Coverage tagged Sales figures.
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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.
Facing falling US sales and buyer resistance to higher prices, Cadillac is adding features like heated seats to lower-trim models and reviewing its marketing approach for 2015.
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.
New analysis highlights five premium models in the US market that attract the highest percentage of buyers trading up from non-luxury brands, reshaping entry-level luxury competition.
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.
General Motors has slipped to fourth position among global automakers by quarterly revenue, overtaken by Daimler and now just ahead of Renault-Nissan.
Lexus’s first compact crossover, the NX, has attracted 6,500 pre-orders in Japan soon after production began at the Miyata plant.
Analysts expect US new car and truck sales to reach 1.45 million in July 2014, driven by incentives, leasing offers and steady consumer demand.
Fiat CEO Sergio Marchionne has again ruled out selling Alfa Romeo, despite ongoing speculation and Volkswagen Group’s reported pursuit of the Italian marque.
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.
Sales of traditional midsize saloons in Europe are set to fall below 500,000 units this year, with mainstream brands losing ground to crossovers and premium rivals.
Volvo increased worldwide deliveries by 5.4% in June 2014, with strong demand in China and Sweden offsetting slower sales in the US.
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.
Fiat Chrysler plans to axe the Lancia Delta in 2014 and the Voyager in 2015, leaving the brand with just the Ypsilon and focusing solely on the Italian market.
US new-car dealers saw sales and revenues rise in 2013, yet average profit margins stayed at 2.2% amid tough competition and narrow retailing spreads.
Despite recalling nearly 16 million vehicles by May 2014, General Motors saw US retail sales climb faster than the industry average, defying expectations of a consumer backlash.
Across Europe and North America, unsold new cars accumulate in huge storage compounds as manufacturers balance production, pricing and market demand after the 2008 financial crisis.
Demand for high-end, long-wheelbase saloons and SUVs is reviving the chauffeur-driven lifestyle, with Chinese and global buyers driving the trend.