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Posts Tagged ‘new car news’

Ford Outsells GM in May on Strength of Fleet Sales

GM has been weaning itself of the bulk sales for some time.

by on Jun.01, 2017

Ford sales chief Mark LaNeve said beating GM in monthly sales, as the automaker did in May, "feels good for about 10 seconds and then we move on."

While the overall results for new vehicle sales last month weren’t particularly surprising or impressive, there was a noteworthy result: Ford Motor Co. sold more vehicles in May than General Motors.

Not Ford outsold Chevy, but all of GM.

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Ford said May sales rose 2.2% from a year ago to 241,126 units while GM sales dropped 1.3% to 237,364. Mark LaNeve, Ford sales chief, noted the shift earlier today, adding when Ford tops GM, which is not often, The reason is very simple: fleet sales. (more…)

US Auto Sales Remain Flat in May

Crossovers and small utes still leading the pack.

by on Jun.01, 2017

Ford Sales VP Mark LaNeve said the company's May sales were up on the strength of its SUVs and trucks.

Strong sales of crossover and sport utility vehicles and trucks, kept the industry anchored during May as overall sales stayed flat with General Motors, Fiat Chrysler Automobiles N.V. and Toyota posting small declines and Ford, Nissan and Volkswagen/Audi posting modest gains.

GM’s May total sales were 237,364 vehicles, which is down 1% from last year, largely due to a 36% drop in fleet sales. However, the company’s U.S. retail sales of 191,388 vehicles, up slightly from last year. GM’s May retail performance was driven by exceptionally strong crossover sales at Chevrolet, Buick, GMC and Cadillac.

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“As we see the industry shift to more crossovers, we are extremely well positioned to take full advantage of this dynamic,” said Kurt McNeil, GM’s U.S. vice president of Sales Operations. (more…)

Average New Car Fuel Economy Improves in April

The slight uptick marks second consecutive of gains.

by on May.09, 2017

Smaller crossovers and SUVS, like the Toyota RAV4, are helping to improve the overall fuel economy of new vehicles sold in the U.S.

Despite the continuing increases in truck and sport utility vehicle sales, the fuel economy of new vehicles sold during March and April improved, according to the monthly survey by the University of Michigan Transportation Institute.

UMTRI researchers Michael Sivak and Brandon Schoettle reported the average fuel economy or window-sticker value of new vehicles sold in the U.S. in April was 25.3 miles per gallon —an 0.1 mpg improvement from the value for March.

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The small increase last month basically matched the gain in the average fuel economy of new vehicles sold in the U.S. in March, which was 25.2 mpg — 0.1 mpg from the value for February. (more…)

Auto Veterans Lutz, Fisker Team Up

Partner with industrialist Gilbert Villarreal to form VLF Automotive.

by on Jan.11, 2016

The "dream team" of Villarreal, Lutz and Fisker team up for the VLF's Force 1 supercar debuting in Detroit.

Two automotive industry veterans are planning to make a return to the market, Danish designer Henrik Fisker and former General Motors Vice Chairman Bob Lutz serving as two of the key partners in the new VLF Automotive.

They’ll be joined by industrialist Gilbert Villarreal in the venture, which will present its limited-edition supercar, the Force 1, at the North American International Auto Show in Detroit this week.

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“I’m honored to become a partner in this automotive ‘Dream Team’,” said Fisker, who served as the chief designer at Aston on projects like the DB9 before setting up his own venture, Fisker Automotive. That plug-in hybrid maker went bankrupt in 2013. (more…)

Buick Encore Tops List of Vehicles for New Graduates

Autotrader produces top 10 list of cars for new degree holders.

by on May.29, 2015

Autotrader tapped the 2015 Buick Encore at the top choice for new graduates.

Graduation season is here! For many college graduates that means big parties, envelopes stuffed with congratulatory cash and the start of their lives.

Some of that cash may be used for an immediate need: a new car! However, there are many choices and what is best for one graduate may not work for another. Fortunately, Autotrader has compiled a list of possibilities.

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“Any time someone goes through a major life change, such as graduating college, they need to determine if their current ride makes sense for their lifestyle, from both a financial and functional perspective,” said Brian Moody, site editor for Autotrader. (more…)

Live from the Chicago Auto Show

Trucks, trucks and more trucks!

by on Feb.12, 2015

The 107th Chicago Auto Show is now in it’s second day on the shores of Lake Michigan. The first day featured a bonanza of new product debuts and breaking news and day two appears to be following the same course. Thousands of media and automotive executives are roaming the 1 million square feet of center to examine and discuss the latest debuts from the world’s automakers.

While trucks, SUVs and small crossovers led yesterday’s coverage, small sports cars made headlines too and are likely to continue making news.

Even though today brings the media portion to a close, there are still plenty of intros to cover and executives to query, and TheDetroitBureau.com continues to ensure you are receiving the latest auto news no matter how quickly its made or who is making it. Today will be a frenzy of activity at McCormick Place before the largest consumer show opens its doors to the public so please check back often for updates throughout the day. (more…)

Live From the Detroit Auto Show

Speed and power dominate this year’s show.

by on Jan.12, 2015

The North American International Auto Show has drawn to a close…for the media anyway. In just a few short days, hundreds of thousands of people will begin flocking to Cobo Hall in Detroit to see, touch and kick the tires on the latest models and newest innovations.

Just because the doors are closed for the media, however, doesn’t mean that TheDetroitBureau.com’s team is done delivering show-related news. We’ve ferreted out plenty of additional stories during our time on the show floor. So, please continue to keep checking our updated list, below, for more news from the 2015 North American International Auto Show.

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Live From the Paris Motor Show

Debuts of super cars, electric cars and hybrids drive biennial show.

by on Oct.02, 2014

The thousands of reporters, photographers and auto executives that descended upon Paris have turned out the lights on the Paris Motor Show. During the two days of the biennial show, automakers around the world displayed some of their most innovative, advanced and stunning new vehicles.

The show featured an electric-vehicle only pavilion where global makers made a variety of impressive and cutting-edge debuts during the show. While the show is over, there is still plenty of news coming from the “City of Light.”

TheDetroitBureau.com is still bringing you the latest news involving show. (more…)

Blistering August Sales Swell Luxury Vehicle Numbers

Frenzied month may mean slower September

by on Sep.03, 2014

Lexus captured the August luxury car sales crown. It's the second month in a row the Japanese brand has done so.

Luxury car sales remained brisk during August as Mercedes-Benz, BMW and Lexus as well as Audi all posted healthy sales increases last month in what has become an increasingly contest sales.

As it did in July, Lexus bested its German rivals for luxury sales leadership by selling 32,809 cars and utility vehicles. Lexus sales increased 10.1%.

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“It was a great market from top to bottom in August,” said Jeff Bracken, Lexus group vice president and general manager. “Lexus had its second straight record-setting month as both passenger cars and luxury utility vehicles posted solid gains.” (more…)

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…)