Monthly Car Sales Fall in Germany, U.K., France

November 05, 2018 at 2:39 PM

New-car registrations last month fell in three of Europe’s largest markets, according to local reports.

Cadillac Will Halt, Relaunch Subscription Plan

November 05, 2018 at 1:30 AM

General Motors Co.’s Cadillac brand confirms it will suspend its “Book by Cadillac” subscription service on Dec. 1, then relaunch a revised version of the program a few months later.

Toyota Tests Subscription, Car-Sharing Schemes in Japan

November 01, 2018 at 6:32 PM

Toyota Motor Corp. is expected to become the first carmaker in Japan to test a subscription option to conventional car buying, The Nikkei reports.

U.S. Car Sales Advance 1%

November 01, 2018 at 6:07 PM

Growth in new-car sales in the U.S. slowed to 1% in October, as weaker sales incentives, bad weather and higher fuel prices eroded consumer demand.

FCA Posts Big U.S. Sales Gains for October

November 01, 2018 at 10:07 AM

Fiat Chrysler Automobiles NV reports a 16% gain in October new-car sales, defying an expected downturn for the U.S. market overall.

Stock Prices Rise as China Ponders Tax Cut for Cars

October 29, 2018 at 11:16 AM

Stock prices for carmakers worldwide are climbing on news that China’s central government may again lower its new-car purchase tax to stimulate sales, Bloomberg News reports.

Commercial Truck Sales Drop 5% in Europe

October 25, 2018 at 2:12 AM

Demand for commercial vans, trucks and buses across Europe shrank 5% year on year to 219,600 units in September, trade group ACEA reports.

PSA’s Revenues Climb 8%

October 24, 2018 at 4:01 PM

PSA Group reports that its revenue grew 8% to €15.4 billion ($17.6 billion) in the third quarter and 29% to €54 billion ($61.5 billion) through the first nine months.

Import Brands Prevail in CR Reliability Ratings

October 24, 2018 at 3:02 PM

Domestic U.S. brand cars all finished below average in this year’s Consumer Reports auto reliability survey. Lexus and Toyota again rate first and second with scores of 78 and 76, respectively.

Ministry Sees Slow Growth Ahead for China Auto Sales

October 24, 2018 at 1:41 AM

China’s auto industry is entering a period of slower production and sales rates, the state-run Xinhua News Agency reports.

Harley-Davidson Warns of Shrinking Market as Sales Sag

October 23, 2018 at 3:24 PM

Motorcycle maker Harley-Davidson Inc. says its U.S. sales fell 13% to 36,200 units in the third quarter, its worst any-quarter result in five years.

Nissan Targets 5% Market Share in India

October 23, 2018 at 12:15 PM

Nissan Motor Co. aims to hike its share of India’s new-car market from less than 2% in the fiscal year ended March 31 to 5% by 2022-2023.