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Everything posted by William Maley
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BMW Group U.S. Reports August 2017 Sales BMW brand sales decrease 7.7 percent MINI brand sales decrease 10.5 percent Woodcliff Lake, NJ – September 1, 2017… Sales of BMW brand vehicles decreased 7.7 percent in August for a total of 23,553 compared to 25,531 vehicles sold in August 2016. Year-to-date, the BMW brand is down 5 percent in the U.S. on sales of 194,604 vehicles compared to 204,744 sold in the first eight months of 2016. Notable vehicle sales in August include the BMW 4 Series and BMW 5 Series, which both showed strong gains for the second straight month, and the BMW X1. The BMW 4 Series increased 49.3 percent to 3,412 vehicles, while the BMW 5 Series which increased 37.6 percent to 3,587 vehicles. The BMW X1 increased 39 percent to 2,002 vehicles. “Even as we are reporting the August sales, our thoughts are with those in the devastated areas of Texas and Louisiana, especially our many employees and colleagues. We are making significant contributions to the American Red Cross to relieve as much of the suffering as possible,” said Bernhard Kuhnt, President and CEO, BMW of North America. “August numbers were a bit unusual in that sedans outpaced our SAV’s as model year change over for the X5 and new model production of the X3 significantly restricted availability of our especially popular SAV models. This of course will improve as production ramps up.” MINI Brand Sales For August, MINI USA reported 4,448 vehicles sold, a decrease of 10.5 percent from the 4,969 sold in the same month a year ago. Year-to-date, MINI USA reported a total of 31,051 vehicles sold, a decrease of 11.0 percent from 34,887 vehicles sold in the first eight months of 2016. BMW Group Sales In total, the BMW Group in the U.S. (BMW and MINI combined) reported August sales of 28,001 vehicles, a decrease of 8.2 percent from the 30,500 vehicles sold in the same month a year ago. Year-to-date, BMW Group sales are down 5.8 percent on sales of 225,655 vehicles in the first eight months of 2017 compared to 239,631 in the same period in 2016. BMW Group Electrified Vehicle Sales Sales of BMW Group electric and plug-in hybrid electric vehicles increased 9.2 percent to 11,672 through August 2017, accounting for 5.2 percent of total BMW brand sales in the U.S. Currently, BMW offers six electrified vehicle models in the U.S., including the BMW i3 and BMW i8, as well as the BMW i Performance models: BMW 330e, BMW 530e, BMW 740e and the BMW X5 xDrive 40e. MINI offers the MINI Countryman plug-inhybrid electric vehicle, which launched in June 2017.
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Porsche Reports August 2017 Sales of 4,709 Units Year-to-date retail sales up 1.1 percent ATLANTA, Sept. 1, 2017 /PRNewswire/ -- Porsche Cars North America, Inc. (PCNA), importer and distributor in the United States of the Porsche 911, 718 Boxster and Cayman, Panamera, Cayenne, and Macan model lines, today announced August 2017 sales of 4,709 units, down 9.1 percent compared to August 2016. These results reflect delays in our delivery of 2018 model year vehicles, many of which are still in the final regulatory approval process. Porsche is working diligently to obtain all required approvals as soon as possible. Year-to-date retail sales are up 1.1 percent compared to 2016 with 36,178 vehicles sold. August was the best two-door sports car month of 2017 with 1,642 deliveries. Porsche 911 sales in the U.S. reached 1,016 units in August, a 35.6 percent increase year-over-year. The 718 Boxster and Cayman line posted 626 retail deliveries, up 32.1 percent over August 2016. Sales of the Panamera sports sedan stood at 557, a 25.2 percent increase year-over-year. Year-to-date, Panamera deliveries are up 36.3 percent with 4,068 vehicles sold. Model August Sales Year-to-Date 2017 2016 2017 2016 ALL 911 1,016 749 5,998 6,582 ALL BOXSTER/CAYMAN 626 474 3,431 4,568 ALL PANAMERA 557 445 4,068 2,985 ALL CAYENNE 869 1,209 8,802 10,267 ALL MACAN 1,641 2,304 13,879 11,364 GRAND TOTALS* 4,709 5,181 36,178 35,767 *918 Spyder sales are reflected in 2016 grand total figures.
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Mazda Reports August Sales Mirroring Changes in Customer Tastes Across the Industry, Momentum Continues for Mazda's Crossover SUV Line as CX-5 Posts Record Sales for Fifth Month in a Row IRVINE, Calif., Sept. 1, 2017 /PRNewswire/ -- Mazda North American Operations (MNAO) today reported total August U.S. sales of 25,846 vehicles, representing a decrease of 1.0 percent versus August of last year. Year-to-date sales through August are down 2.4 percent versus last year, with 194,559 vehicles sold. With 27 selling days in August 2017, versus 26 the year prior, on a Daily Selling Rate (DSR) basis, the company posted a decrease of 4.7 percent. Key August sales notes: Mazda CX-5 continued its sales streak, posting its fifth record-breaking month in a row. With 11,631 vehicles sold in the month of August, the mid-size crossover SUV posted an increase of 9.6 percent over August of last year. Sales of the Mazda MX-5 Miata rose 9.5 percent year-over-year (YOY), with 901 vehicles sold in the month of August. This number includes both the MX-5 soft top and MX-5 RF. Total sales of Mazda's CX crossover SUV line, including the CX-3, CX-5 and CX-9, were up 6.5 percent in August, with 14,868 vehicles sold. Mazda's predictive i-ACTIV All-Wheel Drive remains a popular choice among customers purchasing crossover SUVs, with 64.3 percent of CX-line vehicles sold in August being equipped with the AWD option. Month-To-Date Year-To-Date August August % % MTD August August % % YTD 2017 2016 Change DSR 2017 2016 Change DSR Mazda3 6,754 7,297 (7.4)% (10.9)% 53,995 66,781 (19.1)% (19.9)% Mazda5 - 16 (100.0)% (100.0)% 9 362 (97.5)% (97.5)% Mazda6 3,323 4,006 (17.0)% (20.1)% 24,814 31,810 (22.0)% (22.8)% MX-5 Miata 901 823 9.5% 5.4% 8,871 7,088 25.2% 23.9% CX-3 1,436 1,492 (3.8)% (7.3)% 10,528 12,494 (15.7)% (16.6)% CX-5 11,631 10,612 9.6% 5.5% 80,110 73,054 9.7% 8.6% CX-9 1,801 1,863 (3.3)% (6.9)% 16,232 7,787 108.4% 106.4% Total Vehicles CARS 10,978 12,142 (9.6)% (12.9)% 87,689 106,044 (17.3)% (18.1)% TRUCKS 14,868 13,967 6.5% 2.5% 106,870 93,335 14.5% 13.4% TOTAL 25,846 26,109 (1.0)% (4.7)% 194,559 199,378 (2.4)% (3.4)% Selling Days 27 26 204 202
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American Honda Reports August 2017 Auto Sales Sep 1, 2017 - TORRANCE, Calif. Honda HR-V sets yet another new monthly record in August Sporty models boost Honda Civic to strong increase Honda core products Accord, Civic and CR-V all top 30,000 in sales in August Acura RDX sets new August sales record Acura ILX gains again, up 17.7 percent in August American Honda Motor Co., Inc. today reported total August sales of 146,015 Honda and Acura vehicles, a slight decrease of 2.4 percent vs. August 2016. Total Honda Division sales decreased 1.8 percent on sales of 132,883. Honda cars gained 4.2 percent with 71,433 vehicles sold in August, while Honda trucks were down 8 percent on sales of 61,460 units due largely to limited inventory of key models. Acura Division sales were down 7.8 percent on August sales of 13,132 vehicles, with trucks declining 1.4 percent on sales of 9,211 units, and cars down 20.1 percent on sales of 3,921 vehicles. Honda Honda cars showed no signs of slowing in August, with Civic grabbing a strong 11.2 percent gain versus 2016 and Accord holding steady in the final year of its current form, despite all-new competition. With the exception of HR-V, which set a new August record close to its best month ever, Honda trucks were still feeling the pinch of tight supplies in August. HR-V set a new August sales record, jumping 26.7 percent on sales of 9,603, just 176 shy of its best month ever. Civic sales again topped 36,000, for a gain of 11.2 percent in August. Accord crested 30,000 sales for the month as it continued to buck the downward sedan sales trends among other manufacturers. "With millions of people suffering due to the extreme weather in Texas and neighboring states, our thoughts and concerns are focused on their quick recovery and we are committed to supporting our customers at this difficult time," said Jeff Conrad, senior vice president of the Automobile Division of American Honda. Acura The ILX, Acura's gateway model, again led Acura sales gains in August as the luxury sedan market saw many luxury carmakers continuing to pour on the incentives in a bid to find sales. On the truck side, the Acura RDX continued to show sales strength, setting a new August record in one of the industry's hottest segments. ILX sales were up for the third month in a row, gaining 17.7 percent in August on sales of 1,380. RDX set a new August sales record, gaining 11.2 percent on sales of 4,679 for the month. "At a time like this, our thoughts are with those who are suffering from the hurricane in Texas and we are taking steps to support our customers during this challenging time," said Jon Ikeda, vice president & general manager of the Acura division.
