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Showing results for tags 'March 2016'.
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Jaguar Land Rover North America - Up 28.8% (10,866 Vehicles Sold This Month, 25,802 Vehicles Sold So Far This Year) Volvo Cars of North America, LLC - Up 15.9% (6,857 Vehicles Sold This Month, 16,361 Vehicles Sold So Far This Year) Mitsubishi Motors North America - Up 13.5% (11,078 Vehicles Sold This Month, 25,212 Vehicles Sold So Far This Year) Nissan North America - Up 12.7% (163,559 Vehicles Sold This Month, 400,204 Vehicles Sold So Far This Year) Audi of America - Up 9.5% (4,251 Vehicles Sold This Month, 11,331 Vehicles Sold So Far This Year) American Honda Motor Co. - Up 9.4% (138,221 Vehicles Sold This Month, 357,703 Vehicles Sold So Far This Year) FCA US LLC - Up 8% (213,187 Vehicles Sold This Month, 551,103 Vehicles Sold So Far This Year) Ford Motor Company - Up 8% (254,711 Vehicles Sold This Month, 645,626 Vehicles Sold So Far This Year) General Motors Co. - Up 0.9% (252,128 Vehicles Sold This Month, 683,698 Vehicles Sold So Far This Year) Porsche Cars North America, Inc. - Up 0.7% (4,323 Vehicles Sold This Month, 12,238 Vehicles Sold So Far This Year) Hyundai Motor America - Up 0.4% (75,310 Vehicles Sold This Month, 173,330 Vehicles Sold So Far This Year) Subaru of America, Inc. - Up 0.4% (49,285 Vehicles Sold This Month, 132,397 Vehicles Sold So Far This Year) Maserati North America, Inc. - Up 0.1% (997 Vehicles Sold This Month, 2,250 Vehicles Sold So Far This Year) Kia Motors America - Down 0.8% (58,279 Vehicles Sold This Month, 146,321 Vehicles Sold So Far This Year) Toyota Motor Sales - Down 2.7% (219,842 Vehicles Sold This Month, 569,079 Vehicles Sold So Far This Year) Mercedes-Benz USA - Down 3.6% (31,715 Vehicles Sold This Month, 683,698 Vehicles Sold So Far This Year) Volkswagen of America - Down 12.53% (26,914 Vehicles Sold This Month, 69,314 Vehicles Sold So Far This Year) BMW Group U.S. - Down 13.3% (34,795 Vehicles Sold This Month, 81,452 Vehicles Sold So Far This Year) Mazda North American Operations - Down 27.2% (23,396 Vehicles Sold This Month, 64,643 Vehicles Sold So Far This Year) Brands: Acura - Up 1.2% (14,852 Vehicles Sold This Month, 37,875 Vehicles Sold So Far This Year) Alfa Romeo - N/A (53 Vehicles Sold This Month, 169 Vehicles Sold So Far This Year) Audi - Up 9.5% (4,251 Vehicles Sold This Month, 11,331 Vehicles Sold So Far This Year) BMW - Down 12.5% (30,033 Vehicles Sold This Month, 70,613 Vehicles Sold So Far This Year) Buick - Down 11.3% (18,207 Vehicles Sold This Month, 54,287 Vehicles Sold So Far This Year) Cadillac - Down 5.1% (13,053 Vehicles Sold This Month, 35,633 Vehicles Sold So Far This Year) Chevrolet - Up 1.4% (176,283 Vehicles Sold This Month, 472,730 Vehicles Sold So Far This Year) Chrysler - Down 13% (26,236 Vehicles Sold This Month, 65,506 Vehicles Sold So Far This Year) Dodge - Up 11% (51,149 Vehicles Sold This Month, 140,509 Vehicles Sold So Far This Year) Fiat - Down 24% (3,422 Vehicles Sold This Month, 9,009 Vehicles Sold So Far This Year) Ford - Up 7.8% (245,022 Vehicles Sold This Month, 620,721 Vehicles Sold So Far This Year) GMC - Up 6.9% (44,585 Vehicles Sold This Month, 121,048 Vehicles Sold So Far This Year) Honda - Up 10.5% (123,369 Vehicles Sold This Month, 319,828 Vehicles Sold So Far This Year) Hyundai - Up 0.4% (75,310 Vehicles Sold This Month, 173,330 Vehicles Sold So Far This Year) Infiniti - Up 10% (13,775 Vehicles Sold This Month, 32,660 Vehicles Sold So Far This Year) Jaguar - Up 28.5% (2,133 Vehicles Sold This Month, 4,997 Vehicles Sold So Far This Year) Jeep - Up 15% (82,337 Vehicles Sold This Month, 209,597 Vehicles Sold So Far This Year) Kia - Down 0.8% (58,279 Vehicles Sold This Month, 146,321 Vehicles Sold So Far This Year) Land Rover - Up 28.8% (8,733 Vehicles Sold This Month, 20,805 Vehicles Sold So Far This Year) Lexus - Down 2.8% (30,198 Vehicles Sold This Month, 74,221 Vehicles Sold So Far This Year) Lincoln - Up 11.4% (9,698 Vehicles Sold This Month, 24,905 Vehicles Sold So Far This Year) Maserati - Up 0.1% (997 Vehicles Sold This Month, 2,250 Vehicles Sold So Far This Year) Mazda - Down 27.2% (23,396 Vehicles Sold This Month, 64,643 Vehicles Sold So Far This Year) Mercedes-Benz - Down 5.9% (28,164 Vehicles Sold This Month, 75,769 Vehicles Sold So Far This Year) MINI - Down 18.3% (4,762 Vehicles Sold This Month, 10,839 Vehicles Sold So Far This Year) Mitsubishi - Up 13.5% (11,078 Vehicles Sold This Month, 25,212 Vehicles Sold So Far This Year) Nissan - Up 13% (148,784 Vehicles Sold This Month, 367,544 Vehicles Sold So Far This Year) Porsche - Up 0.7% (4,323 Vehicles Sold This Month, 12,238 Vehicles Sold So Far This Year) Ram - Up 11% (49,990 Vehicles Sold This Month, 126,313 Vehicles Sold So Far This Year) Smart - Down 17.8% (479 Vehicles Sold This Month, 1,300 Vehicles Sold So Far This Year) Sprinter Vans - Up 29.1% (3,072 Vehicles Sold This Month, 7,240 Vehicles Sold So Far This Year) Subaru - Up 0.4% (49,285 Vehicles Sold This Month, 132,397 Vehicles Sold So Far This Year) Toyota - Down 2.7% (189,644 Vehicles Sold This Month, 494,858 Vehicles Sold So Far This Year) Volkswagen - Down 12.53% (26,914 Vehicles Sold This Month, 69,314 Vehicles Sold So Far This Year) Volvo - Up 15.9% (6,857 Vehicles Sold This Month, 16,361 Vehicles Sold So Far This Year) View full article
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Jaguar Land Rover North America - Up 28.8% (10,866 Vehicles Sold This Month, 25,802 Vehicles Sold So Far This Year) Volvo Cars of North America, LLC - Up 15.9% (6,857 Vehicles Sold This Month, 16,361 Vehicles Sold So Far This Year) Mitsubishi Motors North America - Up 13.5% (11,078 Vehicles Sold This Month, 25,212 Vehicles Sold So Far This Year) Nissan North America - Up 12.7% (163,559 Vehicles Sold This Month, 400,204 Vehicles Sold So Far This Year) Audi of America - Up 9.5% (4,251 Vehicles Sold This Month, 11,331 Vehicles Sold So Far This Year) American Honda Motor Co. - Up 9.4% (138,221 Vehicles Sold This Month, 357,703 Vehicles Sold So Far This Year) FCA US LLC - Up 8% (213,187 Vehicles Sold This Month, 551,103 Vehicles Sold So Far This Year) Ford Motor Company - Up 8% (254,711 Vehicles Sold This Month, 645,626 Vehicles Sold So Far This Year) General Motors Co. - Up 0.9% (252,128 Vehicles Sold This Month, 683,698 Vehicles Sold So Far This Year) Porsche Cars North America, Inc. - Up 0.7% (4,323 Vehicles Sold This Month, 12,238 Vehicles Sold So Far This Year) Hyundai Motor America - Up 0.4% (75,310 Vehicles Sold This Month, 173,330 Vehicles Sold So Far This Year) Subaru of America, Inc. - Up 0.4% (49,285 Vehicles Sold This Month, 132,397 Vehicles Sold So Far This Year) Maserati North America, Inc. - Up 0.1% (997 Vehicles Sold This Month, 2,250 Vehicles Sold So Far This Year) Kia Motors America - Down 0.8% (58,279 Vehicles Sold This Month, 146,321 Vehicles Sold So Far This Year) Toyota Motor Sales - Down 2.7% (219,842 Vehicles Sold This Month, 569,079 Vehicles Sold So Far This Year) Mercedes-Benz USA - Down 3.6% (31,715 Vehicles Sold This Month, 683,698 Vehicles Sold So Far This Year) Volkswagen of America - Down 12.53% (26,914 Vehicles Sold This Month, 69,314 Vehicles Sold So Far This Year) BMW Group U.S. - Down 13.3% (34,795 Vehicles Sold This Month, 81,452 Vehicles Sold So Far This Year) Mazda North American Operations - Down 27.2% (23,396 Vehicles Sold This Month, 64,643 Vehicles Sold So Far This Year) Brands: Acura - Up 1.2% (14,852 Vehicles Sold This Month, 37,875 Vehicles Sold So Far This Year) Alfa Romeo - N/A (53 Vehicles Sold This Month, 169 Vehicles Sold So Far This Year) Audi - Up 9.5% (4,251 Vehicles Sold This Month, 11,331 Vehicles Sold So Far This Year) BMW - Down 12.5% (30,033 Vehicles Sold This Month, 70,613 Vehicles Sold So Far This Year) Buick - Down 11.3% (18,207 Vehicles Sold This Month, 54,287 Vehicles Sold So Far This Year) Cadillac - Down 5.1% (13,053 Vehicles Sold This Month, 35,633 Vehicles Sold So Far This Year) Chevrolet - Up 1.4% (176,283 Vehicles Sold This Month, 472,730 Vehicles Sold So Far This Year) Chrysler - Down 13% (26,236 Vehicles Sold This Month, 65,506 Vehicles Sold So Far This Year) Dodge - Up 11% (51,149 Vehicles Sold This Month, 140,509 Vehicles Sold So Far This Year) Fiat - Down 24% (3,422 Vehicles Sold This Month, 9,009 Vehicles Sold So Far This Year) Ford - Up 7.8% (245,022 Vehicles Sold This Month, 620,721 Vehicles Sold So Far This Year) GMC - Up 6.9% (44,585 Vehicles Sold This Month, 121,048 Vehicles Sold So Far This