life support, removing it from the brand’s North American offerings for 2020.

The newly turbocharged 500, its beefier Abarth brother, and the eco-warrior 500e electric, were victims of America’s unrelenting desire for large, spacious automobiles. The illness took hold almost as soon as the 500 arrived. (Read More…)

By on August 29, 2019

2019 Toyota Tundra TRD PROWith remarkable consistency, Toyota has sold over 2.2 million Tundra pickups over the truck’s 20-year history.

Toyota began building the first-generation Tundra in Indiana in May 1999; the truck went on sale 20 years ago this summer. Not surprisingly, Toyota’s celebratory words as the Tundra turns 20 relate in large part to longevity: a million-mile ‘07 Tundra; an ‘18 driven repeatedly through a forest fire on rescue missions.

It’s not as though Toyota is going to flaunt any newfangled technology or headline-grabbing capabilities. The Tundra is basically the same truck it’s been since production of the second-gen Tundra began in Texas in 2007.

Just as the truck fails to evolve, so too does its sales performance: the Tundra just keeps on selling. (Read More…)

By on August 23, 2019

BMW Spartanburg Assembly Plant Factory

The trade war between the United States and China heated up again Friday, with the People’s Republic pulling a U-turn on its treatment of U.S.-built vehicles. Come mid-December, China will hit inbound U.S. vehicles with a 25-percent tariff. Auto parts will see a 5-percent tariff.

The new — well, resurrected — auto tariffs are a reactionary measure, coming after U.S. President Donald Trump proposed, then delayed, the levying of a 10-percent tariff on $300 billion of Chinese goods. While some import taxes will hit in September, the full range of tariffs is expected to come into effect on December 15th. China’s auto tariffs, first levied last year and lifted earlier this year as an olive branch gesture, are part of a larger raft of tariffs impacting $75 billion of U.S. goods. A 5- to 10-percent tariff hits non-auto U.S. goods on September 1st.

It’s no wonder every automaker wants to build Chinese-market vehicles within that country’s borders. (Read More…)

By on August 22, 2019

On Saturday, Nissan’s North American dealerships found themselves with a problem. A power outage at the automaker’s data center in Denver disabled a system dealers use to order vehicles, procure parts, check on recall statuses, obtain rebate information, and file warranty claims. As a result, the manufacturer’s communications in the U.S., Canada, and Mexico were disrupted. “Some of our dealer business applications have run in a reduced capacity using manual processing,” Nissan said on Wednesday.

Dealers were not pleased. (Read More…)

By on August 20, 2019

All 2019 Minivans Available: Odyssey, Sienna, Pacifica, Grand Caravan, Sedona - Images: ManufacturersThe minivan as we know it is not dead. Credit for the minivan segment’s still-beating heart belongs in large part to the disappearance of most contenders – so few competitors remain that a handful of remaining minivan nameplates may well still sell in six figures in the United States in 2019.

Most automakers determined years ago that sticking their forks into this pie isn’t worth it; the pie was just too small. The absence of GM, Ford, Hyundai, and Volkswagen, along with the steady rise of the family-oriented crossover, caused the pie’s shrinkage to continue. Nissan and Mazda left, too, and the pie kept shrinking.

In fact, the rate at which the minivan pie is shrinking has picked up speed. Auto sales are slowing, to be fair, but U.S. minivan sales volume in 2019 is slowing nearly seven times faster. And no, for FCA and Toyota and Honda and Kia, the whole “bigger slice of a smaller pie” argument just isn’t holding water these days.  (Read More…)

By on August 19, 2019

Image: Ford

We’re not going to sugarcoat it — Cadillac routinely bests Lincoln in terms of sales. General Motors’ luxury marque constantly carves out a larger portion of the domestic market and has managed to make global inroads Ford’s premium division has not. For example, Cadillac saw 228,043 deliveries in the People’s Republic of China last year. Lincoln only saw 55,315.

However, the race at home is much closer. Last year in the United States, GM shipped 154,702 premium-badged cars to Ford’s 103,587. But Cadillac has been losing ground in North America while Lincoln has remained comparatively stable, slowly rebuilding its strength. Cadillac may still outsell Lincoln overall, but the gap is beginning to narrow.  (Read More…)

By on August 19, 2019

2018 Subaru Crosstrek: Image: Subaru

Spend a few minutes talking to a normal, regular person, and they’ll probably reveal very little knowledge of a vehicle’s mechanics or specs while boasting plenty of knowledge of a brand’s (or vehicle’s) marketing efforts and media coverage.

The general consensus, at least according to your author’s mother, is that dogs help sell cars. Full stop. At the very least, they sprinkle a helping of feel-good fairy dust over a brand, leaving a positive impression of the company in the minds of viewers. Audience manipulation is the sole purpose of advertising.

As Subaru walks away from its most recent sales month with yet another healthy volume increase, however, one model seems to have run out of momentum. It remains to be seen if a heaping helping of dogs can turn it around. (Read More…)

By on August 16, 2019

Image: BMW Group

Longtime luxury rivals BMW and Mercedes-Benz may have signed onto an autonomous vehicle/ride-hailing partnership earlier this year, but that doesn’t mean the two companies go around holding hands. The competitive spirit is still there; AV development just carries a price tag neither company wants to pay in full.

For BMW as well as M-B, the lucrative core business of selling luxury vehicles to a well-heeled clientele remains top of mind, and Bimmer’s new boss isn’t happy that his Stuttgart rivals are running away with the sales crown. (Read More…)

By on August 15, 2019

fca

The United Kingdom, a highly populous (and heavily taxed) country that’s smaller than 11 U.S. states, may serve as a canary in the coal mine for electric vehicle adoption. If there’s enough places to charge up your EV, will buyers make the switch?

From across the pond comes news that, for the first time, the number of public electric vehicle charging stations has surpassed that of gasoline and diesel stations. It’s been a long road, as “normal” stations have been on a steady decline since 1970. EV stations popped up in earnest earlier this decade, fueled by government investments and green group initiatives, as well as efforts by automakers eager to provide fuel sources for their new vehicles.

Battery-electric vehicle market share in the UK in July? 1.4 percent. (Read More…)

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