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Automotive Industry Newswire

VW sued by N.J. over excess diesel emissions

Sat, 6 Feb 2016 12:38:15 EST

New Jersey filed a lawsuit against Volkswagen AG and its luxury units over the German automaker's excess diesel emissions, becoming the fourth U.S. state to take legal action.

Volume sellers they are not, but two-door cars keep coming

Sat, 6 Feb 2016 00:01:00 EST

A wave of coupes is appearing in showrooms and at auto shows this year, even though the segment is declining in popularity.

Auto brands hope famous faces pay off in Super Bowl ads

Sat, 6 Feb 2016 00:01:00 EST

A buzzworthy celebrity appearance is often the price of admission for advertising on gameday, but not any celebrity will do.

Group 1 buys U.K. dealership group, sells 3 U.S. stores

Fri, 5 Feb 2016 16:30:07 EST

Group 1 Automotive has acquired the Spire Automotive Group of 12 dealerships in the Greater London area. It also has divested three dealerships in the U.S.

Margin squeeze hurts used-vehicle prices, economist says

Fri, 5 Feb 2016 13:03:25 EST

The Manheim Used Vehicle Value Index dipped in January, registering only its second decline in the last eight months.

Mercedes sales rise 20% in Jan. on strong China demand

Fri, 5 Feb 2016 07:13:25 EST

Sales of Mercedes brand cars increased by 20 percent in January to 150,814, buoyed by a 52 percent jump in China sales.

Renault-Nissan reports record EV sales in 2015 despite drop in Leaf demand

Fri, 5 Feb 2016 05:37:49 EST

Renault-Nissan said global sales of battery-powered vehicles rose 2.5 percent to a record 84,754 last year even though there was a slowdown in demand for the Nissan Leaf, the world's best-selling electric vehicle.

Western European car sales rise 6% on Spain, Italy rebound

Fri, 5 Feb 2016 00:01:00 EST

Western European car sales rose nearly 6 percent in January as the southern markets of Spain and Italy continued to lead demand with double-digit growth.

VW launches ad campaign without 'Das Auto' slogan

Fri, 5 Feb 2016 00:01:00 EST

Volkswagen is launching an advertising campaign in Europe this month that will also roll out globally aimed at winning back trust and sales lost through its diesel emissions-cheating scandal.

Fiat Chrysler preps 2 Super Bowl ads

Thu, 4 Feb 2016 15:23:00 EST

Fiat Chrysler Automobiles will air two spots during Super Bowl 50 on Sunday. The first ad will air after Coldplay's halftime performance. The second ad will air during the first commercial break in the fourth quarter, FCA revealed today.

Asbury income, revenues up in Q4; vehicle margins down

Thu, 4 Feb 2016 11:20:04 EST

Asbury Automotive Group said net income soared to $41.1 million in the fourth quarter of 2015 as revenues rose 9.1 percent to $1.64 billion.

Subaru parent says quarterly earnings rise 21%

Thu, 4 Feb 2016 06:52:06 EST

Subaru parent Fuji Heavy Industries reported a bigger-than-expected rise in third-quarter operating profit on strong sales of its Subaru cars and a favorable currency impact, keeping it on track to post a record full-year profit.

VW brand sales fall again in UK as market grows 3%

Thu, 4 Feb 2016 05:06:25 EST

VW brand's UK car sales fell 14 percent in January, the fourth consecutive monthly drop since the automaker admitted cheating in diesel emissions tests.

How GM's 'shampoo princess' is restoring Opel's image

Thu, 4 Feb 2016 00:01:00 EST

Opel marketing chief Tina Mueller, a former cosmetics executive dubbed the "shampoo princess," is playing a pivotal role in restoring the brand's battered image.

How GM's 'shampoo princess' is restoring Opel's image

Thu, 4 Feb 2016 00:01:00 EST

Opel marketing chief Tina Mueller, a former cosmetics executive dubbed the "shampoo princess," is playing a pivotal role in restoring the brand's battered image.

Jeep, Smart, Jaguar benefit most from Europe's forecast-beating 2015 sales

Thu, 4 Feb 2016 00:01:00 EST

Jeep, Smart and Jaguar were the biggest winners last year in Europe, where overall vehicle sales rose 9 percent, exceeding initial analyst expectations of 3 percent growth at most.