Year) Honda - Up 10.5% (123,369 Vehicles Sold This Month, 319,828 Vehicles Sold So Far This Year) Hyundai - Up 0.4% (75,310 Vehicles Sold This Month, 173,330 Vehicles Sold So Far This Year) Infiniti - Up 10% (13,775 Vehicles Sold This Month, 32,660 Vehicles Sold So Far This Year) Jaguar - Up 28.5% (2,133 Vehicles Sold This Month, 4,997 Vehicles Sold So Far This Year) Jeep - Up 15% (82,337 Vehicles Sold This Month, 209,597 Vehicles Sold So Far This Year) Kia - Down 0.8% (58,279 Vehicles Sold This Month, 146,321 Vehicles Sold So Far This Year) Land Rover - Up 28.8% (8,733 Vehicles Sold This Month, 20,805 Vehicles Sold So Far This Year) Lexus - Down 2.8% (30,198 Vehicles Sold This Month, 74,221 Vehicles Sold So Far This Year) Lincoln - Up 11.4% (9,698 Vehicles Sold This Month, 24,905 Vehicles Sold So Far This Year) Maserati - Up 0.1% (997 Vehicles Sold This Month, 2,250 Vehicles Sold So Far This Year) Mazda - Down 27.2% (23,396 Vehicles Sold This Month, 64,643 Vehicles Sold So Far This Year) Mercedes-Benz - Down 5.9% (28,164 Vehicles Sold This Month, 75,769 Vehicles Sold So Far This Year) MINI - Down 18.3% (4,762 Vehicles Sold This Month, 10,839 Vehicles Sold So Far This Year) Mitsubishi - Up 13.5% (11,078 Vehicles Sold This Month, 25,212 Vehicles Sold So Far This Year) Nissan - Up 13% (148,784 Vehicles Sold This Month, 367,544 Vehicles Sold So Far This Year) Porsche - Up 0.7% (4,323 Vehicles Sold This Month, 12,238 Vehicles Sold So Far This Year) Ram - Up 11% (49,990 Vehicles Sold This Month, 126,313 Vehicles Sold So Far This Year) Smart - Down 17.8% (479 Vehicles Sold This Month, 1,300 Vehicles Sold So Far This Year) Sprinter Vans - Up 29.1% (3,072 Vehicles Sold This Month, 7,240 Vehicles Sold So Far This Year) Subaru - Up 0.4% (49,285 Vehicles Sold This Month, 132,397 Vehicles Sold So Far This Year) Toyota - Down 2.7% (189,644 Vehicles Sold This Month, 494,858 Vehicles Sold So Far This Year) Volkswagen - Down 12.53% (26,914 Vehicles Sold This Month, 69,314 Vehicles Sold So Far This Year) Volvo - Up 15.9% (6,857 Vehicles Sold This Month, 16,361 Vehicles Sold So Far This Year) -
Mercedes-Benz USA Reports March Sales Of 28,164 Units ATLANTA, April 1, 2016 /PRNewswire/ -- Mercedes-Benz USA (MBUSA) today reported March sales of 28,164, which closes the first-quarter at 75,769, down 3% from last year. Smart contributed 479 units, and Vans reported a best-ever March with 3,072, up 29.1% from the same time last year. MBUSA total sales were 31,715 for March. "We had a strong first-quarter, laying the foundation for a minimum of nine new model launches in the months ahead," said Dietmar Exler, president and CEO of MBUSA. "We are expecting yet another record year on the strength of our product portfolio." Mercedes-Benz volume leaders in March included the C-Class, GLC and GLE model lines. The C-Class took the lead at 6,658, followed by the new GLC sales of 4,871. The new GLE rounded out the top three with 4,730 units sold. Mercedes-AMG high-performance models sold 1,857 units in March, up 60.2% from last year (1,159), while the brand's BlueTEC diesel lineup finished the month at 310. Separately, Mercedes-Benz Certified Pre-Owned (MBCPO) models recorded sales of 9,380, up 2.4% from the 9,163 units sold the same month last year. On a year-to-date basis, MBCPO sold 29,303 vehicles, an increase of 3%. MERCEDES-BENZ USA Sales -- March 2016 Mercedes-Benz Passenger Vehicles Mar-16 Mar-15 Monthly % YTD 2016 YTD 2015 Yearly % B-CLASS 66 145 -54.5% 161 494 -67.4% CLA 2,242 3,129 -28.3% 6,884 8,226 -16.3% C-CLASS 6,658 7,635 -12.8% 17,839 20,943 -14.8% E-CLASS/CLS 4,095 5,036 -18.7% 9,585 12,530 -23.5% S-CLASS 1,332 2,098 -36.5% 4,167 5,096 -18.2% SLK 314 343 -8.5% 850 817 4.0% SL 304 403 -24.6% 887 1,044 -15.0% AMG GT 140 - - 360 - - *SLS AMG - 8 - 1 16 - GLA 2,205 1,918 15.0% 6,843 5,669 20.7% GLC/GLK 4,871 2,478 96.6% 10,998 5,657 94.4% GLE/M-CLASS 4,730 4,023 17.6% 12,341 10,483 17.7% GL 858 2,365 -63.7% 3,880 6,335 -38.8% G-CLASS 349 340 2.6% 973 846 15.0% TOTAL 28,164 29,921 -5.9% 75,769 78,156 -3.1% Vans1 3,072 2,379 29.1% 7,240 5,559 30.2% smart 479 583 -17.8% 1,300 1,533 -15.2% MBUSA Combined Total Mar-16 Mar-15 Monthly % YTD 2016 YTD 2015 Yearly % GRAND TOTAL 31,715 32,883 -3.6% 84,309 85,248 -1.1% 1Mercedes-Benz, Freightliner Sprinter and Metris Vans are sold and marketed in the U.S. by Mercedes-Benz USA and Daimler Vans USA, respectively. *out of production
