Car Sales
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It’s been another bumper year for British brand Rolls-Royce, with the automaker confirming today it sold a record 3,630 vehicles in 2013, surpassing the previous record of 3,538 sales set in 2012. This is the fourth consecutive year of record sales for Rolls-Royce, and with the introduction of new models like the Wraith we could be in store for a new record come the end of 2014, the marque’s 110th year in the auto business. But the number of sales wasn’t the only record Rolls-Royce set. The previous year marked another record for the Rolls-Royce Bespoke personalization...
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Buick Sells Four Times As Many Cars In China As In U.S.For the second time in its 110-year history, Buick has topped one million sales in a year--and set a new overall record in the process. Last year saw the marque shift 1,032,056 vehicles, beating the company's last million-sale year in 1984, when it sold 1,003,345 cars. Whereas that 1984 volume was...
Antony Ingram -
Mercedes Edges Out BMW For 2013 U.S. Luxury Car Sales CrownMercedes-Benz has ended 2013 with the sales crown for luxury autos in the U.S., with 312,534 units walking out the door over the past 12 months. This represents a 14 percent increase from the 274,134 units sold in 2012 and is a new record for the brand. When you add sales from Smart (9,264) and the...
Viknesh Vijayenthiran -
More Dealers To Receive 2014 Chevrolet Corvette Stingray: ReportNow that the initial buzz surrounding the 2014 Chevrolet Corvette Stingray has worn off, Chevrolet is expanding the number of dealers eligible to sell the car. You may recall that during the car’s sales launch last fall, Chevrolet limited the Corvette Stingray’s availability to only...
Viknesh Vijayenthiran -
Ferrari LaFerrari Already Hits The Used Car MarketDespite Ferrari’s best attempts to screen buyers of its LaFerrari, with chairman Luca di Montezemolo himself determining the final cut, an example has already hit the used car market, mere weeks after deliveries commenced. It’s listed on the website of Munich dealer SEMCO and is priced...
Viknesh Vijayenthiran -
That Was Fast: First 'Used' McLaren P1 Already For Sale?A McLaren P1 is listed for sale at an exotic-car dealer in the U.A.E.
Stephen Edelstein -
Worry not, Viper fans--Chrysler has no plans to kill off the SRT Viper. That's despite recent news that Chrysler had cut production due to low demand and inventory pile-up--reducing production from nine cars per day, to six. But Ralph Gilles, president and CEO of Chrysler’s SRT Brand and Motorsports, tells Ward's Auto that the car has a "bright future". He says the problem of cars stacking up on dealer lots isn't one of oversupply, but dealers misunderstanding the wants and needs of its buyers. “I don’t think our network understands the segment very well", Gilles explained...
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McLaren P1 Is Sold OutAll 375 McLaren P1 supercars destined for production are accounted for, which means if you’re in the market for a hybrid hypercar your only option left would be the Porsche 918 Spyder. Ferrari’s LaFerrari supercar was sold out even before the car was unveiled. In fact, there was so much...
Viknesh Vijayenthiran -
Maserati Racks Up 22,500 Sales In First Nine MonthsNot long ago, Maserati was selling around 6,000 cars per year on the back of two model lines: the Quattroporte and Granturismo. Not surprisingly, many scoffed when the automaker announced in 2011 it would increase annual sales to 50,000 units and launch three additional model lines by the end of...
Viknesh Vijayenthiran -
Strong Demand To Limit 2014 Chevy Corvette Stingray’s AvailabilityThe 2014 Chevrolet Corvette Stingray is a very good car. In fact, it’s a great car. That’s why General Motors already has a long list of orders despite it only just reaching showrooms. In addition, dealers are expected to have few unsold examples up until the second quarter of next...
Viknesh Vijayenthiran -
Mercedes Targets 60,000 Combined Annual Sales For CLA And GLA In U.S. AloneMercedes-Benz’s new compact range has proven a hit in the markets where the stylish offerings are sold, and it looks like that success will be repeated in the U.S. The automaker’s local chief, Steve Cannon, is confident of reaching 60,000 combined annual sales split evenly between the...
Viknesh Vijayenthiran -
August 2013 Luxury Car Sales: Cadillac, BMW SoarThe industry as a whole is trending strongly upward at the end of a long summer of brisk car sales, but the luxury segment in particular is showing positive returns. Leading the charge are Cadillac and BMW, up 37.8 percent and 45.7 percent, respectively. For General Motors' [NYSE:GM] luxury brand...
