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Posts Tagged ‘VW sales’

June Auto Sales Hit Record Levels

Crossovers, trucks, sport-utes continue leading charge.

by on Jul.01, 2015

The 2015 Lincoln Navigator sales boomed in June, rising 39% and helping Ford to an overall sales increase of 2% last month.

New vehicle sales continued their torrid pace for in the U.S. in June, helping the auto industry finished up the best six months in a decade with a slew of automakers posting sales increases or logging manufacturers sales records.

General Motors, FCA US, Ford, Nissan, Toyota, Audi, Volkswagen and Mazda all reported sales increases in the buoyant market lifted by strong demand for trucks and utility vehicles.

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FCA US LLC posted an 8% increase compared with sales in June 2014 and the group’s best June sales since 2006 and recorded its 63rd-monthly sales increase in a row. (more…)

VW, BMW Enjoy Strong Sales Results

Despite sluggish China sales, companies see increases globally.

by on Jun.15, 2015

Through May, Volkswagen is on track to exceed its goal of selling 10 million vehicles worldwide this year.

Despite a slowdown in sales in China, the Volkswagen Group eked out a small gain in sales during the first five months of 2015 and remains on course towards its goal of selling more than 10 million vehicles worldwide.

Globally, the Volkswagen Group delivered 4.2 million vehicles from January to May: up 0.3% from a year ago. Worldwide VW Group sales increased 2.6% in May. Sales by the Volkswagen brand have softened this year but Audi continues to charge ahead as it creeps closer to rival BMW in total sales.

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“Deliveries so far this year have been characterized by mixed market trends. Even with their broad range of young and eco-friendly models, the Volkswagen Group brands are not entirely immune to this situation,” said Christian Klingler, Group Board member for Sales. (more…)

Foreign Automakers Enjoy Strong April Sales

Honda, Kia, VW buck rising sales trend.

by on May.01, 2015

Carmakers from around the world finished April with strong sales in the United States.

The 2016 Mazda6 helped the Japanese automaker to a 7.5% sales jump last month.

Mazda reported its best sales in 20 years, while Subaru, Jaguar Land Rover, BMW, Mercedes-Benz, Mitsubishi and Maserati all chalked up double-digit gains. However, it wasn’t sunshine and roses for every automaker as Honda, Kia and Volkswagen, reported sales declines and Volvo remained flat.

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“It is often said at Mazda that this business isn’t a sprint, but a marathon, and our sixth-generation vehicles prove that a steady pace will establish growth and build our brand,” said Ron Stettner, vice president of sales, MNAO. “Sixth-generation vehicle sales combine to be up 14% year-over-year and we continue to focus on the quality of our sales.” Overall, Mazda’s April sales were up 7.5%. (more…)

VW, Toyota Go to War

German and Japanese makers set for major production increases.

by on Apr.07, 2015

VW will build a version of its CrossBlue Concept when it completes the Chattanooga plant expansion.

The fight for leadership in the global auto industry is about to turn into a gun-blazing battle.

After announcing a new global strategy last week, reports from Japan indicate Toyota Motor Co., currently the world’s largest maker, is finalizing plans to add at least two new assembly plants. But its close rival, Volkswagen AG, is also adding new plants while boosting capacity at others, including its facility in Chattanooga, Tennessee.

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“It’s going to be a tough battle because you have two competitors with a broad portfolio of products targeting every market in the world,” says Joe Phillippi, chief analyst at AutoTrends Consulting. (more…)

Toyota Could Lose Sales Lead to VW This Year

Japanese giant plagued by problems in China.

by on Jan.26, 2015

A Toyota dealership in China was burned in 2012. Weak demand there could let VW pass the Japanese giant.

Toyota’s worldwide sales surged 3% last year, once again positioning the Japanese giant as the world’s top-selling automotive manufacturer. But with Toyota officials glumly anticipating a modest decline in 2015, the Japanese maker could cede leadership to its ambitious German rival Volkswagen AG.