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American Honda Reports March Auto Sales Increase: Trucks Set New March Record While Sedans Post Major Gains Trucks and sedans push American Honda to robust March sales of 138,221 units, a gain of 9.4 percent for the month American Honda trucks set new sales record, climbing 5.7 percent on sales of 64,453 New Honda Civic sets new March sales record, jumping 21.8 percent while Accord gains 17.3 percent RDX leads Acura trucks, setting new March record with 34 percent gain Acura TLX performance sedan climbs 9.9 percent in March TORRANCE, Calif., April 1, 2016 /PRNewswire/ -- American Honda Motor Co., Inc. today reported March sales of 138,221 Honda and Acura vehicles, an increase of 9.4 percent for the month. AHM trucks set a new March benchmark, gaining 5.7 percent on sales of 64,453 units. Honda Division sales were up 10.5 percent with 123,369 units sold in March; Honda car sales reached 68,314, up 13.7 percent, while truck sales totaled 55,055, a 6.9 percent gain for the month. Acura sales totaled 14,852 in March, gaining 1.2 percent. Acura sedans were up 4.8 percent on sales of 5,454 while Acura trucks reached 9,398 sales for the month. Honda Continuing to buck U.S. sales trends with its core sedans—Civic and Accord—Honda sales easily moved past the previous March total with a record setting performance from Civic, backed by strong performances from Accord and HR-V. Core truck models CR-V, Pilot and Odyssey, maintained strong demand. With sales records set in each of the past three months, the Civic Sedan is dominating the compact car segment with essentially one body style as production of the newly on-sale Civic Coupe ramps up. Civic sales jumped 21.8 percent to a new March record of 32,855. Accord continued to demonstrate incredible market strength with an increase of 17.3 percent in March, with 30,523 units sold—focused on sales to individual customers. With production at the Celaya plant in Mexico focused primarily on HR-V, sales of the Honda gateway truck model topped 6,300 units in March. "The power of Honda's well-balanced portfolio was on full display in March," said Jeff Conrad, senior vice president and general manager of the Honda Division. "Importantly, we will continue to strengthen both our car and truck lineups throughout the year, with new core and niche products to further extend the brand's appeal." Acura Acura enjoyed a balanced sales month, with the refreshed RDX SUV posting a remarkable 34 percent gain so set a new March record to lead the brand's sales gains, while Acura performance sedans maintained strong sales despite a luxury sedan market where competitors are relying heavily upon fleet sales and incentives. RDX showed renewed sales strength in March, leading Acura truck sales with a 34 percent gain on sales of 5,310 units. TLX continued to hold a strong sales position near the top of the mid-luxury sedan segment with 3,768 units sold in March, rising 9.9 percent despite aggressive competitor sales tactics. "Acura posted a solid month even as we gained fresh momentum from the New York Auto Show debuts of the 2017 MDX and NSX GT3 racecar," said Jon Ikeda, vice president and general manager of the Acura division. "Our entire Acura team is excited by the market reaction to our new design direction and the preparation for delivery of the first all-new NSX." American Honda Vehicle Sales for March 2016 Month-to-Date Year-to-Date March 2016 March 2015 DSR** % Change MoM % Change March 2016 March 2015 DSR** % Change YoY % Change American Honda Total 138,221 126,293 1.3% 9.4% 357,703 333,943 7.1% 7.1% Total Car Sales 73,768 65,310 4.6% 13.0% 190,100 168,594 12.8% 12.8% Total Truck Sales 64,453 60,983 -2.1% 5.7% 167,603 165,349 1.4% 1.4% Honda Total Car Sales 68,314 60,107 5.2% 13.7% 176,393 154,730 14.0% 14.0% Honda Total Truck Sales 55,055 51,516 -1.0% 6.9% 143,435 139,569 2.8% 2.8% Acura Total Car Sales 5,454 5,203 -2.9% 4.8% 13,707 13,864 -1.1% -1.1% Acura Total Truck Sales 9,398 9,467 -8.1% -0.7% 24,168 25,780 -6.3% -6.3% Total Domestic Car Sales 69,038 64,609 -1.1% 6.9% 178,977 166,673 7.4% 7.4% Honda