Fuel economy up slightly in January as SUV, pickup sales level off

Wed, 3 Feb 2016 14:49:26 EST

As the sales of SUVs and pickups leveled off in January, the average fuel economy of light vehicles purchased in the U.S. that month went up from December, albeit slightly, a University of Michigan Transportation Research Institute report said.

Google expands self-driving car testing to Washington state

Wed, 3 Feb 2016 14:14:53 EST

Google parent company Alphabet said its self-driving car project will expand testing to Kirkland, Wash., later this month, the third city where it is testing autonomous vehicles.

Scion is not Japan's only failed U.S. brand

Wed, 3 Feb 2016 11:31:30 EST

Japanese failures in the United States are rare, but there have been a few. And with the death of Scion, announced today, Toyopet no longer stands alone as Toyota's only failed brand.

Audi's Super Bowl ad reaches for the moon

Wed, 3 Feb 2016 11:17:41 EST

Audi is back in the Super Bowl with an R8 spot that reaches for the moon. The 60-second first-quarter ad, "The Commander," centers on a retired astronaut who "rediscovers his lust for life" with the help of the R8 V-10-plus supercar.

Luxury car sales surge in Russia despite crisis

Wed, 3 Feb 2016 10:34:55 EST

More and more Porsche, Bentley and Rolls-Royce cars are appearing on Russian roads as wealthy buyers take advantage of a weak ruble that means luxury cars are considerably cheaper in Russia than in the U.S.

German gov't, automakers aim for deal by March to boost EV sales

Wed, 3 Feb 2016 05:56:13 EST

Chancellor Angela Merkel's government is pushing for an agreement within the next month together with German automakers to boost electric car sales in the country as demand for EVs fails to take off in the market.

Volvo sales rise 9% in January on U.S., China demand

Wed, 3 Feb 2016 05:25:32 EST

Volvo sales rose 9 percent in January as deliveries of the automaker's flagship XC90 SUV helped the automaker to achieve double-digit growth in China and the U.S.

VW's sales in Germany slip amid diesel scandal

Wed, 3 Feb 2016 02:30:05 EST

VW, Skoda and Seat sales fell last month in Germany in a market where total registrations rose 3.3 percent. VW brand sales declined by 8.6 percent in a sign that the automaker's diesel scandal may be deterring buyers.

Renault-Nissan plan cheap EV for China

Wed, 3 Feb 2016 00:01:00 EST

Renault-Nissan will develop an affordable electric car for China because the alliance's current offering, the Nissan Leaf, is too expensive for the local market.

Kia's Super Bowl campaign to draw on star power of Christopher Walken, social media influencers

Wed, 3 Feb 2016 00:01:00 EST

In Kia's Super Bowl 50 ad, the redesigned 2016 Optima is like the world's most exciting pair of socks.

Despite a quirky January, industry is on the right path

Tue, 2 Feb 2016 17:11:37 EST

Better run down to the local Asterisks R Us store and load up. The industry always wants January U.S. auto sales to foretell the year ahead, but it's a lousy month for soothsaying.

Subaru posts record for January

Tue, 2 Feb 2016 16:52:38 EST

Despite supply constraints, Subaru reported a record January and a U.S. sales increase of 0.7 percent compared with a year earlier to 41,101 vehicles.

Toyota down 4.7% as cars undercut truck gains

Tue, 2 Feb 2016 15:00:00 EST

Toyota Motor Sales started 2016 with a tap on the brakes, reporting a 4.7 percent decline in January sales from a year ago to 161,283 vehicles.

Honda cites weather for 1.7% decline; Civic surges

Tue, 2 Feb 2016 15:00:00 EST

Facing challenges from both calendar and climate, American Honda Motor Co. reported 100,497 sales for January, a 1.7 percent decrease from a year earlier.

Canadian sales jump 10% after record year

Tue, 2 Feb 2016 14:04:38 EST

Automakers reported a robust 10 percent gain in Canada for January, even as forecasters expect demand in Canada for light vehicles and trucks to level off this year following a record-breaking 2015.

Hyundai, Kia post slight gains to set January records

Tue, 2 Feb 2016 14:00:00 EST

January U.S. sales at Hyundai-Kia were mostly flat but rose just enough to give the brands their best-ever starts to a year.

Ford slips; rising fleets fail to offset retail decline

Tue, 2 Feb 2016 12:15:00 EST

Ford Motor said its retail sales fell 11 percent in January, and a rise in deliveries to car-rental companies wasn't able to fully offset the decline.