Assign credit – or blame, if you prefer – to China. VW continues to dominate the world’s largest automotive market even while Toyota struggles to gain traction there. Japanese makers, in general, have had serious problems making headway in China, especially after tempers flared due a dispute between the two Asian nations over ownership of a chain of strategically placed islands.

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At one point, rioters burned a Toyota dealership and damaged 100s of Japanese vehicles. Sales have only slowly begun to recover, but Toyota’s sales in China are still barely a third of those of the market’s top two manufacturers, Volkswagen and General Motors.

(more…)

VW’s New Touareg Outfitted to Fit in with High-End SUVs

Maker’s sport-ute gets facelift, new technology.

by on Dec.08, 2014

Volkswagen is looking to compete in the high-end SUV market with a freshened Touareg that includes a boatload of safety and convenience technologies.

Volkswagen of America had been rolling along toward some ambitious sales targets when a decided shift away from cars to crossovers and sport utility vehicles robbed it of its forward momentum and put more pressure on its own SUVs, such as the Touareg.

While facing competition from SUVs such as the Jeep Grand Cherokee, Mercedes-Benz ML and Acura MDX, which have been overhauled in the last couple of years, VW still believes the Touareg can still hold its own.

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For 2015, the Touareg gets facelift, an optional driver assistance package and a refreshed interior with new convenience features. The Touareg also retains its sturdy vehicle dynamics, which deliver solid ride and handling under a variety of driving conditions thanks to well-tuned suspension, brakes and steering. (more…)

Trucks, Crossovers, Luxury Cars Lead Strong Sales

Ford sees sales drop due to decision to cut fleet sales.

by on Oct.01, 2014

Honda's CR-V helped the Japanese maker to a double-digit sales jump in September.

Strong sales of luxury vehicles, trucks and crossovers continued to pace the auto industry’s performance during September with several carmakers, including Acura, Audi, Chrysler, General Motors, Honda, Nissan, Mercedes-Benz and Subaru all reporting double-digit increases as the seasonally adjusted annual rate of sales exceeded 16.4 million units.

Larry Dominque, True Car executive vice president, said what was particularly impressive was that the industry managed to continued to grow in September without increasing incentives.

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“The daily sales rate is up about 5%,” Dominque noted, “while the ratio of incentives to transaction prices has remained very stable indicating the market is basically healthy.” (more…)

GM Enjoys Double-Digit Sales Increase in September

Ford takes hit in transition to aluminum F-150 truck.

by on Oct.01, 2014

Sales of the 2015 Chevrolet Suburban were up 50% in September, helping the maker to a 19% overall increase, including 17% at the retail level.

General Motors, Nissan and Audi all reported major sales gains during September as sales of new vehicles remained strong. However, with its stock price under pressure, Ford Motor Co. reported that its sales – and marketshare – continued to shrink during the past month.

Reid Bigland, head of U.S. Sales, said Chrysler, Jeep, Ram Truck and Fiat brands each posted year-over-year sales gains in September as Chrysler Group’s overall sales increased by 19%.

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Jeep’s 47% increase was the largest sales gain of any Chrysler Group brand and its best-ever sales in the month of September. Chrysler Group extended its streak of year-over-year sales gains to 54 consecutive months. (more…)

VW Builds Up Edge over Rival in China

Success in Asia helping maker to be largest in world.

by on Sep.23, 2014

Volkswagen AG’s various operations in China have combined to build up a significant lead over rival General Motors even as both companies chalked up double-digit sales increases during the first eight months of 2014.

Volkswagen's plants in China are still churning out new vehicles as the maker enjoyed a double-digit sales increase through August.

The VW Group’s Chinese sales have grown by 16.5% so far this year and now total 2.4 million units, giving VW a lead of roughly 140,000 units over its chief competitor. The strong sales in China also have helped the VW Group increases sales so far this despite what Christian Klinger, the executive in charge of VW sales worldwide, described as a “tense economic environment.”

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So far this year, sales the VW Group, which includes VW, Audi, Porsche, Skoda, Seat, Lamborghini and Rolls Royce, are up 5.6%. (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…)