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Posts Tagged ‘transaction prices’

December Sales Soar – But VW Gets Left Behind

German maker hammered by fallout from diesel scandal.

by on Jan.05, 2016

VW was the exception during a month that saw U.S. car sales soar to record levels.

(This story will be updated as additional sales numbers are released.)

Automakers got a month-long gift from consumers in December, sales pushing the U.S. auto industry to an all-time high as it closed the books on 2015.

The surge in demand was nearly universal, records falling for brands large and small. The big exception was Volkswagen. Hammered by the ongoing fall-out from it diesel emissions cheating scandal, it reported a double-digit decline for December, a day after it was sued by the U.S. Justice Department.

By the Numbers!

Estimates are that total industry sales for 2015 will reach 17.8 million units, surpassing the old record of 17.35 million set in 2000. The big question is whether that momentum will carry over into 2016, a question heightened by the start-of-the-year slump on Wall Street.

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Stock Market Sell-Off? June Car Sales Stay Strong

Customers paying record transaction prices.

by on Jun.25, 2013

Ford is rapidly ramping up production of vehicles like the F-Series to keep up with rising demand.

As Mad Magazine mascot Alfred E. Neumann frequently asks: “What, me worry?” it seems like the recent stock market tumble, the worsening situation in Europe and ongoing economic concerns here in the U.S. are, at most, background noise – at least to American car buyers.

Sales of new cars and trucks continue to move along at a steady clip during June, according to new estimates from J.D. Power & Associates and LMC Automotive.  A monthly sales forecast based on direct dealer data indicates new-vehicle retail sales are showing no signs of letting up at the start of the summer selling season.

Your Source for Auto News!

New-vehicle retail sales in June are projected to come in at 1,118,800 vehicles, which represent a Seasonally Adjusted Annualized Rate of 13.2 million units, a healthy increase of 500,000 from the May SAAR. Retail transactions are the most accurate measure of true underlying consumer demand for new vehicles.

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