Division 63,716 59,609 -1.0% 6.9% 165,603 153,371 8.0% 8.0% Acura Division 5,322 5,000 -1.4% 6.4% 13,374 13,302 0.5% 0.5% Total Domestic Truck Sales 64,453 60,978 -2.1% 5.7% 167,603 165,344 1.4% 1.4% Honda Division 55,055 51,511 -1.0% 6.9% 143,435 139,564 2.8% 2.8% Acura Division 9,398 9,467 -8.1% -0.7% 24,168 25,780 -6.3% -6.3% Total Import Car Sales 4,730 701 524.8% 574.8% 11,123 1,921 479.0% 479.0% Honda Division 4,598 498 754.9% 823.3% 10,790 1,359 694.0% 694.0% Acura Division 132 203 -39.8% -35.0% 333 562 -40.7% -40.7% Total Import Truck Sales 0 5 -100.0% -100.0% 0 5 -100.0% -100.0% Honda Division 0 5 -100.0% -100.0% 0 5 -100.0% -100.0% Acura Division 0 0 0.0% 0.0% 0 0 0.0% 0.0% MODEL BREAKOUT BY DIVISION Honda Division Total 123,369 111,623 2.3% 10.5% 319,828 294,299 8.7% 8.7% * ACCORD 30,523 26,018 8.6% 17.3% 77,073 68,645 12.3% 12.3% * CIVIC 32,855 26,985 12.7% 21.8% 87,303 66,722 30.8% 30.8% CR-Z 163 255 -40.8% -36.1% 483 626 -22.8% -22.8% * FIT 4,771 6,640 -33.5% -28.1% 11,513 18,094 -36.4% -36.4% INSIGHT 2 209 -99.1% -99.0% 21 643 -96.7% -96.7% CROSSTOUR 110 742 -86.3% -85.2% 566 2,046 -72.3% -72.3% * CR-V 26,730 27,618 -10.4% -3.2% 71,188 73,127 -2.7% -2.7% HR-V 6,398 0 0.0% 0.0% 15,515 0 0.0% 0.0% ODYSSEY 11,224 11,142 -6.7% 0.7% 27,439 27,088 1.3% 1.3% PILOT 10,593 11,937 -17.8% -11.3% 28,726 36,881 -22.1% -22.1% RIDGELINE 0 77 -100.0% -100.0% 1 427 -99.8% -99.8% *** Memo: Accord FHEV 51 948 -95.0% -94.6% 190 2,585 -92.6% -92.6% Memo: Accord PHEV 0 5 -100.0% -100.0% 0 45 -100.0% -100.0% Memo: Civic Hybrid 166 351 -56.2% -52.7% 470 1,029 -54.3% -54.3% Memo: Fit EV 0 1 -100.0% -100.0% 0 1 -100.0% -100.0% Acura Division Total 14,852 14,670 -6.3% 1.2% 37,875 39,644 -4.5% -4.5% ILX 1,554 1,554 -7.4% 0.0% 4,287 3,505 22.3% 22.3% RLX / RL 130 194 -38.0% -33.0% 331 543 -39.0% -39.0% TL 0 16 -100.0% -100.0% 0 56 -100.0% -100.0% TLX 3,768 3,430 1.7% 9.9% 9,087 9,741 -6.7% -6.7% TSX 2 9 -79.4% -77.8% 2 19 -89.5% -89.5% MDX 4,088 5,503 -31.2% -25.7% 11,956 14,437 -17.2% -17.2% RDX 5,310 3,963 24.1% 34.0% 12,212 11,342 7.7% 7.7% ZDX 0 1 -100.0% -100.0% 0 1 -100.0% -100.0% *** Memo: ILX Hybrid 0 4 -100.0% -100.0% 0 12 -100.0% -100.0% Memo: RLX Hybrid 19 18 -2.3% 5.6% 49 53 -7.5% -7.5% Memo: TSX Wagon 0 0 0.0% 0.0% 0 1 -100.0% -100.0% Selling Days 27 25 75 75 **** Hybrid 401 1,790 -79.3% -77.6% 1,213 4,993 -75.7% -75.7%
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Chevrolet and GMC Make GM the Hottest Retail Automaker in the Industry GM’s retail market share increased one percentage point in the first quarter of 2016 to an estimated 16.4 percent Chevrolet’s hot hand continues: March retail sales up 7 percent year over year; first quarter retail share up about one percentage point Best March retail sales for GMC since 2005, up 13 percent Best first quarter retail sales for Buick since 2004 Rental deliveries down 14,000 units year over year, or 33 percent Commercial deliveries up for 29th consecutive month DETROIT – General Motors (NYSE: GM) delivered 193,524 vehicles in March to individual or “retail” customers, up 6 percent year over year, driven by a 7 percent increase at Chevrolet and a 13 percent increase at GMC. The strong performance of these two brands has helped GM grow retail deliveries every month since April 2015. Despite significant reductions in daily rental units, total sales were up one percent. GM’s first quarter sales results versus a year ago underscore the company’s momentum: Retail deliveries were up 7 percent, with cars up 14 percent and trucks up 8 percent; total sales were equal to a year ago Retail market share was up a full percentage point Commercial deliveries were up 9 percent and have increased year over year for 29 consecutive months Sales to Government customers were up 23 percent Daily rental sales were down approximately 43,000 units year over year, or about 36 percent Chevrolet has been the main engine of growth. The brand’s retail sales were up 10 percent in the first quarter versus a year ago, and its retail market share was up full point year over year to an estimated 11 percent. “The strong retail and Commercial sales GM has been delivering are the result of a multi-year strategy to strengthen our brands, attract new customers and grow profitably,” said Kurt