Skip to: Content
Skip to: Site Navigation
Skip to: Search
SATURDAY, NOVEMBER 21, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter

NEWS ABOUT: auto sales

auto sales stories: 60 news summaries

1 - 20 of 60 Stories | 1 2 3 Next >>

Switch to grid view »

 GM to Try Money-Back 
 Guarantee 

Firm hopes 60-day refund period will rouse sales

Sep 10, 09 4:46 PM CDT
(Newser) - General Motors is offering a good old money-back guarantee as a ploy to entice buyers to its showrooms, USA Today reports. Buyers will be able to get a full refund on any new GM model within 60 days of purchase. The automaker plans to announce the refund program in ads... More »

MORE ABOUT:
General Motors • automaker • auto industry • auto sales • US automakers • refund • Bob Lutz • Edward Whitacre

Clunkers Drives Ford's August Sales Up 17%

Hyundai surges 47%; GM drops 20% and Chrysler 17%

Sep 1, 09 1:56 PM CDT
(Newser) - Cash for Clunkers reverberated through August auto sales reports released today, with Ford and Hyundai scoring big jumps, the Wall Street Journal reports. The winners and losers:
  • Ford's light vehicle sales rose 17% year-over-year, with the Focus and Escape both in the top eight most popular vehicles purchased through
... More »

MORE ABOUT:
Chrysler • Ford • auto industry • auto sales • Cash for Clunkers

(Newser) - Cash for Clunkers revved into overdrive during its final weekend, the New York Times reports. After Thursday’s announcement that the Car Allowance Rebate System would end tomorrow at 8pm, consumers across the country raced to dealerships, resulting in long lines, epic haggling sessions, and hours of overtime work. “... More »

MORE ABOUT:
auto industry • car dealers • auto sales • Cash for Clunkers • Car Allowance Rebate System

 Used-Car Dealers: 
 Program's a Clunker 

Other groups also unhappy with government rebates

Aug 14, 09 4:39 PM CDT
(Newser) - The Cash for Clunkers program has proven to be a shot in the arm for the new-car market, but not everyone's a fan. Used-car dealers say their business is suffering, the Sacramento Bee reports. "The used side sort of slipped" since the program started, said one Honda dealership manager.... More »

MORE ABOUT:
auto industry • car dealers • auto sales • used cars • Cash for Clunkers

 GM Launches EBay Car Sales 


Aug 11, 09 4:51 AM CDT
(Newser) - GM is hoping to boost its sales in California with a trial program selling new cars and trucks on eBay, AP reports. Most of the company's dealers in the state have signed up for the program, which will let buyers haggle over the price of new vehicles and determine online... More »

MORE ABOUT:
California • eBay • General Motors • online auction • auto industry • auto sales

 Senate Extends 'Clunkers' 


Aug 6, 09 7:31 PM CDT
(AP) - Cash for Clunkers lives. As expected, Congress tonight sent President Obama legislation with an additional $2 billion to extend the program. The Senate approved the money on a 60-37 vote after administration officials said the initial $1 billion had run out in only 10 days. The House voted last week... More »

MORE ABOUT:
Senate • auto industry • auto sales • automobile • Cash for Clunkers

(Newser) - Last week's rush of demand for new cars may may have exhausted the $1 billion earmarked for the "cash for clunkers" program, but struggling auto dealers saw their sales zoom, reports Reuters. Though exact figures aren't yet available, the program was certain to drive car sales to the... More »

MORE ABOUT:
recession • auto industry • car dealers • auto sales • Cash for Clunkers

(Newser) - A rare sentiment emerged from the auto industry today: cautious optimism. New sales figures show that Americans bought 860,000 vehicles in June, the Wall Street Journal reports. That's down 28% from last year, but it's also the smallest monthly sales drop of the year. Ford and Toyota both declared... More »

MORE ABOUT:
Chrysler • Toyota • General Motors • auto industry • auto sales • Ford Motor Co.

 US Automakers See 
 Sales Increase in May  

Ford, GM have best month of 2009

Jun 2, 09 4:46 PM CDT
(Newser) - Some actual good news for the auto industry: All three US automakers saw sales of new cars jump from April to May, reports the New York Times. Granted, sales are still way down compared to last year, but the month-to-month leap offers a glimmer of hope among the bankruptcy headlines.... More »

MORE ABOUT:
Chrysler • Toyota • General Motors • Detroit • Honda • Nissan • Ford • auto industry • auto sales

Analysis

 US Auto Market Going Sane 


May 4, 09 12:50 PM CDT
(Newser) - After years of big cars and even bigger sales numbers, forces are conspiring to turn the US auto market into something much more like its European counterparts, the LA Times reports. Fashion statement SUVs are giving way to more efficient, more reliable cars, analysts say, which people are expected... More »

