Tag: Sales

By on February 24, 2020

gm

The price seems right, the range looks good, and the body? Well, we’ve seen far more ungainly vehicles achieve success in the past. The Chevrolet Menlo, the bowtie brand’s first EV in China, went on sale in the troubled nation last week with both pros and cons in its corner.

For American viewers who can only look at the Bolt and wish it looked like this, there’s clearly design hope for a U.S.-bound model. (Read More…)

By on February 21, 2020

Forgive us for mentioning the coronavirus, or whatever it’s called now, once again. As the highly infectious illness spreads in China (and now South Korea and Iran), a staggering piece of data shows what happens to a country’s auto sales when the one-party state won’t let citizens leave their home. (Read More…)

By on February 19, 2020

A perplexing vehicle we discussed not long ago has never been cheaper, but don’t expect to read about it in an ad.

The Volkswagen Arteon, a large-ish midsize premium sedan that exists despite the presence of Audi beneath the VW Group umbrella, was apparently struck by Cupid’s arrow on Valentine’s Day. Contained in that arrow (fired from a window at VW of America HQ) was incentives. (Read More…)

By on February 19, 2020

Image: FCA

One of the most fervent wishes of late Fiat Chrysler CEO Sergio Marchionne was to see Jeeps enter the garages of consumers in as many countries as possible. The brand’s expansion in past years has been considerable, but not every model is having an easy time, and not all markets have proven receptive.

This week, residents of a country mourning the impending loss of a home-grown brand learned that a Jeep model will soon be no more. Don’t expect an outpouring of angst, however, as they’d already given up on it. Even the Ford EcoSport sells better. (Read More…)

By on February 18, 2020

Despite the reborn Aviator stumbling out of the gate this past summer, the Lincoln brand otherwise had a good year. Sales rose 8.3 percent in 2019, making it the best year for the resurgent brand since 2007.

Lincoln brass see an even better year ahead, projecting a retail sales bump of 20 percent. (Read More…)

By on February 17, 2020

GM Thailand

The news that General Motors will exile Holden to the Island of Lost Brands overshadows changes set to occur elsewhere in the world, all part of the automaker’s plan to cut costs via a streamlined global footprint.

China, despite its current problems, is still seen as a market with great growth potential, but the same can’t be said for another Asian nation. (Read More…)

By on February 13, 2020

2003 Dodge Dakota 5.9 R/T, Image: Chrysler

File this tidbit under the “no shit” banner. Fiat Chrysler has been without a mainstream midsize pickup since the beginning of the previous decade, and the automaker’s dealer council is sick of waiting.

A our own Tim Cain told you recently, 2019 brought the public’s growing desire for midsize pickups into stark clarity. The segment’s hot and, with the addition of the Ford Ranger, growing. FCA dealers want a slice of that action. (Read More…)

By on February 13, 2020

In a recent earnings report that, unlike Nissan’s, actually pleased investors, Tesla claimed its new Model Y crossover would see its first U.S. deliveries in March of this year. Great news for antsy reservation holders, but some worry the appearance of America’s Favourite Bodystyle will have a harmful impact on the automaker’s current best-seller, the Model 3. (Read More…)

By on February 13, 2020

Nissan has handed in its third-quarter 2019 earnings report, and the grades are bad. Missing analyst expectations, the automaker’s operating profit fell 83 percent in the first 9 months of the fiscal year, with revenues down 12.5 percent. That leaves Nissan with an operating margin of 0.7 percent — down three percentage points from this time last year.

Operating profit in Q3 (October-December) was $210 million.

As the automaker attempts to triage its way out of a financial hole that deepened rapidly in early 2019, Nissan has again pared back its full-year profit forecast. (Read More…)

By on February 12, 2020

By the end of next year, Lincoln’s lineup will contain not a single passenger car. The decline of the Lincoln sedan has been well covered; you know all about the Fusion-based MKZ fading from the scene this year and the reborn Continental falling victim to declining sales, slated for execution sometime in 2021.

Parting is such sweet sorrow, and Lincoln’s national dealer council isn’t ready to say goodbye. However, the brand held up as an example of sedan success might not be a valid template for other automakers. (Read More…)

By on February 11, 2020

nissan

Nissan sales tanked in 2019, following the previous year’s lead, but the brand’s Titan pickup line performance was worse than a grade school talent audition. Changes to the Titan and Titan XD for 2020 aren’t likely to move the needle in a substantive way.

Which makes word of a potential off-road bruiser of a Titan all the more interesting. (Read More…)

By on February 11, 2020

Image: Tim Healey/TTAC

The answer, mouthed silently by many of our readers, is surely, “No, absolutely not.”

And yet the door is not closed on the prospect of a wagon variant of the Volkswagen Arteon ⁠— a high-end liftback sedan that landed with a barely audible thump in North America last year. Comments made at the Chicago Auto Show reveal this as a possibility, and spy photos that cropped up today make that possibility even more appealing.

What isn’t yet known is whether the pool of potential buyers could fit into a Volkswagen Arteon. (Read More…)

By on February 11, 2020

Mercedes-Benz sold a record 2,385,400 passenger vehicles around the globe in 2019, topping the previous year’s tally by some 3,400 units, and subsequently brought in more money while doing it. Revenue rose 3 percent, the automaker said in its end-of-year earnings report, but that intake didn’t translate into more profit.

Far from it.

As the automaker embarks on a cost-cutting campaign aimed at freeing up cash for electric vehicle development, among other things, the German manufacturer announced its net profit dropped to $2.95 billion from $8.29 billion in 2018. As a result, shareholders can expect a paltry dividend payout. (Read More…)

By on February 7, 2020

Volkswagen bestowed the mildest of refreshes on its midsize Passat for 2020, but you’ll be forgiven if you didn’t notice. These days, people are too busy trying to tell the recently enlarged Jetta apart from its slightly beefier stablemate.

Even the previous Passat’s six-speed automatic carried over for 2020.

With Volkswagen charging ahead (ahem) on electrification, the automaker now admits the current Passat may be the last. (Read More…)

By on February 5, 2020

2020 Mazda 3 hatchback grey - Image: MazdaFinally, Mazda appears to be on something of a roll. After U.S. volume at the underdog automaker tumbled to a seven-year low in 2019, January 2020 sales at Mazda jumped 18 percent.

Better yet, January marked the fourth consecutive month of year-over-year gains at Mazda, an essential turnaround for a marque that kicked off 2019 with seven consecutive months of decline. Over the last four months, Mazda’s U.S. sales actually grew by nearly 9,000 sales, a 10-percent uptick.

So, all is well? If Mazda sustains this level of volume growth over the next 11 months, Mazda would follow up its seven-year low from 2019 with a 26-year annual sales high.

The chance for major growth will most definitely fall on the shoulders of the new CX-30, because the fourth-generation Mazda 3’s tragically awful 2019 was followed up by a January in which the 3 rolled over and played dead.  (Read More…)

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