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Audi of America reports August sales increase as new Q5, A5 Sportback drive demand Q5 sales rose 7.9 percent; Q7 sales jump 35 percent Sales of all-new A5 Sportback were 1,325 Audi SUV sales increased 8.9 percent for the month HERNDON, Virginia, September 1, 2017 – Audi of America reported an August sales increase of 2.8 percent to 19,811 deliveries, as the Q7 and the new Q5 and A5 Sportback helped drive consumer demand. August was the 80th consecutive record sales month for Audi of America. The previous August record was set last year with 19,264 deliveries. Through August, Audi has now sold 141,606 vehicles in the U.S. this year. Deliveries of the new Q5 rose to 4,767 and have now risen 11 percent for the year. Q7 sales rose 35 percent over last August to 3,174 and have risen 20 percent year-to-date. Through August, Audi SUV sales have risen 12 percent to 70,705. Deliveries of the new A5 coupe, Sportback and Cabriolet, more than tripled to 2,603 vehicles, including 1,325 sales of the new-to-the U.S. Sportback. “We are in the midst of our biggest product rollout in our U.S. history and consumers are responding to the designs, the technology and the brand’s reputation for dependability,” said Cian O’Brien, chief operating officer, Audi of America. Houston-area update The four Audi dealerships in the greater Houston area, Audi North Houston, Audi Central Houston, Audi West Houston and Audi Sugar Land, reopened for business Aug. 31. “Our thoughts and support remain with the people of greater Houston,” O’Brien said. “We commend the members of the Audi family in the Houston area for their perseverance and commitment to the community and their employees in the face of so many challenges this past week.” AUDI US SNAPSHOT --MTD-- --YTD-- Model Line Aug '17 Actual Aug '16 Actual Yr/Yr % change Aug '17 YTD Actual Aug '16 YTD Actual Yr/Yr % change A3 1,904 2,686 -29.1% 14,403 20,017 -28% A3 e-tron 129 346 -63% 2,467 2,637 -6.4% A4 2,746 2,965 -7.4% 22,667 20,496 10.6% A5 2,603 848 207% 11,597 5,926 95.7% A6 1,380 1,960 -29.6% 10,567 12,110 -12.7% A7 379 574 -34% 2,935 4,047 -27.5% A8 239 348 -31.3% 2,110 2,616 -19.3% allroad 351 156 125% 2,005 1,124 78.4% Q3 1,861 2,238 -16.8% 12,835 12,525 2.5% Q5 4,767 4,419 7.9% 34,630 31,238 10.9% Q7 3,174 2,347 35.2% 23,240 19,410 19.7% R8 47 96 -51% 601 446 34.8% TT 231 281 -17.8% 1,549 1,970 -21.4% Total Audi Sales 19,811 19,264 2.8% 141,606 134,562 5.2% Total CPO Sales 4,752 3,868 22.9% 31,583 30,998 1.9%
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VOLKSWAGEN OF AMERICA REPORTS AUGUST 2017 SALES RESULTS August sales totaled 32,015 units, an increase of 9 percent over August 2016 Year-to-date sales totaled 220,344, an increase of 6.4 percent Sales of the all-new 2018 Atlas totaled 2,807 units Sales of the all-new 2018 Tiguan totaled 2,516 units Herndon, VA — (September 1, 2017) Volkswagen of America, Inc. (VWoA) today reported sales of 32,015 units delivered in August 2017, a 9 percent increase over August 2016. With 220,344 units delivered year-to-date in 2017, the company is reporting an increase of 6.4 percent in year-over-year sales. August marked the first full month of sales for the all-new 2018 Volkswagen Tiguan; deliveries for the month totaled 2,516 units. The 2018 Tiguan was redesigned and specifically engineered to meet the needs of American customers, with a more sophisticated and spacious interior, flexible seating, and available high-tech infotainment and driver-assistance features. Volkswagen will continue sales of the current generation Tiguan and will introduce the 2017 Tiguan Limited, based off the original platform. The Tiguan Limited reconfigures the offer structure for low complexity and high value in the compact SUV space. The 2018 Tiguan joins the Chattanooga-built Atlas in Volkswagen’s expanded SUV lineup. Deliveries of the Atlas totaled 2,807 for the month. August 2017 Sales August 17 August 16 Yr/Yr% change August 17 YTD August 16 YTD Yr/Yr% change Golf 1,436 1,141 25.9% 9,873 8,467 16.6% GTI 2,117 2,081 1.7% 14,597 15,350 -4.9% Golf R 100 107 -6.5% 2,584 2,899 -10.9% e-Golf 317 454 -30.2% 2,512 2,253 11.5% Golf SportWagen 1,991 1,057 88.4% 20,225 7,544 168.1% Total Golf Family 5,961 4,840 23.2% 49,791 36,513 36.4% Jetta Sedan 12,409 11,720 5.9% 78,958 81,444 -3.1% Jetta SportWagen (now Golf SportWagen) N/A N/A N/A N/A 5 -120.0% Total Jetta 12,409 11,720 5.9% 78,957 81,449 -3.1% Beetle Coupe 667 1,117 -40.3% 6,272 5,851 7.2% Beetle Convertible 557 402 38.6% 5,132 3,969 29.3% Total Beetle 1,224 1,519 -19.4% 11,404 9,820 16.1% Eos* N/A N/A N/A 1 387 -99.7% Passat 5,714 7,389 -22.7% 45,994 46,751 -1.6% CC 97 247 -60.7% 1,111 2,121 -47.6% Tiguan 1,005 3,302 -69.6% 19,454 27,237 -28.6% 2018 Tiguan 2,516 N/A N/A 3,109 N/A N/A Touareg 282 367 -23.2% 2,387 2,978 -19.8% Atlas 2,807 N/A N/A 8,136 N/A N/A TOTAL 32,015 29,384 9.0% 220,344 207,156 6.37% *Eos production ended in July 2015
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Toyota Motor North America Reports U.S. Sales for August 2017 RAV4 sells more than 43,000 for all-time record back-to-back months TMNA posts best-ever August light truck sales Lexus NX, GX and Total LUV post best-ever August PLANO, Texas (September 1, 2017) – Toyota Motor North America (TMNA) Inc., today reported August 2017 sales of 227,625 units. With one more selling day in August 2017 compared to August 2016, sales were up 6.8 percent on volume and up 2.8 percent on a daily selling rate (DSR) basis. Toyota division posted August sales of 196,824 units, up 8 percent on a volume basis, and up 4 percent on a DSR basis. "First and foremost, our thoughts are with all those suffering from the devastating effects of Hurricane Harvey," said Jack Hollis, group vice president and general manager, Toyota division. "Though demand softened in the last part of the month, August was still a good month for the industry. We continue to set records in light trucks, with RAV4 having its second consecutive month over 40,000, setting another all-time best-ever, and the all-new Camry is off to a great start. Now, as we launch our Camry marketing campaign today, we look forward to gaining even more momentum. " Lexus posted August sales of 30,801 units, down 0.4 percent on a volume basis, and down 4.1 percent on a DSR basis. "Customers took advantage of our Golden Opportunity Sales Event and we were pleased to see Lexus sedans gain momentum for the month of August, most notably the ES,” said Jeff Bracken, Lexus group vice president and general manager. “We also saw a sales increase for the NX and GX luxury utility vehicles. As the new 2018 models begin to roll in, we expect strong sales as we head toward the end of the year." August 2017 Highlights: Camry posts August sales of 37,051 units TMNA, Toyota and Lexus divisions post best-ever August for light trucks RAV4 sales up more than 30 percent to exceed 43,000 units for back-to-back, all-time best-ever months Highlander sales increased by nearly 26 percent; posts new best-ever August 4Runner sales of 10,358 units in August Tacoma sales rise by more than 13 percent in August Tundra posts August sales of 10,320 units ES posts sales of 6,404 units, up nearly 10 percent NX sets best-ever August, up 2 percent LX up nearly 11 percent in August RX sees more than 7 percent gain in August GX sets best-ever August, up nearly 34 percent