McNeil, U.S. vice president of Sales Operations. “We are growing retail sales faster than the industry, and we are doing it with disciplined incentives and inventories, and lower rental deliveries. Our business is very healthy, and we are going to manage it with conviction to keep it that way.” GM North America President Alan Batey discussed how GM is growing its retail sales and bucking industry trends around fleet sales, incentives and inventories at a March 23 investor conference hosted by Bank of America/Merrill Lynch. Among the highlights: GM’s focus on higher margin retail and Commercial sales is enabled by strategic reductions in daily rental deliveries, which will continue through 2016. GM is able to maintain Average Transaction Prices (ATP) above the industry average thanks to disciplined incentive spending, smart product bets in the car and crossover segments, and the industry’s most successful truck strategy. Well-managed inventory levels support disciplined incentive spending. GM’s customer loyalty rates have surpassed pre-recession levels. These strategies will help GM make the most of today’s strong – and sustainable – industry: “The underlying strength of the U.S. economy is very positive for auto sales,” said Mustafa Mohatarem, GM’s chief economist. “We expect historically low interest rates, strong employment, rising wages and stable fuel prices to continue for the foreseeable future. The Fed’s decision to delay interest rate hikes should extend the current sales cycle, and allow the auto industry to continue to lead the overall U.S. economic recovery, as it has throughout the current cycle.” March Retail Sales Highlights vs. 2015 (except as noted) Chevrolet Car sales were up 8 percent led by the all-new Malibu, which was up 65 percent, along with the Camaro up 23 percent, the Spark up 4 percent and the Volt up 202 percent. The Malibu had its best first quarter since 1980, and approximately 85 percent of sales in March were the all-new model, which is the fastest-selling car in its segment with a “days-to-turn” of 24 days. Truck sales were up 6 percent, with the Colorado up 44 percent, the Suburban up 54 percent, Tahoe up 29 percent and Silverado up 2 percent. The Suburban had its best March sales since 2008, and the Colorado had its best March since 2005. In the crossover market, the Trax was up 39 percent and the Traverse was up 12 percent. GMC The brand had its best March since 2005, with sales up 13 percent. The Yukon and Yukon XL had their best March since 2008, up 31 percent and 22 percent, respectively. Canyon was up 15 percent and the Sierra was up 27 percent. Buick The brand had its best first quarter sales since 2004, up 9 percent, driven by the Regal and Encore. The all-new Cascada convertible is exceeding expectations with more than 800 deliveries in March, its first full month on sale. Encore deliveries were up 28 percent in March, driving the crossover’s 27th consecutive month of year-over-year retail sales growth. The vehicle now accounts for more than one-third of Buick deliveries. Buick had its highest-ever conquest sales in March, at 46 percent of sales. Cadillac Escalade deliveries were up 12 percent. The first-ever CT6 is now arriving in dealer showrooms. Cadillac ATPs were the highest in its competitive set, at approximately $55,000, up about $1,700. Average Transaction Prices (ATP)/Incentives (J.D. Power PIN estimates) GM’s ATPs, which reflect retail transaction prices after sales incentives, were $35,800 in March, up more than $1,500 from February and about $5,000 above the industry average. GM’s incentive spending as a percentage of ATPs was 10.0 percent in March, well below domestic competitors and the industry average of 10.8 percent. Fleet and Commercial GM’s fleet mix in March was approximately 23 percent of total sales, in line with the company’s full-year guidance of 20 percent. Commercial sales grew 13 percent, Government sales were up 55 percent and daily rental deliveries were down 33 percent. GM’s daily rental mix of total sales was 11 percent. Industry Sales GM estimates that the seasonally adjusted annual selling rate (SAAR) for light vehicles in March was 17.1 million units. Through the first quarter, GM estimates the light vehicle SAAR was 17.4 million units.
