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Posts Tagged ‘Ford Sales’

September Car Sales Hold Strong as Summer Fades Away

Sales likely the best since 2007.

by on Sep.26, 2014

If anything, Mercedes-Benz USA says it could double sales of the new CLA if it could get more.

Summer may be fading into fall, but the U.S. auto market continues to sizzle, industry analysts anticipating sales will be the best, when the final numbers are tallied, since before the recession began.

On a seasonally adjust annual rate, or SAAR, the industry is expected to report a 16.4 million pace, well above the initial forecast for all of 2014 — and a hint that the car market could show even more momentum in the months to come as fuel prices fall and the economy gains more momentum.

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“We expect another strong month for the industry with the best September since 2007,” said John Krafcik, president of TrueCar.

Equally significant, the late-summer surge seems to have come without the hefty incentive push seen in the past to build market momentum.

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Automakers Defy Expectations with August Sales

Chrysler, Nissan, Ford, Toyota all post gains.

by on Sep.03, 2014

Nissan Rogue sales were up 24% in August, helping the company to an 11.5% increase overall.

Easy credit, rising consumer confidence and strong demand for utility vehicles and trucks pushed new vehicle sales upward towards a seasonally adjusted average rate of 17 million units in August, helping the auto industry maintain the momentum it had built up throughout the summer.

Chrysler, Ford, Audi, Nissan, Hyundai, Toyota all posted sales gains during August while General Motors and Volkswagen reported their sales dropped last month despite the strong consumer demand for new cars and trucks.

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The strong results defied analyst expectations of a small overall increase of just .1%. In fact, multiple automakers reported they expected industry-wide August sales to rise 3% overall. The early reports support their assertions. (more…)

Detroit Automakers Lead July Sales Increases

Chrysler and Ford hit double-digit gains; GM just misses.

by on Aug.01, 2014

The new Jeep Wrangler posted a 14% increase last month for its best-ever July sales result.

With Detroit’s automakers leading the way, new car sales remained very strong during July thanks to an improving economy, ample financing and the appeal of new products that have given automakers a major lift.

Transaction prices also continued to exceed $32,000 per unit as consumers and automakers remained willing to take on more debt for a new vehicle and carmakers and banks remained more than willing to underwrite it. Analysts said.

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Chrysler Group continued to roll last month reporting a 20% increase compared with sales in July 2013. The Chrysler, Jeep, Dodge, Ram Truck and Fiat brands each posted year-over-year sales gains in July compared with the same month a year ago. (more…)

U.S. Auto Sales Hit 16.6 Million Units in June

GM sees small increase while others enjoy stronger results.

by on Jul.01, 2014

The all-new 2015 Audi A3 is helping the German maker to another banner year in 2014.

Overall June was another stellar month for U.S. automakers, General Motors faced positives and negatives. The automaker’s sweeping recalls managed to divert attention away from the troubles at Cadillac and its flat sales.

Despite those issues GM managed to eke out a 1% sales increase despite predictions that sales might fall under the weight of an unfavorable year-to-year comparison and the din from the recalls. But Cadillac sales increased less increasing by only one-tenth of 1%.

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Meanwhile, the luxury brands from Germany and Japan continued to post sales increases. Mercedes-Benz, BMW, Audi, Jaguar Land Rover and Lexus all reported sales hikes. Mercedes, Audi and Lexus posted double-digit increases. Among Cadillac’s rivals in the luxury space, only Infiniti and Volvo, both of which are facing challenges gaining credibility among luxury buyers, saw sales decline. (more…)

June Car Sales Deliver Unexpected Surprises

GM defies skeptics, posts best numbers in seven years.

by on Jul.01, 2014

The new Chrysler 200 helped drive a strong month for the Detroit side of Fiat Chrysler.

With motorists facing new worries over rising gasoline prices, sales of fuel-efficient passenger cars perked up in June, while General Motors Co. surprised some observers by posting a modest 1% sales increase despite its ongoing recall crisis.

Chrysler, Toyota, Nissan and Hyundai also reported sales increases in June, while Porsche reported its best-ever numbers for the month. On a seasonally adjusted basis, June saw the industry operating at a 16.6 million annual rate, well ahead of the industry’s overall performance for the first half of the year. Were that figure to hold, the industry would sell nearly 1 million more vehicles than it did in 2013. Meanwhile, consumers wound up paying more than ever for their new vehicles in June, according to industry analysts.