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Maserati North America, Inc. - Up 15.1% (1,103 Vehicles Sold This Month, 8,884 Vehicles Sold This Year) Mitsubishi Motors North America - Up 11.3% (8,164 Vehicles Sold This Month, 70,765 Vehicles Sold This Year) Volkswagen of America - Up 9% (32,015 Vehicles Sold This Month, 220,344 Vehicles Sold This Year) General Motors Co. - Up 7.5% (275,552 Vehicles Sold This Month, 1,916,105 Vehicles Sold This Year) Toyota Motor North America - Up 6.8% (227,625 Vehicles Sold This Month, 1,604,847 Vehicles Sold This Year) Subaru of America, Inc. - Up 4.6% (63,215 Vehicles Sold This Month, 423,728 Vehicles Sold This Year) Volvo Cars of North America, LLC - Up 4.1% (7,994 Vehicles Sold This Month, 49,066 Vehicles Sold This Year) Audi of America - Up 2.8% (19,811 Vehicles Sold This Month, 141,606 Vehicles Sold This Year) Jaguar Land Rover North America - Up 1% (9,421 Vehicles Sold This Month, 75,006 Vehicles Sold This Year) Mazda North American Operations - Down 1% (25,846 Vehicles Sold This Month, 194,559 Vehicles Sold This Year) Kia Motors America - Down 1.7% (53,323 Vehicles Sold This Month, 405,462 Vehicles Sold This Year) Ford Motor Company - Down 2.1% (209,897 Vehicles Sold This Month, 1,711,211 Vehicles Sold This Year) American Honda Motor Co. - Down 2.4% (146,015 Vehicles Sold This Month, 1,088,881 Vehicles Sold This Year) BMW Group U.S. - Down 8.2% (28,001 Vehicles Sold This Month, 225,655 Vehicles Sold This Year) Mercedes-Benz USA - Down 8.5% (29,183 Vehicles Sold This Month, 237,775 Vehicles Sold This Year) Porsche Cars North America, Inc. - Down 9.1% (4,709 Vehicles Sold This Month, 36,178 Vehicles Sold This Year) FCA US LLC - Down 11% (176,033 Vehicles Sold This Month, 1,404,872 Vehicles Sold This Year) Nissan North America - Down 13.1% (108,326 Vehicles Sold This Month, 1,056,309 Vehicles Sold This Year) Hyundai Motor America - Down 25% (54,310 Vehicles Sold This Month, 454,733 Vehicles Sold This Year) Brands: Acura - Down 7.8% (13,132 Vehicles Sold This Month, 101,180 Vehicles Sold This Year) Alfa Romeo - Up 2,891% (1,140 Vehicles Sold This Month, 6,084 Vehicles Sold This Year) Audi - Up 2.8% (19,811 Vehicles Sold This Month, 141,606 Vehicles Sold This Year) BMW - Down 7.7% (23,553 Vehicles Sold This Month, 194,604 Vehicles Sold This Year) Buick - Down 22.5% (16,811 Vehicles Sold This Month, 143,093 Vehicles Sold This Year) Cadillac - Down 8.1% (15,016 Vehicles Sold This Month, 98,316 Vehicles Sold This Year) Chevrolet - Up 11.4% (196,007 Vehicles Sold This Month, 1,316,391 Vehicles Sold This Year) Chrysler - Down 33% (12,652 Vehicles Sold This Month, 128,050 Vehicles Sold This Year) Dodge - Down 2% (43,608 Vehicles Sold This Month, 335,852 Vehicles Sold This Year) Fiat - Down 23% (2,120 Vehicles Sold This Month, 19,046 Vehicles Sold This Year) Ford - Down 2.0% (201,189 Vehicles Sold This Month, 1,637,291 Vehicles Sold This Year) Genesis - Up 20.4% (1,803 Vehicles Sold This Month, 13,366 Vehicles Sold This Year) GMC - Up 12.4% (47,718 Vehicles Sold This Month, 358,305 Vehicles Sold This Year) Honda - Down 1.8% (132,883 Vehicles Sold This Month, 987,701 Vehicles Sold This Year) Hyundai - Down 25.5% (52,507 Vehicles Sold This Month, 441,367 Vehicles Sold This Year) Infiniti - Up 5.2% (10,986 Vehicles Sold This Month, 100,969 Vehicles Sold This Year) Jaguar - Down 6% (3,101 Vehicles Sold This Month, 26,932 Vehicles Sold This Year) Jeep - Down 15% (73,191 Vehicles Sold This Month, 548,833 Vehicles Sold This Year) Kia - Down 1.7% (53,323 Vehicles Sold This Month, 405,462 Vehicles Sold This Year) Land Rover - Up 4.8% (6,320 Vehicles Sold This Month, 48,074 Vehicles Sold This Year) Lexus - Down 0.4% (30,801 Vehicles Sold This Month, 193,463 Vehicles Sold This Year) Lincoln - Down 5.8% (8,708 Vehicles Sold This Month, 73,920 Vehicles Sold This Year) Maserati - Up 15.1% (1,103 Vehicles Sold This Month, 8,884 Vehicles Sold This Year) Mazda - Down 1% (25,846 Vehicles Sold This Month, 194,559 Vehicles Sold This Year) Mercedes-Benz - Down 8.2% (28,954 Vehicles Sold This Month, 235,381 Vehicles Sold This Year) MINI - Down 10.5% (4,448 Vehicles Sold This Month, 31,051 Vehicles Sold This Year) Mitsubishi - Up 11.3% (8,164 Vehicles Sold This Month, 70,765 Vehicles Sold This Year) Nissan - Down 14.8% (97,340 Vehicles Sold This Month, 955,340 Vehicles Sold This Year) Porsche - Down 9.1% (4,709 Vehicles Sold This Month, 36,178 Vehicles Sold This Year) Ram Trucks - Down 2% (43,322 Vehicles Sold This Month, 367,007 Vehicles Sold This Year) Smart - Down 35.1% (229 Vehicles Sold This Month, 2,394 Vehicles Sold This Year) Subaru - Up 4.6% (63,215 Vehicles Sold This Month, 423,728 Vehicles Sold This Year) Toyota - Up 8% (196,824 Vehicles Sold This Month, 1,411,384 Vehicles Sold This Year) Volkswagen - Up 9% (32,015 Vehicles Sold This Month, 220,344 Vehicles Sold This Year) Volvo - Up 4.1% (7,994 Vehicles Sold This Month, 49,066 Vehicles Sold This Year) *Mercedes-Benz's sales numbers include Mercedes-Benz vans. View full article
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Maserati North America, Inc. - Up 15.1% (1,103 Vehicles Sold This Month, 8,884 Vehicles Sold This Year) Mitsubishi Motors North America - Up 11.3% (8,164 Vehicles Sold This Month, 70,765 Vehicles Sold This Year) Volkswagen of America - Up 9% (32,015 Vehicles Sold This Month, 220,344 Vehicles Sold This Year) General Motors Co. - Up 7.5% (275,552 Vehicles Sold This Month, 1,916,105 Vehicles Sold This Year) Toyota Motor North America - Up 6.8% (227,625 Vehicles Sold This Month, 1,604,847 Vehicles Sold This Year) Subaru of America, Inc. - Up 4.6% (63,215 Vehicles Sold This Month, 423,728 Vehicles Sold This Year) Volvo Cars of North America, LLC - Up 4.1% (7,994 Vehicles Sold This Month, 49,066 Vehicles Sold This Year) Audi of America - Up 2.8% (19,811 Vehicles Sold This Month, 141,606 Vehicles Sold This Year) Jaguar Land Rover North America - Up 1% (9,421 Vehicles Sold This Month, 75,006 Vehicles Sold This Year) Mazda North American Operations - Down 1% (25,846 Vehicles Sold This Month, 194,559 Vehicles Sold This Year) Kia Motors America - Down 1.7% (53,323 Vehicles Sold This Month, 405,462 Vehicles Sold This Year) Ford Motor Company - Down 2.1% (209,897 Vehicles Sold This Month, 1,711,211 Vehicles Sold This Year) American Honda Motor Co. - Down 2.4% (146,015 Vehicles Sold This Month, 1,088,881 Vehicles Sold This Year) BMW Group U.S. - Down 8.2% (28,001 Vehicles Sold This Month, 225,655 Vehicles Sold This Year) Mercedes-Benz USA - Down 8.5% (29,183 Vehicles Sold This Month, 237,775 Vehicles Sold This Year) Porsche Cars North America, Inc. - Down 9.1% (4,709 Vehicles Sold This Month, 36,178 Vehicles Sold This Year) FCA US LLC - Down 11% (176,033 Vehicles Sold This Month, 1,404,872 Vehicles Sold This Year) Nissan North America - Down 13.1% (108,326 Vehicles Sold This Month, 1,056,309 Vehicles Sold This Year) Hyundai Motor America - Down 25% (54,310 Vehicles Sold This Month, 454,733 Vehicles Sold This Year) Brands: Acura - Down 7.8% (13,132 Vehicles Sold This Month, 101,180 Vehicles Sold This Year) Alfa Romeo - Up 2,891% (1,140 Vehicles Sold This Month, 6,084 Vehicles Sold This Year) Audi - Up 2.8% (19,811 Vehicles Sold This Month, 141,606 Vehicles Sold This Year) BMW - Down 7.7% (23,553 Vehicles Sold This Month, 194,604 Vehicles Sold This Year) Buick - Down 22.5% (16,811 Vehicles Sold This Month, 143,093 Vehicles Sold This Year) Cadillac - Down 8.1% (15,016 Vehicles Sold This Month, 98,316 Vehicles Sold This Year) Chevrolet - Up 11.4% (196,007 Vehicles Sold This Month, 1,316,391 Vehicles Sold This Year) Chrysler - Down 33% (12,652 Vehicles Sold This Month, 128,050 Vehicles Sold This Year) Dodge - Down 2% (43,608 Vehicles Sold This Month, 335,852 Vehicles Sold This Year) Fiat - Down 23% (2,120 Vehicles Sold This Month, 19,046 Vehicles Sold This Year) Ford - Down 2.0% (201,189 Vehicles Sold This Month, 1,637,291 Vehicles Sold This Year) Genesis - Up 20.4% (1,803 Vehicles Sold This Month, 13,366 Vehicles Sold This Year) GMC - Up 12.4% (47,718 Vehicles Sold This Month, 358,305 Vehicles Sold This Year) Honda - Down 1.8% (132,883 Vehicles Sold This Month, 987,701 Vehicles Sold This Year) Hyundai - Down 25.5% (52,507 Vehicles Sold This Month, 441,367 Vehicles Sold This Year) Infiniti - Up 5.2% (10,986 Vehicles Sold This Month, 100,969 Vehicles Sold This Year) Jaguar - Down 6% (3,101 Vehicles Sold This Month, 26,932 Vehicles Sold This Year) Jeep - Down 15% (73,191 Vehicles Sold This Month, 548,833 Vehicles Sold This Year) Kia - Down 1.7% (53,323 Vehicles Sold This Month, 405,462 Vehicles Sold This Year) Land Rover - Up 4.8% (6,320 Vehicles Sold This Month, 48,074 Vehicles Sold This Year) Lexus - Down 0.4% (30,801 Vehicles Sold This Month, 193,463 Vehicles Sold This Year) Lincoln - Down 5.8% (8,708 Vehicles Sold This Month, 73,920 Vehicles Sold This Year) Maserati - Up 15.1% (1,103 Vehicles Sold This Month, 8,884 Vehicles Sold This Year) Mazda - Down 1% (25,846 Vehicles Sold This Month, 194,559 Vehicles Sold This Year) Mercedes-Benz - Down 8.2% (28,954 Vehicles Sold This Month, 235,381 Vehicles Sold This Year) MINI - Down 10.5% (4,448 Vehicles Sold This Month, 31,051 Vehicles Sold This Year) Mitsubishi - Up 11.3% (8,164 Vehicles Sold This Month, 70,765 Vehicles Sold This Year) Nissan - Down 14.8% (97,340 Vehicles Sold This Month, 955,340 Vehicles Sold This Year) Porsche - Down 9.1% (4,709 Vehicles Sold This Month, 36,178 Vehicles Sold This Year) Ram Trucks - Down 2% (43,322 Vehicles Sold This Month, 367,007 Vehicles Sold This Year) Smart - Down 35.1% (229 Vehicles Sold This Month, 2,394 Vehicles Sold This Year) Subaru - Up 4.6% (63,215 Vehicles Sold This Month, 423,728 Vehicles Sold This Year) Toyota - Up 8% (196,824 Vehicles Sold This Month, 1,411,384 Vehicles Sold This Year) Volkswagen - Up 9% (32,015 Vehicles Sold This Month, 220,344 Vehicles Sold This Year) Volvo - Up 4.1% (7,994 Vehicles Sold This Month, 49,066 Vehicles Sold This Year) *Mercedes-Benz's sales numbers include Mercedes-Benz vans.