MORE ABOUT:
fuel efficiency • SUV • auto industry • auto sales

Seeking Sales Bump,
GM Targets Middle East

New models will be introduced soon

May 4, 09 10:17 AM CDT
(Newser) - General Motors hopes to rebound from a 19% first-quarter drop in Middle East sales by introducing new models and helping buyers with down payments, Reuters reports. "There are a lot of people who walk into showrooms who aren't able to buy because they can't get financing," says the... More »

MORE ABOUT:
Middle East • General Motors • Chevrolet • auto industry • auto sales • Hummer • automobile

Car Lovers Just Don't Get Keyed Up Anymore

Romance with Detroit's best is fading

Apr 4, 09 6:15 PM CDT
(Newser) - Where have all the car buffs gone? For many, the allure of that new car smell is fading: Figures show new-vehicle sales are down 38%, and despite warranties lasting 7 or 10 years, 40% of last year’s trade-ins were less than 4 years old. But recession is only partly... More »

MORE ABOUT:
automaker • auto sales • cars

'Car Bubble' Blows Up on Automakers

Sales were artificially high in boom years; rebound unlikely

Apr 3, 09 10:01 AM CDT
(Newser) - The housing boom brought a car bubble along for the ride, and now that one has burst, so has the other, reports the Washington Post. Thousands of cars are sitting on lots and likely to stay there. “You had a huge number of cars being sold," says Steven... More »

MORE ABOUT:
Chrysler • Toyota • General Motors • Ford • auto industry • auto sales • housing bubble

(Newser) - Automakers got hammered again last month, with Detroit’s Big Three all reporting big sales drops today. Ford’s light-vehicle numbers were down 41%, the AP reports; General Motors’ fell 44.7% and Chrysler’s 39.3%, the Wall Street Journal adds. Foreign manufacturers weren’t immune, either, with Toyota’... More »

MORE ABOUT:
Chrysler • Toyota • General Motors • Ford • Volkswagen • Big Three • auto sales • US automakers

 Sinking Car Sales May 
 Be on the Rebound 

Today's figures 'as low as it's going to get': analyst

Apr 1, 09 7:58 AM CDT
(Newser) - Figures to be released today are likely to show a third straight month of annualized new-car sales below 10 million, the Wall Street Journal reports—but there’s a chance those numbers have hit bottom. Considering the size of the American consumer market, today’s figure “is about as... More »

MORE ABOUT:
auto industry • auto sales • cars • financial crisis • auto bailout

Ford to Make
Car Payments for Buyers Who Lose Jobs

Firm will cover up to $700/month for a year

Mar 31, 09 10:00 AM CDT
(Newser) - With auto sales battered by the recession and tight credit, Ford is offering a payment protection plan to reassure consumers delaying buying new cars because of job-loss fears, the AP reports. The automaker will cover payments of up to $700 each month for up to a year on any new... More »

MORE ABOUT:
General Motors • Ford • Hyundai • auto industry • auto sales • payments

 Chinese Sell More Cars 
 Than US Automakers 

In January, for the first time ever, more vehicles were sold in China than the US

Feb 5, 09 7:18 AM CST
(Newser) - China’s domestic auto industry managed to sell more cars last month than US automakers for the first time ever, reports the Wall Street Journal. GM said 790,000 vehicles were sold there in January, eclipsing the 657,000 sold in the US. But, experts say, the economic slump... More »

MORE ABOUT:
China • Chery • auto industry • Big Three • auto sales

UPDATED

Auto Sales Off Again: GM 49%, Ford 40%, Toyota 32%

Double-digit US losses expected to continue

Feb 3, 09 12:48 PM CST
(AP) - Three automakers said today their US light-vehicle sales plummeted again in January: General Motors fell 49%, Ford 40% and Toyota 32%. It’s an abysmal start to 2009 for the industry as sales to fleet buyers like rental car companies weighed down the results. Chrysler and other automakers also are... More »

MORE ABOUT:
Toyota • Ford • auto sales

Chrysler Needs $3B From Feds to Lock Deal With Fiat

The automakers have agreed to an alliance, but only if Chrysler gets another loan

Jan 21, 09 9:11 AM CST
(Newser) - Chrysler and Fiat have agreed to a deal that would give the Italian automaker a 35% stake in the US company, but there’s a hitch: it doesn't become final unless Chrysler bags another $3 billion from the federal government, reports the Wall Street Journal. The partnership will give... More »

MORE ABOUT:
Chrysler • auto industry • auto sales • Fiat • auto bailout

MARKET Open

 Stocks Slide on 
 Auto Fears 

Dow dips

Jan 5, 09 8:53 AM CST
(Newser) - Stocks slid at the open today, as investors looked with trepidation toward a likely-to-suck auto sales report. The Dow edged down 50 points, while the Nasdaq and S&P lose 0.9% and 0.7% respectively. Analysts believe auto sales will have fallen by about 40% for December. But GM... More »

MORE ABOUT:
stock market • Nasdaq • Dow • auto sales • S&P 500

1 - 20 of 60 Stories | 1 2 3 Next >>


from our news partners