Sales

Subaru Tops Consumer Reports Brand Ratings

February 21, 2019 at 3:26 PM

Subaru jumped six positions to top this year’s Consumer Reports brand rankings for the first time ever, displacing Hyundai Motor Co.’s Genesis luxury marque.

U.S. Inventories of Unsold SUVs on the Rise

February 18, 2019 at 3:22 PM

Dealer supplies of unsold SUV/crossover vehicles in the U.S. ballooned 12% year-on-year in January, and inventories of sedans have dropped 16%.

Porsche Warns U.K. Customers Brexit May Hike Prices 10%

February 18, 2019 at 1:15 AM

Porsche AG is advising buyers in the U.K. that cars delivered after Britain leaves the European Union may carry a 10% surcharge because of higher import tariffs.

January Car Sales Fall 5% in Europe

February 15, 2019 at 2:50 AM

Deliveries of new passenger cars skidded 5% to 1.23 million units across Europe last month, as demand dropped in the region’s top five markets.

Car Sales Dip 2% in India

February 13, 2019 at 5:10 PM

January new-car sales in India declined to 280,100 units from 285,500 a year earlier, according to the Society of Indian Automobile Manufacturers.

Lexus, Porsche Top JD Power 2019 Dependability Study

February 13, 2019 at 1:53 PM

Lexus has retained its top rating for the eighth consecutive year in J.D. Power’s annual U.S. Vehicle Dependability Study.

U.S. Auto Loan Delinquencies at Record High

February 12, 2019 at 4:34 PM

The number of car owners in the U.S. who are at least three months late on their loan payments climbed to 7 million at the end of 2018.

How High Will U.S. Demand for SUVs Go?

February 11, 2019 at 2:55 AM

SUVs and pickup trucks continue to gain market share in the U.S., and neither segment shows signs of peaking, says LMC Automotive's Bill Rinna.

Report: Tesla Cut Delivery Team by Two-Thirds

February 11, 2019 at 12:17 AM

The job cuts Tesla Inc. announced last month reportedly have slashed the company’s 230-member U.S. vehicle delivery team by 150 people.

Minicar Market Shrinks in Europe

February 08, 2019 at 5:58 PM

European demand for city cars is shrinking, prompting some of the largest makers of the A-segment cars to consider dropping the number of models they offer.

Car Sales Drop 8% in Spain

February 07, 2019 at 12:35 AM

Registrations of new passenger vehicles in Spain fell 8% to 93,500 units last month, according to trade group ANFAC.

Tesla Cuts Model 3 Price Again

February 06, 2019 at 5:17 PM

Tesla Inc. has lowered the retail price of its Model 3 electric sedan in the U.S. by another $1,100, to $42,900.