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Nissan Group reports August 2017 U.S. sales NASHVILLE, Tenn. – Nissan Group announced total U.S. sales for August 2017 of 108,326 units, a decrease of 13 percent from last year. Nissan highlights: Nissan Titan sales increased 182 percent to 3,521. Nissan Armada set an August record with 4,454 in sales, up 767 percent. Nissan Sentra sales increased to 15,285, up 7 percent. Nissan LEAF sales increased to 1,154, up 8 percent. NV200 set a record for August with 1,615 in sales, up 12 percent. NISSAN DIVISION AUG AUG Monthly CYTD CYTD CYTD 2017 2016 % chg 2017 2016 % chg Nissan Division Total 97,340 114,199 -14.8 955,340 969,865 -1.5 Versa 6,759 10,585 -36.1 71,216 94,902 -25.0 Sentra 15,285 14,256 7.2 146,583 155,806 -5.9 Cube 0 0 0.0 0 15 -100.0 Altima 14,694 19,646 -25.2 183,292 217,290 -15.6 Maxima 4,424 6,064 -27.0 41,273 42,807 -3.6 LEAF 1,154 1,066 8.3 9,685 7,922 22.3 Juke 571 1,143 -50.0 8,555 15,267 -44.0 370Z 335 590 -43.2 3,265 4,292 -23.9 GT-R 47 88 -46.6 450 455 -1.1 Total Car 43,269 53,438 -19.0 464,319 538,756 -13.8 Frontier 4,637 9,537 -51.4 50,097 61,792 -18.9 Titan 3,521 1,248 182.1 31,776 8,490 274.3 Xterra 0 2 0.0 1 38 -97.4 Pathfinder 3,726 5,794 -35.7 54,259 51,083 6.2 Armada 4,454 514 766.5 21,086 6,371 231.0 Rogue 29,844 32,979 -9.5 257,958 215,160 19.9 Murano 4,895 7,482 -34.6 45,905 53,246 -13.8 Quest 2 327 -99.4 4,935 9,846 -49.9 NV 1,377 1,431 -3.8 12,162 11,988 1.5 NV200 1,615 1,447 11.6 12,842 13,095 -2 Total Truck 54,071 60,761 -11.0 491,021 431,109 13.9 INFINITI AUG AUG Monthly CYTD CYTD CYTD 2017 2016 % chg 2017 2016 % chg Infiniti Total 10,986 10,439 5.2 100,969 85,362 18.3 Infiniti Q40 0 0 0.0 0 59 -100.0 Infiniti Q50 2,541 3,745 -32.1 24,740 26,804 -7.7 Infiniti Q60 690 169 308.3 7,393 916 707.1 Infiniti Q70 400 439 -8.9 4,058 4,093 -0.9 Infiniti QX30 806 74 0.0 10,928 74 0.0 Infiniti QX50 1,370 1,200 14.2 10,515 11,184 -6.0 Infiniti QX60 3,697 3,268 13.1 25,481 27,941 -8.8 Infiniti QX70 454 283 60.4 5,846 3,699 58.0 Infiniti QX80 1,028 1,261 -18.5 12,008 10,592 13.4 Total Car 3,631 4,353 -16.6 36,191 31,872 13.6 Total Truck 7,355 6,012 22.3 64,778 53,416 21.3 NISSAN GROUP AUG AUG Monthly CYTD CYTD CYTD 2017 2016 % chg 2017 2016 % chg TOTAL VEHICLE 108,326 124,638 -13.1 1,056,309 1,055,227 0.1 Total Car 46,900 57,791 -18.8 500,510 570,628 -12.3 Total Truck 61,426 66,773 -8.0 555,799 484,525 14.7
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GM’s U.S. August Sales up 7.5 Percent Total, retail and commercial share up Chevrolet, Buick, GMC, Cadillac, OnStar and GM Financial Expand Hurricane Relief Efforts DETROIT — General Motors (NYSE: GM) today reported U.S. August deliveries of 275,552 vehicles, up 7.5 percent from a year ago. Retail deliveries were up 4 percent, and the company estimates that it gained more than one-half point of retail market share. U.S. Commercial fleet deliveries were up 19 percent, and the company has gained domestic Commercial market share for 13 consecutive months. Total fleet deliveries were up 24 percent. “We had a very strong month, and grew our retail and commercial fleet business on the strength of robust crossover sales at all four of our brands,” said Kurt McNeil, U.S. vice president of Sales Operations. “But our focus is on the unfolding crisis in Texas and what we can do to help our customers, employees, dealers and everyone else impacted by the flooding.” Alan Batey, president of GM North America, added, “During this crisis, we have seen remarkable acts of bravery and compassion. People are pulling together and helping total strangers like they’ve been neighbors all their lives. It’s inspiring and we are there for all of you.” Since the storm, GM has marshaled teams from Chevrolet, Buick, GMC, Cadillac, OnStar, GM Financial and Customer Care & Aftersales to help with current and future needs across the region. Among the initiatives: GM is offering its OnStar Crisis Assist service to drivers of close to one million GM vehicles in parts of Texas and Louisiana. By pressing the blue OnStar button, customers will be connected to advisors who can provide temporary no-charge access to emergency services, phone and guidance services and 4G LTE Wi-Fi service (provided by AT&T). GM Financial is assisting impacted customers with payment arrangements and waiving related fees. Eligible customers who are replacing a vehicle may qualify for a 90-day deferred first payment. The company is moving used vehicle inventory to Chevrolet, Buick, GMC and Cadillac dealerships so that people with flood-damaged vehicles have access to rental cars and courtesy transportation. The Customer Care & Aftersales team, including ACDelco, are working to expedite the shipment of service parts, including electronic components, engines, transmissions and batteries to the region. Chevrolet, Buick, GMC and Cadillac are offering $1,000 in Disaster Relief Assistance to customers in the most heavily impacted areas of Texas and Louisiana through Oct. 2, 2017. This money can be applied by anyone toward the purchase of a new vehicle, and it can be used in addition to all other retail incentives in the market. OnStar has handled more than 23,000 calls for assistance from GM customers and is helping to support the American Red Cross with its unusually high call volume because of Hurricane Harvey. GM has donated $1 million to the American Red Cross to provide immediate support to disaster relief efforts around the country, and it has set up a donation web link for employees, who have contributed more than $50,000 in less than four days. Employees from GM facilities in Arlington and Fort Worth are filling three semi-trailers full of personal care items, bottled water and non-perishable food. Chevrolet, Buick, GMC and Cadillac are launching websites to give customers easy access to all of the things the brands are doing to help the recovery effort. August Retail Highlights (vs. August 2016 unless noted) Chevrolet Best August since 2004 and best August crossover month ever. The Traverse was up 83 percent, for its best month ever. The Equinox was up 67 percent. The Trax was up 11 percent, for its best August ever. The Chevrolet Bolt EV had its strongest sales ever, with 2,052 deliveries. According to PIN data, the Volt and Bolt EV combined for 46 percent of non-luxury, electric vehicle sales in August. Silverado LD crew cab was up 21 percent. The Impala was up 63 percent. Buick The Encore, up 31 percent, had its best month ever. The Envision, up 78 percent, had its best August ever. GMC GMC’s ATPs hit a year-to-date record of $43,400, thanks the best-ever mix of Denali models. August deliveries of the Acadia were up 36 percent, for its best August ever, and sales have now grown year over year for 12 consecutive months. Sales of the Terrain were up 66 percent, with shipments of the all-new 2018 model starting to grow. Sierra LD crew cab was up 21 percent. Cadillac The XT5 crossover was up 28 percent, for its second best month since launch, bringing the combined SRX/XT5 year to date sales up 10 percent. August ATP was up nearly $1,400 to $53,300. Supplemental Data U.S. inventory levels are down about 85,000 vehicles from the end of June to about 893,000 vehicles. The company is on track to meet its inventory target, which is to end the year with stocks at or below last year’s level of about 850,000 vehicles, with fewer cars and more trucks, crossovers and utilities in the mix. According to JD Power PIN estimates, GM’s August incentive spending as a percent of ATP was 13.9 percent, in line with its domestic competitors. Year to date, GM has the lowest daily rental mix of any full-line automaker at about 8 percent of total sales. GM remains on track to decrease daily rental sales by 50,000 units in 2017. “Hurricane Harvey did have an adverse effect on deliveries during the last week of August for every automaker but the key U.S. economic fundamentals remain supportive of strong vehicle sales,” said Mustafa Mohatarem, GM chief economist. “With the U.S. economy strengthening, we anticipate retail sales will be strong for the foreseeable future.”
