Mercedes-Benz delivers record January with sales up 13.6%
Strong demand in Europe, China and the US pushed Mercedes-Benz to its best-ever January, with global deliveries rising to 125,865 vehicles and SUVs leading the gains.
Coverage tagged Sales figures.
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Strong demand in Europe, China and the US pushed Mercedes-Benz to its best-ever January, with global deliveries rising to 125,865 vehicles and SUVs leading the gains.
Volkswagen’s efforts to capture a larger share of the US auto market have stalled, with sales targets unmet despite local production and tailored models.
A surge in US new car sales in 2014 has led to lower used car prices, giving buyers more options as inventories return to normal after years of tight supply.
Toyota forecasted a dip in 2015 sales, opening the door for Volkswagen to potentially overtake the Japanese giant as the world’s top-selling carmaker.
GM will begin selling the Chevrolet Spark EV in Maryland, making it the first East Coast state to offer the electric minicar after its initial launch in California and Oregon.
US buyers continue to favour pickup trucks, while European demand for crossovers and compact SUVs is driving new model launches and reshaping manufacturer priorities.
General Motors will invest $12 billion in Cadillac by 2020, aiming to revive its luxury brand with eight new models and a focus on SUVs.
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.
JAMA chairman Fumihiko Ike cites faltering domestic sales and currency volatility as key threats, with government stimulus measures failing to revive Japan’s car market.
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.
A decade after European tariffs were scrapped, BMW and Mercedes-Benz have led German brands to a dominant position in South Korea’s premium car market, challenging local giants Hyundai and Kia.
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.
US minivan sales have posted gains of up to 10% in 2014, driven by new models and a shift in buyer preferences as the segment recovers from a decade-long decline.
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.
Lamborghini's Huracan surpassed 3,000 units sold worldwide just months after its Geneva debut, with the US accounting for a third of early deliveries.
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.
Opel’s chief executive Karl-Thomas Neumann remains confident the company will break even by 2016, even as European growth slows and the Russian market contracts sharply.
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.
Tesla CEO Elon Musk leads the American automotive sector in personal wealth, ranking 50th on the 2014 Forbes 400 with a net worth of $9.2 billion.