auto sales

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Japan Is No Longer the No. 1 Auto Exporter
Japan Is No Longer
the No. 1 Auto Exporter
the rundown

Japan Is No Longer the No. 1 Auto Exporter

China takes the title with its surging industry

(Newser) - Japan has long been the world's top exporter of automobiles, but that reign is now over. China has overtaken it for the No. 1 spot, and it's no blip—Beijing's lead is expected to "solidify" in 2024, reports the South China Morning Post . The Wall Street ...

A Bizarre Truth About the Vehicle You're Driving
A Bizarre Truth About
the Vehicle You're Driving
in case you missed it

A Bizarre Truth About the Vehicle You're Driving

It might be worth more now than what you paid for it new

(Newser) - "It just seems like we're in fantasy land." So declares New England auto dealer Abel Toll to the Wall Street Journal . He's referring to his own industry at the moment, which is seeing strange things happen on the sales floor for a variety of reasons. (A...

Walmart Sells Shirts, Not Pants Amid Coronavirus

The pandemic is also affecting real estate and book sales

(Newser) - When you teleconference, no one can see your pants—and that's driving a spike in shirt sales as more Americans work at home during the coronavirus pandemic, USA Today reports. "We're seeing increased sales in tops, but not bottoms. So, people who are concerned, obviously, from the...

Ford Unveils Electric Mustang Mach E Suv

It can go up to 300 miles on a single charge

(Newser) - Ford is unveiling its first all-electric SUV, marking the start of an avalanche of battery-powered vehicles coming from mainstream and luxury automakers during the next two years that industry analysts say will boost electric vehicle sales. The Mustang Mach E, which will go 230 miles to more than 300 miles...

Volkswagen Has Been Kicked Out of No. 1 Auto Sales Spot

Renault-Nissan is the new king of the cars

(Newser) - Results are in for the first six months of worldwide car sales, and Volkswagen has been, as CNNMoney notes, "dethroned." The German carmaker came in with about 5,155,600 vehicles sold in the first half of the year, followed by Toyota at 5,129,000. But it...

Does This Pricey Minivan Explain Slumping Auto Sales?
Sticker Shock May Explain
Slumping Auto Sales
the rundown

Sticker Shock May Explain Slumping Auto Sales

Bloomberg points to a $50K minivan, though others say industry is still fine

(Newser) - The latest auto sales figures have triggered a flurry of negative headlines of the-boom-is-over variety. Sales fell 4.7% in April, which is the fourth straight month of declines and the first time we've had such a streak since 2009, reports the AP . Barring an unexpected surge, the US...

What Recalls? GM Sales Hit 6-Year High

Even amid report that 74 more deaths could be to blame on ignition switch

(Newser) - Apparently a record number of recalls and actual driver deaths weren't enough to drive the public away from General Motors. The company posted its best month of sales since 2008 last month, CNNMoney reports. Sales were up 13% compared to the previous year. May was kind to automakers overall,...

GM Reclaims World's No.1 Spot

2011 disasters knock Toyota into 3rd place

(Newser) - General Motors is back on top of the world less than three years after its bankruptcy and restructuring. The company is once again the world's top-selling automaker, with 9 million sales worldwide in 2011, almost a million more than second-placed Volkswagen. Toyota, which took top spot from GM in...

Worst-Selling Cars of 2011
 Worst-Selling Cars of 2011 

Worst-Selling Cars of 2011

Honda's Acura makes the list twice

(Newser) - Autoblog runs down the list of the 10 worst-selling cars of 2011, including:
  1. Honda's Acura RL ($47,700): 1,096 sold
  2. Hyundai Azera ($25,495): 1,524 sold
  3. Mitsubishi Lancer Sportback ($18,395): 1,548 sold
  4. Acura ZDX ($46,020): 1,564 sold
  5. Toyota Land Cruiser ($68,920):

US Has New Luxury Car Champ

BMW edges out Mercedes-Benz for crown

(Newser) - The Beamers win: BMW has earned the honor of being the top-selling luxury brand of car in the US for 2011, reports the Wall Street Journal . It takes the title from Toyota's Lexus, which had dominated for a decade but never quite recovered from the March earthquake and tsunami...

Car Sales Jumped 14% Last Month

Chrysler, VW saw huge gains

(Newser) - Americans may be worried about the economy, but they still need to get where they’re going. Auto sales beat expectations last month, rising 14% to 994,721, their fastest sales pace since August 2009, reports the AP . Chrysler led the pack: The automaker’s sales jumped 45%, Reuters reports....

Japan's Auto Sales Plummet 51%

Quake-prompted parts shortage leads to largest plunge in history

(Newser) - Japan saw auto sales drop 51% in April compared to sales a year earlier, the biggest plunge since record-keeping began in 1968. The earthquake- and tsunami-prompted parts shortage squeezed production and dealers’ supplies; just 108,824 vehicles sold last month. Toyota was the hardest-hit, with sales sinking 68.7% to...

Goodbye, PT Cruiser: Chrysler Pulls Plug Friday

Retro car's sales had slowed to just 5,500 this year

(Newser) - The PT Cruiser was the unexpected smash hit of 2000, evoking images of Al Capone and tommy guns with its sleek retro lines, and catapulting its way to be Chrysler's sales juggernaut, with some buyers paying thousands more than the sticker price to get their hands on one. But a...

Cash for Clunkers Vastly Underrated: Researchers

Trade in program generated roughly 542,000 sales

(Newser) - Cash for Clunkers was far more effective than anyone is giving it credit for, says a new study from Maritz Automotive Research Group. In their survey, 90% of program participants say they wouldn’t have purchased a new car without the government incentive—a far higher percentage than previous estimates....

Ford Sales Rise 33% as GM, Chrysler's Fall

But all three domestic automakers suffered in '09

(Newser) - Ford continued to dominate its domestic rivals in December, with the carmaker the only one of the "big three" to see sales advance. The company's US sales rose 33%, marking Ford's best month since May 2008. GM saw a 6% sales decline for December, while Chrysler's sales were down...

GM to Try Money-Back Guarantee

Firm hopes 60-day refund period will rouse sales

(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...

Clunkers Drives Ford's August Sales Up 17%

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

(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 the

Procrastinators Rush In as Clunkers Runs Out

(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. “...

Used-Car Dealers: Program's a Clunker

Other groups also unhappy with government rebates

(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....

GM Launches EBay Car Sales
 GM Launches EBay Car Sales 

GM Launches EBay Car Sales

(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...

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