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FCA US Reports August 2017 Sales Jeep® Compass and Jeep Renegade record their best August sales ever Jeep Grand Cherokee posts best August sales since 2000 Dodge Challenger records best August sales ever Ram ProMaster and Ram ProMaster City vans each post their best August sales ever A 23 percent year-over-year decline in fleet sales is in line with the FCA US strategy to reduce sales to the daily rental segment September 1, 2017 , Auburn Hills, Mich. - FCA US LLC today reported sales of 176,033 units, an 11 percent decrease compared with sales in August 2016 (196,805 units). In August, retail sales of 140,379 units were down 7 percent compared with the same month in 2016 and represented 80 percent of total sales. In line with FCA’s strategy to reduce sales to the daily rental segment, fleet sales of 35,654 units were down, as expected, 23 percent year over year. The largest planned volume reduction in August fleet sales came from the Jeep® brand, which reduced its fleet sales number by 66 percent year over year. Fleet sales represented 20 percent of total August sales. Six FCA US vehicles recorded their best August sales ever, including the Dodge Challenger and Chrysler Pacifica. The Jeep Compass, Jeep Renegade, Ram ProMaster and Ram ProMaster City also posted their best ever August sales. The Jeep Grand Cherokee and Jeep Wrangler turned in double-digit percentage increases in August, compared with the same month a year ago. The Dodge Grand Caravan posted a 62 percent year-over-year sales increase for its best August sales since 2004. Dodge Brand The Dodge Challenger recorded its best ever August sales. Challenger sales were up 19 percent, its third record sales month this year. Dodge Charger sales increased 11 percent compared with the same month in 2016. The Charger had its best August sales since 2006. Sales of the Dodge Grand Caravan minivan were up 62 percent, its best August sales since 2004. Jeep® Brand The Jeep Compass and Jeep Renegade each recorded their best ever August sales. Sales of the Jeep Grand Cherokee – the most-awarded SUV ever – were up 28 percent for its best August sales since the year 2000. For the seventh-consecutive year, the Grand Cherokee last month won AutoPacific’s Ideal Vehicle Award (IVA) for the mid-size SUV segment. The Jeep Wrangler posted a 10 percent year-over-year sales gain. Ram Truck Brand The Ram ProMaster and Ram ProMaster City each turned in their best August sales ever. ProMaster sales were up 45 percent year over year, while ProMaster City sales increased 14 percent. With the start of 2018 model-year production, the Ram 3500 Heavy Duty pickup truck will offer a segment-dominating 930 lb.-ft. of torque and the exclusive ability to tow 30,000 lbs. with a fifth-wheel hitch. FIAT Brand Sales of the Fiat 500L were up 8 percent in August, compared with the same month in 2016. The 500L expands the Cinquecento’s appeal by offering 42 percent extra interior space with comfortable seating for five, engaging driving dynamics and a 160-horsepower 1.4-liter MultiAir Turbo engine, all wrapped in contemporary Italian design. Chrysler Brand Sales of the all-new Chrysler Pacifica – the most-awarded minivan of 2016 and 2017 – were up 2 percent in August for its best August since launch last year. The Pacifica bested the competition last month by winning AutoPacific’s Ideal Vehicle Award for the minivan segment. Alfa Romeo Brand Alfa Romeo brand sales of 1,140 units were up significantly compared with the same month a year ago as the all-new Alfa Romeo Stelvio begins to arrive at U.S. dealerships. FCA US LLC Sales Summary August 2017 Month Sales Vol % CYTD Sales Vol % Model Curr Yr Pr Yr Change Curr Yr Pr Yr Change Compass 9,305 8,871 5% 42,579 66,434 -36% Patriot 2,658 11,808 -77% 36,932 83,723 -56% Wrangler 16,808 15,298 10% 134,428 134,372 0% Cherokee 11,874 23,938 -50% 105,060 140,351 -25% Grand Cherokee 23,572 18,403 28% 158,975 135,419 17% Renegade 8,974 8,178 10% 70,859 70,476 1% JEEP BRAND 73,191 86,496 -15% 548,833 630,775 -13% 200 941 4,213 -78% 16,562 45,774 -64% 300 4,073 5,283 -23% 35,436 38,581 -8% Town & Country 17 1,811 -99% 545 56,945 -99% Pacifica 7,621 7,459 2% 75,507 26,400 New CHRYSLER BRAND 12,652 18,766 -33% 128,050 167,700 -24% Dart 430 2,906 -85% 9,385 34,670 -73% Avenger 1 1 0% 11 42 -74% Charger 9,569 8,611 11% 58,148 62,214 -7% Challenger 6,253 5,262 19% 47,496 45,443 5% Viper 59 58 2% 517 409 26% Journey 5,665 11,739 -52% 69,342 65,855 5% Caravan 17,109 10,572 62% 104,479 94,553 10% Durango 4,522 5,202 -13% 46,474 48,819 -5% DODGE BRAND 43,608 44,351 -2% 335,852 352,005 -5% Ram P/U 37,608 40,265 -7% 327,759 313,294 5% Cargo Van 0 0 0% 0 21 -100% ProMaster Van 4,589 3,169 45% 28,332 23,326 21% ProMaster City 1,125 985 14% 10,916 11,793 -7% RAM BRAND 43,322 44,419 -2% 367,007 348,434 5% 500 937 1,246 -25% 9,419 10,122 -7% 500L 141 131 8% 1,058 2,698 -61% 500X 660 899 -27% 5,237 8,425 -38% Spider 382 460 New 3,332 941 New FIAT BRAND 2,120 2,736 -23% 19,046 22,186 -14% Giulia 916 0 New 5,494 0 New Alfa 4C 21 37 -43% 286 377 -24% Stelvio 203 0 New 304 0 New ALFA ROMEO 1,140 37 2981% 6,084 377 1514% FCA US LLC 176,033 196,805 -11% 1,404,872 1,521,477 -8%
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There are more expenses to owning a new car aside from making a monthly payment. You have gas, maintenance, repairs, and depreciation to worry about. The total cost according to a new study from AAA will depend on the type of vehicle you're driving. AAA's Your Driving Costs study reports that average cost to own and operate a new vehicle in 2017 is $8,469 per year - $706 per month. The study looked at 45 new vehicles from the 2017 model year and evaluated the various costs such as gas and maintenance, but not insurance and monthly payment. When broken down into individual segments, small sedans are the cheapest ($6,354 annually) and trucks are the most expensive ($10,054). This year's Your Driving Costs study saw hybrid and electric vehicles being separated for the first time. EV's are just under the average with an annual cost of $8,439, But EVs have horrendous depreciation - losing $5,704 on average per year. “Although electric vehicles can have higher up-front costs, lower fuel and maintenance costs make them a surprisingly affordable choice in the long run. For even lower costs, car shoppers can avoid high depreciation costs by selecting a used electric vehicle,” said John Nielsen, AAA’s managing director of Automotive Engineering and Repair in a statement. Source: AAA Press Release is on Page 2 AAA Reveals True Cost of Vehicle Ownership Average new vehicle will cost nearly $8,500 annually to own and operate Owning and operating a new vehicle in 2017 will cost a driver an average of $8,469 annually, or $706 each month, according to a new study from AAA. The annual evaluation of driving costs reveals that small sedans are the least expensive vehicles to drive at $6,354 annually, however small SUVs ($7,606), hybrids ($7,687) and electric vehicles ($8,439) all offer lower-than-average driving costs to U.S. drivers. Conversely, of the nine categories included in the evaluation, pickup trucks are the most expensive vehicles to drive at $10,054 annually. “Determining the cost of a new vehicle car is more than calculating a monthly payment,” cautioned John Nielsen, AAA’s managing director of Automotive Engineering and Repair. “While sales price is certainly a factor, depreciation, maintenance, repair and fuel costs should be equally important considerations for anyone in the market for a new vehicle.” In addition to analyzing the ownership costs for sedans, SUVs and minivans, AAA’s Your Driving Costs study added four new vehicle segments in 2017 – small SUVs, pickup trucks, hybrids and electric vehicles. Vehicle Type Annual Cost* Small Sedan: $6,354 Small SUV: $7,606 Hybrid: $7,687 Medium Sedan: $8,171 Electric Vehicle: $8,439 Large Sedan: $9,399 Medium SUV: $9,451 Pickup Truck: $10,054 Average: $8,469 *Based on 15,000 miles driven annually To estimate the overall cost to own and operate a new vehicle, AAA evaluated 45 2017 model-year vehicles across nine categories and focused on mid-range, top-selling vehicles. AAA’s annual driving cost is based on a sales-weighted average of the individual costs for all of the vehicle types. Key findings include: Depreciation Depreciation — the declining value of a vehicle over time — is the biggest, and most often overlooked, expense associated with purchasing a new car. New vehicles lose an average of $15,000 in value during the first five years of ownership. In 2017, small sedans ($2,114) and small SUVs ($2,840) have the lowest annual depreciation costs, while minivans ($3,839) and electric vehicles ($5,704) are at the high end of the scale. Maintenance and repair To calculate annual maintenance and repair costs, AAA examined factory-recommended maintenance, replacement tires, extended warranty costs and services associated with typical wear-and-tear. New vehicles, on average, will cost a driver $1,186 per year to maintain and repair. The inevitable costs associated with maintenance and repair should be an important consideration for car shoppers, as a recent AAA survey found that one-third of U.S. drivers could not afford an unexpected repair bill. AAA Approved Auto Repair facilities offer free vehicle inspections, AAA member discounts and a 24-month/24,000-mile warranty for AAA members. Visit AAA.com/AutoRepair to find a nearby facility. Fuel Fuel costs vary significantly by vehicle type, ranging from 3.68 cents per mile (electric vehicles) to 13.88 cents per mile (pickup trucks). New vehicle owners, on average, will spend just over 10 cents per mile – about $1,500 annually — to fuel their vehicles. For gasoline-powered vehicles, AAA recommends selecting a TOP TIER gasoline, as its independent research found it to keep engines 19 times cleaner, improving vehicle performance and fuel economy. AAA cautions drivers that using premium-grade gasoline in a vehicle that does not specifically require it is an unnecessary expense. Electric Vehicles New to the Your Driving Costs study in 2017, AAA found that electric vehicles have lower-than-average driving costs at $8,439 per year. Without a gasoline engine to maintain, electric vehicles have the lowest annual maintenance and repair costs, at $982 per year. By relying on electricity instead of gasoline, fuel costs are also significantly lower than average, at under four cents per mile. Depreciation, however, is currently extremely high for these vehicles, losing an average of nearly $6,000 in value every year. A recent AAA survey revealed that 1-in-6 Americans are likely to choose an electric vehicle, the majority motivated by their lower long-term ownership costs. “Although electric vehicles can have higher up-front costs, lower fuel and maintenance costs make them a surprisingly affordable choice in the long run,” said Nielsen. “For even lower costs, car shoppers can avoid high depreciation costs by selecting a used electric vehicle.” View full article
