Posts Tagged ‘S Sales’

Industry braces for even slower recovery as June’s sales disappoint

That slow but steady improvement in auto sales so far this year? It’s getting slower. June’s disappointing U.S. vehicle sales have pushed some manufacturers and dealers to lower their projections for the rest of the year.

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VW to double U.S. sales in next 2-3 years, exec says

Volkswagen AG, Europe’s biggest car maker, aims to more than double its sales in the United States within the next three to four years, the head of the company’s U.S. business said on Sunday.

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Ford to enhance Sync, launch other vehicle technologies

Ford Motor Co., fresh from posting its first yearly U.S. market share gain in 14 years, today unveiled a set of new technologies and enhancements that executives hope will build on the company’s sales momentum.

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Dodge hires ad agency that helped Nike and#8216;do itand#8217;

Chrysler Group, in the midst of shuffling advertising agencies after swallowing a 36 percent drop in U.S. sales last year, today said it will use Wieden + Kennedy as the agency for its Dodge brand.

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GMand#8217;s December wasn’t as bad as it looked

General Motors Co.and#8217;s 6 percent December sales decline looks a little better after remembering December 2008. That month, about a third of GMand#8217;s sales were fleet deliveries.

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Ford, Hyundai, Toyota lead industry to 15% gain

Ford, Toyota, Subaru and Hyundai Group spurred a year-end U.S. sales rally that took some sting out of a painful year. Overall, December light vehicle sales rose 15 percent from a year earlier, while full-year volume fell 21 percent.

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U.S. sales of medium, heavy trucks fall 16%

U.S. sales of medium- and heavy-duty trucks fell for the 34th straight month in November. But the drop was the smallest yet this year. Class 4 through 8 truck sales fell 16 percent in November from a year earlier to 18,738.

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2010 sales will rise a bit. Or soar. Or maybe crash.

Burned by the depth of this year’s sales plunge, forecasters are cautious about 2010: U.S. auto sales will improve slightly. Unless they soar. Or crash.

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Saturn’s Lajdziak to head sales and marketing at Smart USA

Smart USA has hired Jill Lajdziak, Saturn’s former top executive, to lead sales and marketing and stem a 38 percent decline in U.S. sales this year.

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Honda will pass Chrysler for 4th place in U.S. sales

American Honda is well on its way to passing Chrysler Group to become the No. 4 automaker in the United States. Through November, American Honda had sold 1.044 million units, holding a 200,000-unit lead over Chrysler.

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GM’s Docherty gets expanded role; Lutz is adviser on product

Susan Docherty, General Motors Co.’s sales chief, gets an expanded role for marketing and Vice Chairman Bob Lutz becomes an adviser on product development as part of the automaker’s latest management shake-up.

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Ford posts another gain as industry sees signs of strength

Ford Motor Co.’s U.S. sales rose by less than 1 percent in November, for the automaker’s fourth gain in five months, as the industry was expected to post its second-strongest sales month of the year without the help of the cash-for-clunkers program.

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Ford and Toyota gain, Hyundai soars as industry sees strength

Ford Motor Co. and Toyota Motor Corp. posted slight U.S. sales gains in November and Hyundai-Kia soared as the industry reported sales in line with its and#8220;new normal,and#8221; after a four-year decline and this summer’s cash-for-clunkers incentive.

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Daimler to offer Smart rental program in Texas

With Smartand#8217;s U.S. sales continuing to drop dramatically, Daimler AG is launching a pilot program in Austin, Texas, for short-term rental of the micro car.

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Mazda’s independent, but Ford ties are strong

Takashi Yamanouchi took over as CEO of Mazda Motor Corp. a year ago this month and was immediately confronted by some of the biggest challenges in Mazda’s history. U.S. sales plunged. Ford Motor Co.

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November auto sales will beat October, Ford analyst says

DETROIT (Reuters)- – November’s U.S. auto sales will stay above October levels, Ford Motor Co.’s chief U.S. sales analyst said on Friday.

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November sales rate will at least match October, Ford analyst says

November’s U.S. auto sales will at least reach October levels, Ford Motor Co.’s chief U.S. sales analyst said on Friday. Maintaining October’s levels would beat November 2008′s 10.3 million units of demand.

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Geely plans 1M Volvo sales, new China plant for Swedish brand

Geely has developed a turnaround plan under which it hopes to double Volvo’s sales to near 1 million vehicles a year, a media report said today.

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BMW expects 10% U.S. sales increase in 2010

BMW is forecasting an increase of about 10 percent in U.S. sales next year, partially fueled by the introduction of the redesigned 5-series sedan in early 2010.

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Mercedes-Benz U.S. CEO sees better sales ahead

Daimler AG’s Mercedes-Benz premium auto unit expects year-on-year U.S. sales growth in the next few months and the potential to increase its U.S. market share next year, U.S. CEO Ernst Lieb said Monday.

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Ito: Cost, mpg top Honda’s product agenda

Takanobu Ito took over as president of Honda Motor Co. in June with the global auto market in free fall and his company’s sales tumbling in tandem.

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Chrysler’s sales outside N.A. will almost quadruple by 2014, Manley says

Chrysler Group’s sales outside North America will grow to 500,000 by 2014 from an estimated 144,000 this year, international sales chief Mike Manley said Wednesday.

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Chrysler wants sales outside N.A. to quadruple by 2014

Chrysler Group’s sales outside North America will grow to 500,000 by 2014 from an estimated 144,000 this year, international sales chief Mike Manley said Wednesday.

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Chrysler collapse signals need for product

On the eve of CEO Sergio Marchionne’s unveiling of his five-year turnaround plan for Chrysler, the U.S. automaker did something it had done for each of the past 22 months: announced a decline in U.S. sales.

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Chrysler gives Marchionne chance to prove skeptics wrong again

Tell most analysts that Chrysler Group’s sales are going to rise to about 3 million in 2014 from roughly 1.5 million this year and here is the reaction you will get: No chance. Chrysler CEO Sergio Marchionne is used to turning doubters in believers.

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