Coverage tagged Sales figures.
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US buyers continue to favour pickup trucks, while European demand for crossovers and compact SUVs is driving new model launches and reshaping manufacturer priorities.
New car registrations in Spain jumped 21.4% and Italy saw a 2.35% rise in December, offsetting declines in France as subsidy schemes supported demand.
Karl-Thomas Neumann has cautioned senior management that Opel and Vauxhall may miss their 2016 profit goal, citing pressure from weak European and Russian sales.
Average fuel efficiency of new cars sold in the US has flatlined at 25.3 mpg, as buyers turn to larger vehicles amid the lowest petrol prices in four years.
Abarth’s 695 Biposto, unveiled at Geneva 2014, has seen demand far exceed supply, as buyers rush for the brand’s fastest street-legal model to date.
Experian Automotive research shows that American buyers who keep their vehicles for many years are less likely to buy the same brand when they finally replace them.
BMW’s finance boss Friedrich Eichiner expects new model launches to drive further sales growth in 2015, despite intensifying competition from Audi and Mercedes-Benz.
A year after its US launch, the fifth-generation Jeep Cherokee has become the brand’s best-seller, drawing new buyers despite early scepticism about its design.
Falling demand for open top cars in Europe and North America has forced major roof system suppliers like Webasto and Valmet to close or scale back production facilities.
Chevrolet’s smallest model reaches the one million sales mark, with strong demand in the US, Mexico, South Korea and beyond since its 1998 debut.
US data shows just 27% of 16-year-olds now get a driving licence, with even children of car enthusiasts prioritising smartphones and other interests over learning to drive.
Ford has dropped the price of its battery-electric model by $6,000 after sluggish US sales, with further reductions possible through federal and state incentives.
German legislators have backed a bill enabling cities to offer free parking and other privileges to electric vehicle owners, aiming for one million units on the road by 2020.
Experian data shows 85% of new car sales and over half of used car sales in the US were financed in Q2 2014, with average loan amounts and payments at all-time highs.
BYD is counting on the Denza, its first electric model co-developed with Daimler, to reverse falling car sales and regain momentum in China’s competitive market.
Kelley Blue Book figures reveal Mitsubishi, Chrysler, Dodge, Jaguar and Scion had the lowest rates of repeat buyers in the US market in 2014.
Fiat Chrysler Automobiles has named US sales head Reid Bigland as the new boss for Alfa Romeo in North America, tasking him with the brand’s ambitious relaunch.
Lexus’s first compact crossover, the NX, has attracted 6,500 pre-orders in Japan soon after production began at the Miyata plant.
Peugeot, Fiat, Ford and GM have flagged falling demand and political risk in Russia and Latin America, even as Europe’s recovery shows signs of stabilising.
Following Ferrari’s lead, Maserati will limit global sales to 75,000 vehicles per year as it seeks to maintain exclusivity amid ambitious expansion plans by parent Fiat.
Porsche has sold more than 600 examples of its 918 Spyder hybrid supercar, outpacing the production runs of key rivals from Ferrari and McLaren.
Automakers' captive finance arms now account for half of new car loans in the US, as manufacturers target direct lending and leasing to boost sales and customer retention.
Volkswagen AG is arranging an 800 million yuan asset-backed securities issue in China, backed by auto loan receivables from its financial services arm, as Chinese car sales and financing demand continue to expand.
Ford received 500 reservations for the 2015 Mustang in just 30 seconds during a special event, highlighting unprecedented interest in the American muscle car from European buyers.