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AAA: Costs of New Cars Total An Average of $8,500 Per Year
William Maley posted an article in Automotive Industry
There are more expenses to owning a new car aside from making a monthly payment. You have gas, maintenance, repairs, and depreciation to worry about. The total cost according to a new study from AAA will depend on the type of vehicle you're driving. AAA's Your Driving Costs study reports that average cost to own and operate a new vehicle in 2017 is $8,469 per year - $706 per month. The study looked at 45 new vehicles from the 2017 model year and evaluated the various costs such as gas and maintenance, but not insurance and monthly payment. When broken down into individual segments, small sedans are the cheapest ($6,354 annually) and trucks are the most expensive ($10,054). This year's Your Driving Costs study saw hybrid and electric vehicles being separated for the first time. EV's are just under the average with an annual cost of $8,439, But EVs have horrendous depreciation - losing $5,704 on average per year. “Although electric vehicles can have higher up-front costs, lower fuel and maintenance costs make them a surprisingly affordable choice in the long run. For even lower costs, car shoppers can avoid high depreciation costs by selecting a used electric vehicle,” said John Nielsen, AAA’s managing director of Automotive Engineering and Repair in a statement. Source: AAA Press Release is on Page 2 AAA Reveals True Cost of Vehicle Ownership Average new vehicle will cost nearly $8,500 annually to own and operate Owning and operating a new vehicle in 2017 will cost a driver an average of $8,469 annually, or $706 each month, according to a new study from AAA. The annual evaluation of driving costs reveals that small sedans are the least expensive vehicles to drive at $6,354 annually, however small SUVs ($7,606), hybrids ($7,687) and electric vehicles ($8,439) all offer lower-than-average driving costs to U.S. drivers. Conversely, of the nine categories included in the evaluation, pickup trucks are the most expensive vehicles to drive at $10,054 annually. “Determining the cost of a new vehicle car is more than calculating a monthly payment,” cautioned John Nielsen, AAA’s managing director of Automotive Engineering and Repair. “While sales price is certainly a factor, depreciation, maintenance, repair and fuel costs should be equally important considerations for anyone in the market for a new vehicle.” In addition to analyzing the ownership costs for sedans, SUVs and minivans, AAA’s Your Driving Costs study added four new vehicle segments in 2017 – small SUVs, pickup trucks, hybrids and electric vehicles. Vehicle Type Annual Cost* Small Sedan: $6,354 Small SUV: $7,606 Hybrid: $7,687 Medium Sedan: $8,171 Electric Vehicle: $8,439 Large Sedan: $9,399 Medium SUV: $9,451 Pickup Truck: $10,054 Average: $8,469 *Based on 15,000 miles driven annually To estimate the overall cost to own and operate a new vehicle, AAA evaluated 45 2017 model-year vehicles across nine categories and focused on mid-range, top-selling vehicles. AAA’s annual driving cost is based on a sales-weighted average of the individual costs for all of the vehicle types. Key findings include: Depreciation Depreciation — the declining value of a vehicle over time — is the biggest, and most often overlooked, expense associated with purchasing a new car. New vehicles lose an average of $15,000 in value during the first five years of ownership. In 2017, small sedans ($2,114) and small SUVs ($2,840) have the lowest annual depreciation costs, while minivans ($3,839) and electric vehicles ($5,704) are at the high end of the scale. Maintenance and repair To calculate annual maintenance and repair costs, AAA examined factory-recommended maintenance, replacement tires, extended warranty costs and services associated with typical wear-and-tear. New vehicles, on average, will cost a driver $1,186 per year to maintain and repair. The inevitable costs associated with maintenance and repair should be an important consideration for car shoppers, as a recent AAA survey found that one-third of U.S. drivers could not afford an unexpected repair bill. AAA Approved Auto Repair facilities offer free vehicle inspections, AAA member discounts and a 24-month/24,000-mile warranty for AAA members. Visit AAA.com/AutoRepair to find a nearby facility. Fuel Fuel costs vary significantly by vehicle type, ranging from 3.68 cents per mile (electric vehicles) to 13.88 cents per mile (pickup trucks). New vehicle owners, on average, will spend just over 10 cents per mile – about $1,500 annually — to fuel their vehicles. For gasoline-powered vehicles, AAA recommends selecting a TOP TIER gasoline, as its independent research found it to keep engines 19 times cleaner, improving vehicle performance and fuel economy. AAA cautions drivers that using premium-grade gasoline in a vehicle that does not specifically require it is an unnecessary expense. Electric Vehicles New to the Your Driving Costs study in 2017, AAA found that electric vehicles have lower-than-average driving costs at $8,439 per year. Without a gasoline engine to maintain, electric vehicles have the lowest annual maintenance and repair costs, at $982 per year. By relying on electricity instead of gasoline, fuel costs are also significantly lower than average, at under four cents per mile. Depreciation, however, is currently extremely high for these vehicles, losing an average of nearly $6,000 in value every year. A recent AAA survey revealed that 1-in-6 Americans are likely to choose an electric vehicle, the majority motivated by their lower long-term ownership costs. “Although electric vehicles can have higher up-front costs, lower fuel and maintenance costs make them a surprisingly affordable choice in the long run,” said Nielsen. “For even lower costs, car shoppers can avoid high depreciation costs by selecting a used electric vehicle.”- 2 comments
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With Porsche building out a lineup of hybrid vehicles, there will be a small minority of people who will ask whether or not there will a manual transmission available. For that small group, we have some bad news. Speaking with Road and Track, Dr. Gernot Döllner who is the VP on the Panamera and worked on the Panamera Hybrid and 918 said offering a manual on a hybrid wouldn't make sense. The reason is that compared to an automatic or dual-clutch transmission, a manual would make a hybrid powertrain less efficient. This mostly relates to the on and off rumors of Porsche adding a hybrid variant of the 911. Porsche's current hybrid lineup are all equipped with a PDK or automatic transmission. Source: Road and Track View full article
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With Porsche building out a lineup of hybrid vehicles, there will be a small minority of people who will ask whether or not there will a manual transmission available. For that small group, we have some bad news. Speaking with Road and Track, Dr. Gernot Döllner who is the VP on the Panamera and worked on the Panamera Hybrid and 918 said offering a manual on a hybrid wouldn't make sense. The reason is that compared to an automatic or dual-clutch transmission, a manual would make a hybrid powertrain less efficient. This mostly relates to the on and off rumors of Porsche adding a hybrid variant of the 911. Porsche's current hybrid lineup are all equipped with a PDK or automatic transmission. Source: Road and Track
