sales

The Big 3 Detroit carmakers have been capturing the world's headlines with their economic and product woes for the past several months, but the truth of the situation is that the whole industry is struggling. Toyota recently announced its first operating loss in 71 years, and then decided to push...

The bosses at Audi are gunning for their German rivals BMW and Mercedes-Benz, announcing this weekend a goal to sell more cars than either in Europe by 2010. Audi's continental domination will be followed soon after by the Volkswagen Group's rise to the number one spot in the world, if the company...

Making plans for the future is tough when the market is as shaky as it is now, but Honda is trying to find a way to get its Insight hybrid to market in the U.S. for less than $20,000. To do so, it may have to build the car in the U.S., but it won't be able to justify that step unless it can sell...

America's car-market troubles are well-known and much belabored of late, but China's automotive industry isn't facing such a dire situation. In January, China's total car sales overtook America's for the first time, and many of the constituent companies, such as Chery, are looking outside China to...

Coming off record sales of 10,014 vehicles in 2007, Bentley's performance last year didn’t go so well, with sales figures dropping by 24% over the course of the year to just 7,604 units in 2008. The super-luxury carmaker is being forced to make further cutbacks after earlier shift reductions...

The phenomenally weak market in the U.S. is setting record lows on a regular basis, and today is no exception: China has surpassed the U.S. in total car sales for the month of January. Conservative estimates for 2009 have the U.S. market selling 10.5 million or more vehicles, but so far this year...

Vehicle sales across the globe are down, with numbers in major markets like the U.S. and Japan down to their lowest levels decades. However, for a select few companies at the very highest levels of the industry, sales are just fine - in fact, better than ever for some. Mercedes' AMG division is...

The recently announced alliance to be forged with Fiat notwithstanding, Chrysler's current position in the market is regarded as precarious by buyers and analysts alike. Vice Chairman Jim Press is more optimistic, however, stating that Chrysler will be 'viable' during the first half of the year. He...

Toyota's North American car output will surpass Chrysler's for the first time during the first quarter of 2009. The two companies' downward trajectories will soon cross, leaving Toyota as the third largest domestic producer behind Ford and General Motors. Both Chrysler and Toyota are sharply...

As the economy and the car industry transform to lighter, more compact versions of their previous selves, the primary agent of change is cash. Ford CEO Alan Mulally took an opportunity this weekend to re-affirm his company's ability to stand on its own, without government-backed loans, however...

Though overall sales figures have slumped through the end of 2008 and start of 2009, there are occasional bright patches of news as carmakers grab market share from long-time competitors or reach individual sales records. Audi has done just that, beating BMW's 3-series and Mercedes-Benz's C-Class...

The global downturn in car sales is a familiar topic these days, and even the production juggernaut of Toyota is facing unseen declines in demand for its products. To help realign output with that demand, the carmaker recently announced plans to shut down all 12 of its Japanese plants for a total...

The global downturn in car sales is a familiar topic these days, and even the production juggernaut of Toyota is facing unseen declines in demand for its products. To help realign output with that demand, the company has planned to shut down all 12 of its Japanese plants for a total of 11 days in...

For more than a year now, Mercedes' parent company Daimler has pursued a copyright infringement case against Chinese carmaker Shuanghuan for its Bubble, a blatant knock-off of the Smart ForTwo minicar. A recent holding in a Milanese court has put the German company on the back foot, however, and...

Earlier this week reports emerged that Mexican billionaire and second-richest man in the world Carlos Slim had all but purchased Honda's F1 team as the Japanese carmaker exits the sport, but Slim has since denied any such interest. That leaves the door open for another possible buyer in the form of...

Labor negotiations between Volvo and Sweden's auto worker union have come to a close today, resulting in the termination of 2,721 emloyees, the vast majority of which are blue collar workers. The layoffs come as Ford has engaged Shanghai Automotive Industry Corporation (SAIC) in talks to buy the...

Yesterday all three of America's major carmakers revealed their future plans to Congress, and a part of General Motors' was the possible sale of Saab. While the brand is still being reviewed, and no decisions have yet been made, GM says it will make the choice to keep or sell quickly. "We will work...

General Motors has disavowed selling any of its brands but Hummer, but tough financial and market situations are bringing serious pressure to bear. Just this morning, Ford has announced it is opening up consideration of 'strategic options' for its Volvo brand, reversing repeated denials that the...

The vagaries of the automotive market in the current economic situation are such that while some models, and even entire brands, sell poorly, some individual cars are going gangbusters. Thanks to its solid positioning as a functional, cute, inexpensive and efficient hatchback plus Honda's...

For the fourth of the last five years, Jaguar has taken the top spot in J.D. Power's Sales Satisfaction Index (SSI), which measures satisfaction with the sales process. The turnaround from the doldrums of the 1990s and early 2000s is remarkable, establishing the Leaping Cat as the dominant leader...