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We knew it was coming, it was just a matter of when. In March, Volkswagen will end production of the current Phaeton at the Dresden plant. A pet project of former Chairman Ferdinand Piëch, the Phaeton never gained traction in the luxury flagship market for over a decade. Last year, Volkswagen only built 4,000 Phaetons. Volkswagen will bring back the Phaeton nameplate in 2020 for a fully electric luxury sedan. As for the Dresden plant where the Phaeton is built, it will be renovated to build an upcoming electric vehicle. Carsten Krebs, a spokesman at the factory tells Bloomberg that the renovation will take about year to complete. Source: Bloomberg View full article -
Volkswagen To End Production Of Current Phaeton Next March
William Maley posted an article in Volkswagen
We knew it was coming, it was just a matter of when. In March, Volkswagen will end production of the current Phaeton at the Dresden plant. A pet project of former Chairman Ferdinand Piëch, the Phaeton never gained traction in the luxury flagship market for over a decade. Last year, Volkswagen only built 4,000 Phaetons. Volkswagen will bring back the Phaeton nameplate in 2020 for a fully electric luxury sedan. As for the Dresden plant where the Phaeton is built, it will be renovated to build an upcoming electric vehicle. Carsten Krebs, a spokesman at the factory tells Bloomberg that the renovation will take about year to complete. Source: Bloomberg -
2016 Cadillac CT6 To Arrive At Dealers In March, Start At $54,990
William Maley posted an article in Cadillac
Cadillac has announced some details of their upcoming flagship sedan today. The 2016 CT6 will arrive at dealers in March with a starting pricetag of $54,990 (includes a $995 destination charge) for the base 2.0L turbo-four and climb to $84,460 for the top of the line Platinum trim. At launch, Cadillac will offer three different engines. The base will be the 272 horsepower, 2.0L turbo-four paired with rear-wheel drive. Next will be a 3.6L V6 with 335 horsepower and all-wheel drive. Finally, there is the twin-turbo 3.0L V6 with 400 horsepower and all-wheel drive. Details on the CT6 Plug-In Hybrid will be revealed at a later date. Cadillac has filled the CT6 with a a large amount of standard equipment such as full-LED exterior lighting, 14-way driver and passenger seats, an 8.0-inch digital display for the instrument cluster, 10.2-inch touchscreen with navigation, and OnStar 4G LTE. Source: Cadillac You can also view the original article on the Cadillac CT6 plus pictures of the CT6 from the 2015 New York International Auto Show Press Release is on Page 2 2016 Cadillac CT6 Range-Topping Sedan Slated for March Launch NEW RANGE INCLUDES CT6 STARTING AT $53,495; CT6 PLATINUM PRICED FROM $83,465 Cadillac extends the top of its range with the 2016 Cadillac Touring 6 sedan, which begins production in Detroit in January, with initial shipments to dealers in March. Through the integration of new technologies, the first-ever Cadillac CT6 creates a new formula for the range-topping sedan and substantially expands the Cadillac portfolio. Thanks to pioneering new vehicle manufacturing and design methods, the CT6 achieves dynamic performance, efficiency and agility previously unseen in large luxury cars. The CT6 product line similarly aims to refresh and broaden the range of consumers in the prestige class of luxury sedans. In the US market, the 2016 Cadillac CT6 sedan is priced from $53,495, with the highest level CT6 Platinum model starting at $83,465. “The CT6 is an entirely new approach to prestige luxury, adding driving dynamics and technology while reducing the bulk of traditional large sedans,” said Johan de Nysschen, president of Cadillac. “With the CT6, Cadillac has a competitive edge: our use of advanced lightweight construction and innovative technology, it is prestige luxury reimagined.” Offering three engine choices, and a broad range of high-technology systems and luxury amenities, the first-ever CT6 presents a wide range of options and price points to draw new buyers. CT6 2.0L Turbo – Starting at $53,495 CT6 3.6L V6 with AWD – Starting at $55,495 CT6 3.0L Twin Turbo V6 with AWD – Starting at $64,395 Customers can place orders now with dealers and view additional product information at cadillac.com. The Cadillac CT6 sedan takes drivers to a higher threshold of involvement, with technologies to enhance situational awareness, chassis systems – including active technologies – that make the most of control in all conditions, and powertrains led by an all-new Cadillac Twin Turbo engine. The Cadillac 3.0L Twin Turbo V-6 engine is rated at 400 horsepower (298 kW) and 400 lb-ft of torque (543 Nm); an all-new, 335-horsepower 3.6L V-6 and Cadillac’s award-winning 2.0T four-cylinder engine are also available. All engines are paired with eight-speed automatic transmissions. The rigid, lightweight architecture provides a crucial foundation for the sedan’s segment-challenging agility, enhanced by active-on-demand all-wheel drive, active rear steering and Magnetic Ride Control on the available Active Chassis System. Cadillac has made technological strides with in-cabin advances, as