Chevrolet Bolt Takes Aim at Tesla Model 3
The North American International Auto Show opens Monday in Detroit, and GM is expected to unveil its next generation all-electric car, the Chevy Bolt.
The North American International Auto Show opens Monday in Detroit, and GM is expected to unveil its next generation all-electric car, the Chevy Bolt.
The remarkable increase in new car sales will continue next year, according to research firm Kelly Blue Book, and profits of the major car companies will remain strong.
The United States remains the largest market for the parent of Mercedes-Benz, but last year China surpassed Germany as its second-largest market.
BMW has proved that a car manufacturer does not have to market to the middle-priced and low-priced markets to sell millions of cars.
Annual sales of all-electric and plug-in hybrid electric vehicles rose by more than 20,000 units in 2014, up nearly 23%.
Ford announced Thursday morning a 20% increase in the company’s quarterly dividend.
Volkswagen was the eighth-largest auto seller in the United States in 2014, but by some measures Subaru already outsells VW.
The race for the top in U.S. luxury car sales was won by BMW in 2014. The automaker reported on Monday that it sold more cars last year than Mercedes or Audi.
Cadillac, the luxury brand of General Motors, continues to be the laggard among luxury car brands. While sales of its primary competitors improve, Cadillac sales dropped in December.
Ford Motor F-Series pickup was the best-selling car in the United States again in 2014. It is a prize Ford has held for decades.
Ford sales totals in December were a clear miss and shares of Ford are in for a beating Monday.
With gasoline fast approaching the $2 per gallon level, it is no surprise to see sales of Chevy Tahoe and Suburban surging.
Sales rose 20% year-over-year at Fiat Chrysler Automobiles in December to the company’s best December sales level since 2004.
The average transaction price for a new car or pickup purchased in the United States in December was 1.6% higher than in November, as well as 2.5% higher than December of 2013.
Automakers are about release December sales figures, and industry analysts are looking for another solid month of sales to bring to a close a very good year for new car sales.