sales
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Infiniti first opened for business on November 8, 1989.
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2010 Porsche Panamera Off To Flying Start
The arrival of the 2010 Porsche Panamera will allow the automaker’s sales to remain flat or rise slightly this year.
Viknesh Vijayenthiran -
Slow Luxury Car Sales Prompt Big Incentives
Cash-back rebates, low-interest financing and green credibility all factor in finding new buyers.
Nelson Ireson -
Porsche Could Double Sales With New Models, Says CEO
The key to Porsche doubling its sales, says CEO Michael Macht, will be the introduction of new models.
Viknesh Vijayenthiran -
BMW Set To Topple Lexus For U.S. Sales Crown?
The German luxury carmaker is threatening to take the title of most-sold brand in the U.S.
Nelson Ireson -
Official: GM And Koenigsegg Reach Agreement Over Saab
The sale is expected to close by the end of the third quarter.
Viknesh Vijayenthiran -
It's already August and the industry isn't expecting to see much more than 10 million sales, but Ford today announced it is up 2% overall and 9% in retail versus a year ago thanks in part to the government's CARS (aka 'cash for clunkers') program. Could this turnaround be the beginning of the industry's as a whole? The early indicators say yes, but it will remain for the official sales reports to emerge for confirmation. As for Ford, the numbers look solid - for the most part. Retail sales are up a huge 9% over August of 2008, and marks the first year-on-year sales gain since November 2007...
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Lexus shifting focus to entry-level models
Everyone in the industry is feeling the burn of a long, slow summer, but few are feeling as keenly as Lexus. Perhaps that's because the luxury import carmaker had so far to fall, having been the dominant force in American luxury cars for most of the past decade. But there's a plan afoot to help...
Ralph Hanson -
Lexus HS 250h tops 1,500 pre-orders in Japan
Though it has already been ruled out for Europe where diesel is king, the 2010 Lexus HS 250h dedicated hybrid sedan is planned for the U.S. If early sales reports out of Japan are any indication, the HS should prove a bigger hit than some might have predicted. Over 1,500 buyers have placed orders...
Kenneth Hall -
There's a new carmaker in town, and its name is...General Motors
Lighter, smaller, quicker and more responsive to customer needs - that's how the new General Motors Company is comparing itself to the now-defunct General Motors Corporation it replaces. Today's emergence from bankruptcy - just 40 days after it went in - marks the start of what the new GM hopes...
Nelson Ireson -
Lexus IS C production struggling to keep up with demand
In the midst of its U.S. marketing blitz for the 2010 IS C, Lexus is working hard to build enough cars to meet consumer demand. Currently about 1,200 cars are leaving the Kyushu factory each month, but according to a Lexus official, that's just barely enough. The IS-C was introduced last October at...
Ralph Hanson -
Muscle car wars heat up as Camaro outsells Mustang in June
Ford or Chevy. Camaro or Mustang. Bud or Coors. These are just a few of the great debates of our time, and while none are likely to find a final answer anytime soon, Camaro enthusiasts just got some more ammunition for their position, with the 2010 Chevrolet Camaro outselling the 2010 Ford Mustang...
Ralph Hanson -
Just last week we profiled the Camaro's rise to above-sticker sales prices due to huge enthusiast demand, including 14,000 pre-orders placed before the car even entered production. But now the new Transformers: Revenge of the Fallen movie is helping to push the 2010 Chevrolet Camaro fan base out into the mainstream. That's a powerful claim, but with $201.2 million in revenue in the first five days on screen, Transformers is a powerful franchise. Prominent placement of the Camaro and other General Motors products could prove to be one of the best ad values of the year. While GM trudges through...
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Dealers say Camaro sales hot, average price $500 over sticker
Fans of the 2010 Chevrolet Camaro have already placed orders for over 25,000 vehicles, only half of which have been filled since the car went on sale. Demand hasn't let up even a little bit despite the overall downturn in the economy and market, with the average Camaro leaving the lot in a new...
Nelson Ireson -
Report: Hummer deal on the rocks, China doesn't want gas guzzlers
General Motors' deal with China's Tengzhong to buy Hummer was thought to be as good as done in early June, but today reports of chatter on China's state radio casts the sale in a different light. The gas-guzzling SUVs just don't fit with the conservation plans in place in Beijing. So now the AP is...
Ralph Hanson -
Study: Domestic North American production outpaced by European, Asian brands by 2012
As a side effect of the current industry downturn and the subsequent realignment of capacity at America's major domestic car manufacturers, the once-Big Three could be outstripped in North American production by a combination of foreign companies by 2012, including BMW and Porsche-owned Volkswagen...
Ralph Hanson -
Diesel sales surge in U.S.
It wasn't so long ago that the superior fuel efficiency of diesel-powered vehicles could be rationalized away due to the higher per-gallon price of the fuel compared to gasoline. Now, however, a dip in the price of diesel has pushed it below gas, and lit sales on fire in the process. The price...
Nelson Ireson -
Hummer won't stop U.S. production, sale to new owners complete by October
Poor sales, growing public concern for the environment and the recession have all added up to weaken General Motors’ chances of finding many buyers for Hummer but the struggling automaker confirmed last week that at least one company was interested in the sale. That company was Chinese...
Ralph Hanson -
The ongoing tale of Saab's sale may be drawing to a close, as early reports out of Sweden today have General Motors and Swedish supercar maker Koenigsegg, along with a group of Norwegian investors, agreeing to the deal in a letter of intent. GM confirmed in its February viability plan that it would no longer supply Saab with funding and that the Swedish company would become an independent business as of January 1, 2010. An official announcement of the sale is expected this week, Saab officials revealed to Automotive News. In its own turnaround plan presented to creditors, Saab confirmed that...
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Lexus hoping to hit 25,000 in first-year HS 250h hybrid sales
High sales hopes aren't exactly in fashion right now, especially in the car industry, and Lexus is following suit, eying a fairly humble first-year target of 25,000 units for its new HS 250h dedicated hybrid sedan. Total sales for the Lexus brand in 2008 rode above 20,000 per month, and even with...
Ralph Hanson -
Brawn GP auctioning off Honda F1 cars at Silverstone Classic event
The meteoric rise of Brawn GP under 2009's new technical regulations - juxtaposed against the equally precipitous fall of Ferrari and McLaren - has put them in the limelight both on and off track. But despite their massive success and key sponsors, Brawn is still a relatively small...
Nelson Ireson -
Chevrolet builds the 1,500,000th Corvette, prices 2010 Grand Sport
Building 1,500,000 of just about any complex machine is a serious milestone, but it's much more than that to the motoring spirit of America when it's the Chevrolet Corvette. Today General Motors announced the production of the 1,500,000th Corvette at its Bowling Green Assembly plant. Along with the...
Nelson Ireson -
Audi will need an extra year to hit 1.5 million sales target
Volkswagen and its subsidiaries, including Audi, have been in hot pursuit of an industry-topping sales rank for the past several years, but the widespread economic downturn is shaping up to put those plans on hold. It may take Audi a full year longer than expected to reach its sales goal of 1.5...
Alex Kaufmann -
Report: GM may announce Hummer sale tomorrow
General Motors confirmed the sale of its Hummer brand last August and followed up the announcement with the release of an official document for potential buyers just one month later. Poor sales, growing public concern for the environment and the recession have all added up to weaken Hummer's sales...
Nelson Ireson