well, including the Rear Camera Mirror, Enhanced Night Vision technology and the pioneering 34-speaker Bose® Panaray® audio system. Cadillac this spring announced that the CT6 will be available with plug-in hybrid electric technology, as the company continues its development of highly capable alternative powertrain vehicles. Further details for the CT6 Plug-In Hybrid model will be announced closer to that vehicle’s launch. The 2016 Cadillac CT6 will be built at the Detroit-Hamtramck assembly plant on the east side of Detroit. Cadillac in April auctioned the first retail production CT6 to benefit the Barbara Ann Karmanos Cancer Institute. Editor’s note: Manufacturer’s Suggested Retail Price excludes destination ($995), tax, title, license, dealer fees and optional equipment. -
Cadillac has announced some details of their upcoming flagship sedan today. The 2016 CT6 will arrive at dealers in March with a starting pricetag of $54,990 (includes a $995 destination charge) for the base 2.0L turbo-four and climb to $84,460 for the top of the line Platinum trim. At launch, Cadillac will offer three different engines. The base will be the 272 horsepower, 2.0L turbo-four paired with rear-wheel drive. Next will be a 3.6L V6 with 335 horsepower and all-wheel drive. Finally, there is the twin-turbo 3.0L V6 with 400 horsepower and all-wheel drive. Details on the CT6 Plug-In Hybrid will be revealed at a later date. Cadillac has filled the CT6 with a a large amount of standard equipment such as full-LED exterior lighting, 14-way driver and passenger seats, an 8.0-inch digital display for the instrument cluster, 10.2-inch touchscreen with navigation, and OnStar 4G LTE. Source: Cadillac You can also view the original article on the Cadillac CT6 plus pictures of the CT6 from the 2015 New York International Auto Show Press Release is on Page 2 2016 Cadillac CT6 Range-Topping Sedan Slated for March Launch NEW RANGE INCLUDES CT6 STARTING AT $53,495; CT6 PLATINUM PRICED FROM $83,465 Cadillac extends the top of its range with the 2016 Cadillac Touring 6 sedan, which begins production in Detroit in January, with initial shipments to dealers in March. Through the integration of new technologies, the first-ever Cadillac CT6 creates a new formula for the range-topping sedan and substantially expands the Cadillac portfolio. Thanks to pioneering new vehicle manufacturing and design methods, the CT6 achieves dynamic performance, efficiency and agility previously unseen in large luxury cars. The CT6 product line similarly aims to refresh and broaden the range of consumers in the prestige class of luxury sedans. In the US market, the 2016 Cadillac CT6 sedan is priced from $53,495, with the highest level CT6 Platinum model starting at $83,465. “The CT6 is an entirely new approach to prestige luxury, adding driving dynamics and technology while reducing the bulk of traditional large sedans,” said Johan de Nysschen, president of Cadillac. “With the CT6, Cadillac has a competitive edge: our use of advanced lightweight construction and innovative technology, it is prestige luxury reimagined.” Offering three engine choices, and a broad range of high-technology systems and luxury amenities, the first-ever CT6 presents a wide range of options and price points to draw new buyers. CT6 2.0L Turbo – Starting at $53,495 CT6 3.6L V6 with AWD – Starting at $55,495 CT6 3.0L Twin Turbo V6 with AWD – Starting at $64,395 Customers can place orders now with dealers and view additional product information at cadillac.com. The Cadillac CT6 sedan takes drivers to a higher threshold of involvement, with technologies to enhance situational awareness, chassis systems – including active technologies – that make the most of control in all conditions, and powertrains led by an all-new Cadillac Twin Turbo engine. The Cadillac 3.0L Twin Turbo V-6 engine is rated at 400 horsepower (298 kW) and 400 lb-ft of torque (543 Nm); an all-new, 335-horsepower 3.6L V-6 and Cadillac’s award-winning 2.0T four-cylinder engine are also available. All engines are paired with eight-speed automatic transmissions. The rigid, lightweight architecture provides a crucial foundation for the sedan’s segment-challenging agility, enhanced by active-on-demand all-wheel drive, active rear steering and Magnetic Ride Control on the available Active Chassis System. Cadillac has made technological strides with in-cabin advances, as well, including the Rear Camera Mirror, Enhanced Night Vision technology and the pioneering 34-speaker Bose® Panaray® audio system. Cadillac this spring announced that the CT6 will be available with plug-in hybrid electric technology, as the company continues its development of highly capable alternative powertrain vehicles. Further details for the CT6 Plug-In Hybrid model will be announced closer to that vehicle’s launch. The 2016 Cadillac CT6 will be built at the Detroit-Hamtramck assembly plant on the east side of Detroit. Cadillac in April auctioned the first retail production CT6 to benefit the Barbara Ann Karmanos Cancer Institute. Editor’s note: Manufacturer’s Suggested Retail Price excludes destination ($995), tax, title, license, dealer fees and optional equipment. View full article