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There had been concern that June might bring a slowdown to the rapid recovery of the U.S. automotive market, in part due to worries about fuel prices. Some analysts, meanwhile, were predicting that GM would go into the negative column because of its ongoing recall crisis. It ended the month by announcing four new recalls covering 7.6 million vehicles in the U.S. alone. GM has now had 54 separate recalls since January, covering about 26 million vehicles in the U.S., and 29 million worldwide.

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June Car Sales Looking Robust – But GM Could Take Hit

Industry is in “the position since well before the Great Recession.”

by on Jun.27, 2014

Demand for the new Jeep Cherokee is leading the way for Chrysler's strong sales performance.

Neither the threat of rising gasoline prices nor the distraction created by the World Cup tournament has short-circuited the U.S. new vehicle market this month, according to industry analysts and executives – though the recent, torrid pace has slowed a bit.

Preliminary estimates call for a modest gain for June of perhaps 1% or so, overall, with the Seasonally Adjusted Annual Rate of sales, or SAAR, expected to reach around 16.4 million, not far under the industry’s peak of a decade ago.

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“Sales have been very good,” said David Zuchowski, president and chief executive officer of Hyundai Motors America.

That’s a position echoed by other industry insiders.

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Ford’s Mulally, Fields Make Early, Informal CEO Transition

A rock-star reception.

by on Jun.25, 2014

Ford's incoming CEO Mark Fields with the 2015 Edge.

Officially, Alan Mulally had nearly a week left before his retirement, Mark Fields still in the on-deck circle. But informally, the outgoing Ford Motor Co. CEO handed the baton over to his successor this week during Ford’s annual summer media preview.

The 68-year-old Mulally has spent his last few weeks visiting Ford facilities around the world, “saying thank you,” he explained after dropping in on a morning briefing capped by the preview of the maker’s 2015 Edge crossover.

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Even after nearly eight years on the job, with retirement approaching fast, Mulally maintained the boyish exuberance that has been a hallmark of his tenure, reminding everyone he spoke with to “continue supporting Ford” under its new leadership. And, more like a rock star than a traditional business exec, Mulally took time to pose for pictures, signing media badges with a personal note and a big heart.

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New Car Sales Soar in May

Ford defies expert predictions with small sales increase.

by on Jun.03, 2014

Jeep Wranger saw its best May sales ever last month. The Jeep brand overall was up 58% during the period.

Buoyed by fantastic weather and a fifth weekend for dealers to move metal, new vehicle sales during demonstrated renewed strength in May.

Those factors helped Jeep post its best monthly sales in history and led General Motors to predict it would gain marketshare this year.

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General Motors, Ford, Chrysler, Nissan, Toyota, Hyundai and Audi all reported increased sales during May. (more…)

U.S. Auto Sales Heating Up with the Weather

New models and trucks help automakers to strong April.

by on May.01, 2014

The Audi A3 helped the German maker to a 19% sales increase in April.

New models demonstrated their value to automakers in April as the latest cars and trucks launched over the past several months combined with a break in the frigid weather pulled buyers into showrooms, helping keep the annual sales rate at more than 16 million units for the second consecutive month.

Audi, Toyota, Subaru, Mercedes-Benz, Chrysler, Jaguar Land Rover and Kia Hyundai posted double digit sales increase in January thanks in part of the launch of new or replacement models. General Motors, which was deluged with bad news, also benefitted from the strong sales of its latest models. Luxury vehicles also enjoyed a strong April, with Audi among those reaping the rewards with a 19% increase.

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“The launch of the all-new A3 Sedan gives Audi an even broader product portfolio and the opportunity to reach more luxury buyers in the premium compact segment,” said Mark Del Rosso, executive vice president of Audi of America. “In its first month of retail sales, the Audi A3 was a top seller in April, with over 2,000 vehicles sold.” (more…)

Automakers Enjoy April Sales Shower

GM, Chrysler, Toyota, Nissan all see sales spikes.

by on May.01, 2014

GM rode strong truck sales to a 7 percent sales increase in April.

After going through the big chill this past winter, automakers entered a spring thaw in April, makers reporting some of the strongest sales results they’ve seen in months.

Industry analysts suggest a variety of factors may be working in the industry’s favor. For one thing, April marked the start of the traditional automotive buying season, likely getting a bit of a nudge as motorists snowed in by the Polar Vortex finally headed for showrooms.

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Key automakers, including Nissan and Chrysler, even a General Motors battered by recalls, posted sales gains for the month. And though Ford did report a modest 1% decline, Toyota is reporting a 13.3% increase. (more…)