Nelson Ireson -
Maserati is well on its way to achieving 50,000 annual sales by the middle of the decade, with the company already having received 17,000 sales over the first seven months of the year, almost triple its sales for the whole of 2012. Should the success continue, Maserati aims to be profitable by 2016. Many scoffed at Maserati’s promise to grow sales almost 10-fold over such a short period but the brand is showing it has what it takes after just two new model introductions, the 2014 Ghibli and Quattroporte. Remember, Maserati still has a Levante SUV, second-generation GranTurismo and a new...
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Tesla Model S Isn't A Luxury Car, So Stop Comparing It To ThemWe love it, and we love to hate its marketing almost as much as we despise the overzealous, often ignorant coverage in the press. First, Tesla insists on listing prices with government incentives--which buyers don't always qualify for--already deducted. Then we didn't get the more affordable 40-kWh...
Nelson Ireson -
2014 Chevy Corvette Stingray Already Attracts Steep Dealer MarkupsThe 2014 Chevrolet Corvette Stingray is one of the most anticipated cars of the year and pent-up demand, both from hardcore fans and first-time ‘Vette buyers, is sure to cause a stampede at showrooms when the car officially arrives in early October. Not surprisingly, dealers have already been...
Viknesh Vijayenthiran -
BMW Sees U.S. As Top Market For 2015 i8It was four years ago at the 2009 Frankfurt Auto Show that we first saw BMW roll out its Vision EfficientDynamics concept and announce its commitment to launching an advanced sports car with stellar gas mileage based on it. At the 2013 Frankfurt Auto Show in one month’s time, BMW will finally...
Viknesh Vijayenthiran -
Is A Lamborghini Veneno Already Up For Sale? Probably NotLamborghini marked its 50th anniversary this year and as part of the celebrations rolled out the striking Veneno at March’s 2013 Geneva Motor Show, a bespoke supercar based on the Aventador platform and with styling one could best describe as polarizing. Only four examples were promised, one...
Viknesh Vijayenthiran -
Tesla Grows Profit In Second Quarter, Delivers Europe’s First Model STesla keeps moving from strength to strength, with sales of the company’s Model S electric sedan steadily increasing, profit levels remaining positive and expansion of the business running smoothly. This week, Tesla Motors [NSDQ:TSLA] released its financial results for the second quarter of...
Viknesh Vijayenthiran -
There's some funky name calling going on over at Infiniti, and it's all related to the G37 that's supposed to be yielding to the Q50. That's not how this is going down, however, as we told you earlier. Rumor had it that Infiniti planned to sell the G37 alongside the all-new Q50 in its showrooms for a bit. Now comes official word that dealerships will hold on to the G37 through the 2015 model year. Pricing of the G37 has been updated for 2013 to reflect this tactical change. Initially, the Q50 was going to arrive with a slightly lower price tag compared to the remaining G37 sedans. Now...
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Ferrari Sales Slow Yet Profits Still SoarBack in May, Ferrari made the announcement it would target maximum sales of 7,000 cars this year, down from 7,318 sales in 2012, in order to improve the exclusivity of the marque while at the same time protect its margins and residual values for its customers. Ferrari has now released its first...
Viknesh Vijayenthiran -
2014 Volvo Lineup Priced: S60 T5 From $32,400While Volvo's range of vehicles does get a range of minor dress-up updates for 2014, the bulk of the range remains essentially the same as last year. Accordingly, the pricing remains much the same as last year, with the 2014 S60's base price rising $500, from $31,900 to $32,400, to cover the...
Nelson Ireson -
2014 Nissan 370Z Price Dropped $3,130Is the 2014 Nissan 370Z the smartest performance value now?
Nelson Ireson -
CEO Zetsche Says Mercedes-Benz Won't Win 2013 Luxury Sales RaceLast year was a banner year for the German luxury brands in the U.S., with Mercedes-Benz fighting a close battle with BMW to finish second by 7,000 vehicles. Despite the rivalry seen in last year's sales race, Mercedes-Benz CEO Dieter Zetsche has already bowed out for 2013--even though Mercedes is...
Nelson Ireson -
BMW Predicts China Will Overtake U.S. As Its Biggest Market In 2013With a population exceeding one billion and a voracious appetite for luxury goods, it’s only a matter of time until China overtakes the U.S. as the single biggest market for premium cars. China is already the biggest market for new cars and this year the country is expected to overtake Europe...
Viknesh Vijayenthiran