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When Mini held a trial period for the Mini E back in 2009 and 2010, there was the thought that Mini was close to launching an electric vehicle. But that did not happen as what was learned from this would be used for the BMW i3. At long last, Mini will be launching an electric vehicle in near future. Before that, the automaker will be previewing the model as a concept at next month's Frankfurt Motor Show. The electric concept looks like a somewhat futuristic version of the current Cooper hardtop model with a streamlined front, handles integrated into the doors, odd looking wheels, and the taillights forming the Union Jack using LEDs. There is no information about the electric powertrain. Hopefully, we learn more when it debuts next month. Source: Mini Press Release is on Page 2 MINI presents pure-electric design study at the IAA: the MINI Electric Concept, complete with iconic design and urban driving fun. Munich, Germany, August 29, 2017. MINI is using the IAA Cars 2017 show in Frankfurt am Main to showcase its take on future personal mobility in the city – in the form of the MINI Electric Concept. Designed for use in urban areas, this concept car offers a window into how pure-electric day-to-day mobility might look in the years ahead. And the MINI Electric Concept also brings the iconic design, city-dwelling heritage and customary go-kart feeling of the MINI brand into the electric mobility age. MINI will present an all-electric series-production model in 2019. “The systematic electrification of the brand and product portfolio is a mainstay of the BMW Group’s NUMBER ONE > NEXT strategy. The MINI Electric Concept offers a thrilling preview of the all-electric production vehicle. MINI and electrification make a perfect match,” remarks Harald Krüger, Chairman of the Board of Management of BMW AG. Urban mobility is ingrained into the MINI brand’s DNA; the city is its natural habitat. Indeed, this environment and the specific demands it places on a car provided the canvas from which the MINI design team brought the MINI Electric Concept to life. The responsive drive system, sublimely judged suspension tuning and use of aerodynamic add-ons produce driving dynamics very much in the MINI mould and a fine operating range. It all comes together to make the MINI Electric Concept a highly attractive, zero-emission solution to the current challenges facing personal mobility in our cities and their surroundings. “With its characteristic go-kart feeling and powerful electric motor, the MINI Electric Concept is great fun to drive while also being completely suitable for everyday use – and producing zero emissions to boot. That’s how we at MINI envisage electric mobility in tomorrow’s world,” says Peter Schwarzenbauer, Member of the Board of Management of BMW AG, responsible for MINI, Rolls-Royce and BMW Motorrad. MINI – blazing a trail for electric mobility at the BMW Group. It has been nearly ten years since MINI took a significant, pioneering step with the MINI E – and laid the foundations at the BMW Group for the development of electric mobility solutions to production readiness. The MINI E unveiled in 2008 was the first all-electric car from the BMW Group to be driven by private users in everyday traffic conditions – as part of an extensive field trial. Over 600 MINI E cars entered service worldwide for the purpose of the field studies. All of them helped to gain vital insights into the use of pure-electric vehicles, and this knowledge was subsequently incorporated into the development of the BMW i3. The MINI E also offered driving fun in spades, thanks to outstanding acceleration and handling. The British premium brand’s first series-production model with a plug-in hybrid drive system was presented in spring 2017 in the shape of the MINI Cooper S E Countryman ALL4. The new model variant enables electric and therefore locally emission-free mobility for the first time. The all-electric MINI Electric Concept represents a seamless continuation of this bloodline. In the future, all electrified products from the MINI brand will be grouped together under the “MINI Electric” banner. Unmistakably MINI – the design. “The MINI Electric Concept is a quintessential MINI – compact, agile, simply the ideal companion for everyday driving. At the same time, it conveys a whole new take on the concept of sportiness,” explains Adrian van Hooydonk, Senior Vice President BMW Group Design. “Indeed, aerodynamics and lightweight design aren’t just important in the world of motor sport; they are also essential factors for maximising electric range. The car’s surfaces have a sense of precision and contemporary clarity about them that lends added impact to the car’s efficient character. Plus, striking accents and vivid contrasts give the exterior that distinctive MINI twist.” A front end brimming with character. A hexagonal radiator grille and circular headlights make the MINI Electric Concept instantly recognisable when viewed from the front. Even from the outside, it is obvious that this car has an electric heart. Identifying features include the vividly contrasting silver and yellow colour scheme reminiscent of the earlier MINI E, as well as the distinctive E badge. Besides this, the radiator grille and headlights have been reinterpreted to reflect the emission-free drive technology under the bonnet. As the electric drive unit requires very little cooling air, the radiator grille is closed for superior aerodynamics. A Striking Yellow accent bar in the grille – with an E badge in the same colour – produces a powerful contrasting effect, which is echoed by the styling of the daytime running lights in the all-LED headlight assemblies. The highly expressive add-on parts in the front apron highlight the dynamic character of the MINI Electric Concept, at the same time as increasing its range with their aerodynamic benefits. The front apron’s simulated “air intakes” are also sealed, yet they still include dark louvres that look like cooling fins and inject some added technical flair. The crisp lines of elements such as the LED headlights and fibreglass structures contrast with the expanse of clear surfaces, and lend the front as a whole a very sophisticated look. Compact and agile – the flanks. The contrasting blend of colours, smooth surfaces and precisely contoured details continues into the MINI Electric Concept’s flanks. Clearly moulded fibreglass add-on parts along the lower edge serve to intensify the car’s snappy proportions. The car’s silhouette is composed of taut, clean-cut surfaces, producing a minimalist impression that exudes efficiency. The elements below the surfaces help to convey a feeling of restrained power and understated athleticism. The paint finish in Reflection Silver – a matt liquid metal colour shade – showcases the surfacing to exceptional effect and thereby focuses the spotlight on the model’s lightweight and sophisticated character. Expressive accents. Material and colour highlights take a light-hearted approach to softening the technical appearance of the car’s flanks, as well other areas of the car. A large yet discreet “E” badge above the front wheel provides another tell-tale sign of the power source. The interplay between matt and high-gloss surfaces within a family of colours results in a progressive look with a puristic and classy feel. Further “MINI E” badges are integrated into the radiator grille and exterior mirror caps. Colour gradients in the accent shade Striking Yellow, incorporated into both the roof and side skirts, add further flourishes. The colour of the roof flows from matt white to high-gloss yellow, while the yellow of the side skirts gains in transparency as it rises, appearing to merge into the body colour. These colour gradients accentuate the concept car’s lightness and modernity. Innovative 3D printing. The design of the dark-coloured 19-inch wheels adds another visual highlight, picking up on the idea of the radiator grille’s accent bar and reinterpreting it in asymmetrical form. The aerodynamic inlays – made using a 3D printing process – echo the fibreglass structure of the air deflectors and inject the wheels with great aesthetic appeal. The recessed louvred surfaces in the simulated air intakes were also produced using a 3D printing method. These two elements emphasise the light and modern character of the MINI Electric Concept, while at the same time illustrating the opportunities offered by 3D printing in terms of producing functional design elements for vehicle styling and customisation . Clarity and dynamism – the rear end. The rear of the concept car also marks it out as a thoroughbred MINI. Its wide stance on the road is striking in a sporty way, without lapsing into excessive flamboyance. The upper section is dominated by clear surfaces, but the rear takes on a far more dynamic aspect as it cascades down. This familiar approach from MINI, where the car’s volume steadily increases from the top down, makes the shoulders appear broad and athletic. The rear light assemblies constitute yet another standout visual feature and provide a clear pointer to the car’s British roots. Framed within the classic MINI outline, they each form one half of the Union Jack as an LED dot matrix. The rear apron features aerodynamic elements similar to those at the front, including air deflectors and a fibreglass diffuser. These reinforce the car’s efficient dynamism on both a visual and functional level. There is also a yellow accent strip that provides a striking colour contrast when the car is viewed from the rear, while simultaneously announcing the presence of an electric drive system. This is further underlined by the absence of exhaust pipes and the dark louvred surfaces in the simulated air outlets. Cutting-edge, pure and dynamic (in an efficient way), the MINI Electric Concept encapsulates MINI’s near-term vision of an all-electric car designed for urban mobility in a changing world. View full article