Nissan pulls ahead on strength of crossovers

Tue, 2 Feb 2016 12:00:00 EST

Nissan brand U.S. sales rose 3 percent in a winter storm-wracked January as crossovers and trucks gained traction.

GM ekes out gain; retail up as fleet falls

Tue, 2 Feb 2016 08:33:02 EST

General Motors posted a 0.5 percent gain in U.S. sales for January amid strong retail deliveries, and said it would continue to cut back on rental sales in 2016 as a way to boost resale values and brand health.

Jeep and Dodge lift FCA to another increase

Tue, 2 Feb 2016 08:33:02 EST

Fiat Chrysler sales rose 6.9 percent in January as big increases by Jeep and Dodge offset sharp declines for the Chrysler and Fiat brands.

Snowstorms drive sales down 0.4%; SAAR rises to 17.55 million

Tue, 2 Feb 2016 08:00:00 EST

U.S. auto sales declined 0.4 percent last month, as severe winter weather pushed some consumers to put off car shopping until February. With two fewer sales days, the sales rate still rose to 17.55 million.

Lexus reports record global sales in 2015; aims higher in 2016

Tue, 2 Feb 2016 06:39:02 EST

Lexus may not have reclaimed the U.S. luxury sales title in 2015, but by any other measure, it was a champion year for the Japanese premium brand.

Growth in car sales in key European markets 'encouraging' in January

Tue, 2 Feb 2016 05:28:40 EST

New-car sales increased in key European markets in January including 3 percent growth in Germany and double-digit rises in Italy and Spain.

VW sinks to 5-year low; Audi extends streak

Tue, 2 Feb 2016 01:00:00 EST

Volkswagen's U.S. sales fell 15 percent last month, the embattled brand's third-straight monthly decline, while sibling brand Audi kept up its own streak, recording its 61st straight monthly U.S. sales record.

Ford of Europe boss outlines plan to be a consistent profit maker

Tue, 2 Feb 2016 00:01:00 EST

Ford of Europe President Jim Farley wants the division to be a consistent profit contributor to its U.S. parent.

Acura, Hyundai tease Super Bowl 50 spots

Tue, 2 Feb 2016 00:01:00 EST

A telltale sign of Super Bowl season is when the first hints of game spots hit the Internet.

Honda counting on sheep to stir interest in Ridgeline

Mon, 1 Feb 2016 15:38:01 EST

Honda debuted the Super Bowl ad for its 2017 Ridgeline truck today, nearly two weeks before it will play in front of an audience expected to top 100 million people nationwide.

Tesla applies for dealership license in Michigan

Mon, 1 Feb 2016 14:46:18 EST

Tesla Motors has applied for a Michigan dealership license, a move the automaker said is intended to test a state law effectively banning the electric-vehicle maker's direct-sales model.

GM gains conquest sales through Costco Auto promotion

Mon, 1 Feb 2016 14:22:22 EST

Sales generated under a holiday promotion to sell GM vehicles to Costco members were 34 percent higher than the previous year, and over half of those sales were to people who switched from other brands, Costco said today.

CarMax CEO Tom Folliard to retire by end of year

Mon, 1 Feb 2016 10:34:04 EST

CarMax CEO Tom Folliard will retire by the end of the year, the used-car retailer said today. He will be succeeded by Bill Nash, the executive vice president of human resources.

French automakers lose ground to rebounding VW

Mon, 1 Feb 2016 07:04:28 EST

French new-car registrations increased 3.5 percent in January, as Volkswagen Group appeared to shrug off the scandal over its diesel test-rigging with sales rising 12 percent, outpacing Renault and PSA/Peugeot-Citroen.

Surge in end-of-lease cars seen pressuring prices in record sales year

Mon, 1 Feb 2016 06:51:02 EST

A surge in cars and SUVs coming out of leases have analysts predicting pressure on prices of both used and new models, curbing investor enthusiasm over sales records projected for this year.

The Super Bowl auto ad lineup

Mon, 1 Feb 2016 00:01:00 EST

The 2016 Super Bowl auto ad lineup is nearly set. Here's a look at who's in and who's staying on the sidelines.

GM lines up urban mobility deals, while Ford experiments 'everywhere'

Mon, 1 Feb 2016 00:01:00 EST

GM and its competitors are determined to get on board with changes in technology and demographics that are bringing people back to cities and thrusting car-sharing and ride-sharing into the mainstream. The question is how.