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When Mini held a trial period for the Mini E back in 2009 and 2010, there was the thought that Mini was close to launching an electric vehicle. But that did not happen as what was learned from this would be used for the BMW i3. At long last, Mini will be launching an electric vehicle in near future. Before that, the automaker will be previewing the model as a concept at next month's Frankfurt Motor Show. The electric concept looks like a somewhat futuristic version of the current Cooper hardtop model with a streamlined front, handles integrated into the doors, odd looking wheels, and the taillights forming the Union Jack using LEDs. There is no information about the electric powertrain. Hopefully, we learn more when it debuts next month. Source: Mini Press Release is on Page 2 MINI presents pure-electric design study at the IAA: the MINI Electric Concept, complete with iconic design and urban driving fun. Munich, Germany, August 29, 2017. MINI is using the IAA Cars 2017 show in Frankfurt am Main to showcase its take on future personal mobility in the city – in the form of the MINI Electric Concept. Designed for use in urban areas, this concept car offers a window into how pure-electric day-to-day mobility might look in the years ahead. And the MINI Electric Concept also brings the iconic design, city-dwelling heritage and customary go-kart feeling of the MINI brand into the electric mobility age. MINI will present an all-electric series-production model in 2019. “The systematic electrification of the brand and product portfolio is a mainstay of the BMW Group’s NUMBER ONE > NEXT strategy. The MINI Electric Concept offers a thrilling preview of the all-electric production vehicle. MINI and electrification make a perfect match,” remarks Harald Krüger, Chairman of the Board of Management of BMW AG. Urban mobility is ingrained into the MINI brand’s DNA; the city is its natural habitat. Indeed, this environment and the specific demands it places on a car provided the canvas from which the MINI design team brought the MINI Electric Concept to life. The responsive drive system, sublimely judged suspension tuning and use of aerodynamic add-ons produce driving dynamics very much in the MINI mould and a fine operating range. It all comes together to make the MINI Electric Concept a highly attractive, zero-emission solution to the current challenges facing personal mobility in our cities and their surroundings. “With its characteristic go-kart feeling and powerful electric motor, the MINI Electric Concept is great fun to drive while also being completely suitable for everyday use – and producing zero emissions to boot. That’s how we at MINI envisage electric mobility in tomorrow’s world,” says Peter Schwarzenbauer, Member of the Board of Management of BMW AG, responsible for MINI, Rolls-Royce and BMW Motorrad. MINI – blazing a trail for electric mobility at the BMW Group. It has been nearly ten years since MINI took a significant, pioneering step with the MINI E – and laid the foundations at the BMW Group for the development of electric mobility solutions to production readiness. The MINI E unveiled in 2008 was the first all-electric car from the BMW Group to be driven by private users in everyday traffic conditions – as part of an extensive field trial. Over 600 MINI E cars entered service worldwide for the purpose of the field studies. All of them helped to gain vital insights into the use of pure-electric vehicles, and this knowledge was subsequently incorporated into the development of the BMW i3. The MINI E also offered driving fun in spades, thanks to outstanding acceleration and handling. The British premium brand’s first series-production model with a plug-in hybrid drive system was presented in spring 2017 in the shape of the MINI Cooper S E Countryman ALL4. The new model variant enables electric and therefore locally emission-free mobility for the first time. The all-electric MINI Electric Concept represents a seamless continuation of this bloodline. In the future, all electrified products from the MINI brand will be grouped together under the “MINI Electric” banner. Unmistakably MINI – the design. “The MINI Electric Concept is a quintessential MINI – compact, agile, simply the ideal companion for everyday driving. At the same time, it conveys a whole new take on the concept of sportiness,” explains Adrian van Hooydonk, Senior Vice President BMW Group Design. “Indeed, aerodynamics and lightweight design aren’t just important in the world of motor sport; they are also essential factors for maximising electric range. The car’s surfaces have a sense of precision and contemporary clarity about them that lends added impact to the car’s efficient character. Plus, striking accents and vivid contrasts give the exterior that distinctive MINI twist.” A front end brimming with character. A hexagonal radiator grille and circular headlights make the MINI Electric Concept instantly recognisable when viewed from the front. Even from the outside, it is obvious that this car has an electric heart. Identifying features include the vividly contrasting silver and yellow colour scheme reminiscent of the earlier MINI E, as well as the distinctive E badge. Besides this, the radiator grille and headlights have been reinterpreted to reflect the emission-free drive technology under the bonnet. As the electric drive unit requires very little cooling air, the radiator grille is closed for superior aerodynamics. A Striking Yellow accent bar in the grille – with an E badge in the same colour – produces a powerful contrasting effect, which is echoed by the styling of the daytime running lights in the all-LED headlight assemblies. The highly expressive add-on parts in the front apron highlight the dynamic character of the MINI Electric Concept, at the same time as increasing its range with their aerodynamic benefits. The front apron’s simulated “air intakes” are also sealed, yet they still include dark louvres that look like cooling fins and inject some added technical flair. The crisp lines of elements such as the LED headlights and fibreglass structures contrast with the expanse of clear surfaces, and lend the front as a whole a very sophisticated look. Compact and agile – the flanks. The contrasting blend of colours, smooth surfaces and precisely contoured details continues into the MINI Electric Concept’s flanks. Clearly moulded fibreglass add-on parts along the lower edge serve to intensify the car’s snappy proportions. The car’s silhouette is composed of taut, clean-cut surfaces, producing a minimalist impression that exudes efficiency. The elements below the surfaces help to convey a feeling of restrained power and understated athleticism. The paint finish in Reflection Silver – a matt liquid metal colour shade – showcases the surfacing to exceptional effect and thereby focuses the spotlight on the model’s lightweight and sophisticated character. Expressive accents. Material and colour highlights take a light-hearted approach to softening the technical appearance of the car’s flanks, as well other areas of the car. A large yet discreet “E” badge above the front wheel provides another tell-tale sign of the power source. The interplay between matt and high-gloss surfaces within a family of colours results in a progressive look with a puristic and classy feel. Further “MINI E” badges are integrated into the radiator grille and exterior mirror caps. Colour gradients in the accent shade Striking Yellow, incorporated into both the roof and side skirts, add further flourishes. The colour of the roof flows from matt white to high-gloss yellow, while the yellow of the side skirts gains in transparency as it rises, appearing to merge into the body colour. These colour gradients accentuate the concept car’s lightness and modernity. Innovative 3D printing. The design of the dark-coloured 19-inch wheels adds another visual highlight, picking up on the idea of the radiator grille’s accent bar and reinterpreting it in asymmetrical form. The aerodynamic inlays – made using a 3D printing process – echo the fibreglass structure of the air deflectors and inject the wheels with great aesthetic appeal. The recessed louvred surfaces in the simulated air intakes were also produced using a 3D printing method. These two elements emphasise the light and modern character of the MINI Electric Concept, while at the same time illustrating the opportunities offered by 3D printing in terms of producing functional design elements for vehicle styling and customisation . Clarity and dynamism – the rear end. The rear of the concept car also marks it out as a thoroughbred MINI. Its wide stance on the road is striking in a sporty way, without lapsing into excessive flamboyance. The upper section is dominated by clear surfaces, but the rear takes on a far more dynamic aspect as it cascades down. This familiar approach from MINI, where the car’s volume steadily increases from the top down, makes the shoulders appear broad and athletic. The rear light assemblies constitute yet another standout visual feature and provide a clear pointer to the car’s British roots. Framed within the classic MINI outline, they each form one half of the Union Jack as an LED dot matrix. The rear apron features aerodynamic elements similar to those at the front, including air deflectors and a fibreglass diffuser. These reinforce the car’s efficient dynamism on both a visual and functional level. There is also a yellow accent strip that provides a striking colour contrast when the car is viewed from the rear, while simultaneously announcing the presence of an electric drive system. This is further underlined by the absence of exhaust pipes and the dark louvred surfaces in the simulated air outlets. Cutting-edge, pure and dynamic (in an efficient way), the MINI Electric Concept encapsulates MINI’s near-term vision of an all-electric car designed for urban mobility in a changing world.
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From the album: Mini Electric Concept
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From the album: Mini Electric Concept
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From the album: Mini Electric Concept
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From the album: Mini Electric Concept
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From the album: Mini Electric Concept