E-NEWSLETTER

The euphoria over the positive first quarter results from U.S.-based carmakers should be tempered by the recessionary situation in Europe, two Kelley Blue Book analysts warned.

Tags: Chrysler, European Crisis, Ford, General Motors, Kelley Blue Book

General Motors Co. and Wells Fargo & Co. announced a long-term partnership to offer financing to Chevrolet, Buick, GMC and Cadillac dealers and retail customers in GM’s West marketing region.

Tags: Buick, Cadillac, Chevrolet, dealer financing, finance, FLOORPLAN FINANCING, General Motors, GMC, new-vehicle financing, retail financing, Wells Fargo, wholesale financing

A recent uptick in gas prices pushed consumers toward fuel-efficient vehicles rather than back to the sidelines, with the annual sales rate jumping to 15.1 million vehicles, according to Autodata.

Tags: Acura, Audi, BMW, Chrysler, Ford, General Motors, Honda, Hyundai, Infiniti, Mercedes-Benz, MINI, monthly sales, New-Vehicle Sales, Nissan, retail sales, SAAR, Toyota, Vehicle Sales, Volkswagen

Retail sales rose 11.4 percent in January, with the industry pacing at a 14.18 million seasonally adjusted annual sales rate — the highest rate since the government’s Cash for Clunkers program in August 2009, according to AutoData.

Tags: Audi, BMW, Chrysler, Dodge, Ford, General Motors, Hyundai, Infinity, Jeep, Mazda, Mercedes-Benz, MINI, monthly sales, Nissan, Ram, Toyota, Volkswagen

Autodata Corp. estimated that U.S. auto sales reached 12.8 million units last year, marking the best year for auto sales since 2008 if the stat holds. Big winners were General Motors, Ford and Chrysler, with GM reclaiming the top spot in world vehicle sales two years after it emerged from its U.S.-backed bankruptcy.

Tags: Audi, Autodata Solutions, BMW, Chrysler, Ford, General Motors, Honda, Hyundai, Mazda, Mercedes-Benz, monthly sales, New-Vehicle Sales, Nissan, Toyota, Volkswagen

November proved to be another strong month for automakers, with light vehicle sales pacing at a 13.63 million SAAR — the highest rate this year, according to Autodata Corp.

Tags: Audi, BMW, Chrysler, Ford, General Motors, Honda, Hyundai, Mazda, Mercedes-Benz, monthly sales, New-Vehicle Sales, Nissan, Toyota, Volkswagen

Ally Financial announced that its Ally Buyer’s Choice program will be in 17 states by Dec. 12.

Tags: Ally Financial, Chrysler, finance, General Motors, interest rates, leasing, trade-in value

Automakers enjoyed their best October since 2007, with U.S. auto sales rising about 8 percent from last October to 1.02 million, according to Autodata Corp.

Tags: Audi, BMW, Chrysler, Ford, General Motors, Honda, Hyundai, Mazda, Mercedes-Benz, monthly sales, New-Vehicle Sales, Nissan, Toyota, Vehicle Sales, Volkswagen

Data analyzed by Edmunds.com revealed that 39.9 percent of Pontiac owners who traded in for a new car this year opted for a GM vehicle.

Tags: brand loyalty, Chevrolet, Edmunds.com, General Motors

Industry sales jumped out to their strongest pace since April, with the industry recording a 10 percent sales increase in September, according to AutoData Corp. Leading the way were Chrysler, Mazda, Nissan and Volkswagen.

Tags: Audi, BMW, Chrysler, Ford, General Motors, Honda, Hyundai, Mazda, Mercedes-Benz, Mitsubishi, monthly sales, Nissan, Toyota, Volkswagen

A number of automakers experienced double-digit sales increases in August, with Chrysler leading the pack with 31 percent year-over-year increase in sales. Toyota and Honda, however, continued to grapple with supply issues.

Tags: Audi, BMW, Chrysler, Ford, General Motors, Honda, Hyundai, Mazda, Mercedes-Benz, monthly sales, Nissan, Toyota, Volkswagen

The March 11 earthquake in Japan continued to impact Japanese automakers, with Toyota and Honda reporting notable decreases in July sales. Detroit automakers fared better, with Chrysler experiencing its best July in four years.

Tags: Audi, BMW, Chevrolet, Chrysler, Dodge, Ford, General Motors, GMC, Honda, Hyundai, Infiniti, Lexus, Mazda, Mercedes-Benz, monthly sales, New-Vehicle Sales, Nissan, retail sales, sales, Toyota, Volkswagen

General Motors stellar June comes as the carmaker continues to score high on TrueCar.com’s Performance Scorecards.

Tags: General Motors, Hyundai, Porsche, TrueCar

June was a standout month for Ford, GM, Nissan, Chrysler and Mercedes-Benz, all of which realized improvements from the year-ago month. Toyota showed decreases for June compared to last year and Honda continued to feel the effects of the March 11 earthquake in Japan. Overall, automakers realized month-to-month sales increases thanks to improved production capacity.

Tags: Chrysler, Ford, General Motors, Honda, Mercedes-Benz, monthly sales, Nissan, Toyota

The Toyota Camry ranked No.1 in Cars.com’s annual American Made Index for the third consecutive year. The Toyota Sienna and Tundra also made the list, ranking sixth and ninth, respectively.

Tags: Cars.com, Chevrolet, Chrysler, Ford, General Motors, GMC, Honda, Toyota

May saw sales increases for Chrysler, GM and Mercedes-Benz, while Ford sales stayed consistent with the year-ago period. Due to parts and production shortages in Japan, import brands Honda, Nissan North America and Toyota Motor Sales all saw decreases compared with May 2010 sales.

Tags: Chrysler, Ford, General Motors, Honda, Mercedes-Benz, monthly sales, Nissan, Toyota

General Motors Co. said it plans to launch this year a pilot program through its captive lender, GM Financial, to make loans to dealers to buy new vehicles from the company.

Tags: Ally Financial, FLOORPLAN FINANCING, General Motors, GM Financial

GM Financial’s rollout of a prime leasing program in 16 states may seem to indicate that the company formerly known as AmeriCredit is leaving its roots behind. Company officials, however, maintain that the former subprime finance company is merely sticking with the game plan General Motors set forth when it purchased the company last October: fill the finance gaps.

Tags: AmeriCredit, General Motors, GM Financial, leasing

General Motors’ acquisition of AmeriCredit Corp. was expected to close on Friday, three days after AmeriCredit’s stockholders approved the sale. The company will be renamed General Motors Financial Company Inc. (GM Financial).

Tags: AmeriCredit, General Motors

To meet customer demand for leasing and non-prime financing for GM vehicles, General Motors and AmeriCredit Corp. announced July 22 that they entered into a definitive agreement for GM to acquire the subprime auto finance company in an all-cash transaction valued at approximately $3.5 billion.

Tags: AmeriCredit, General Motors, leasing, nonprime

According to a recent report by the National Taxpayers Union, American taxpayers have paid $12,200 for every General Motors vehicle sold through the beginning of 2011, and $7,600 for every Chrysler vehicle sold.

Tags: Chrysler, General Motors, GMAC Financial Services, Treasury Department

Through a recent partnership, AmeriCredit will provide auto financing to General Motors Co.’s subprime customers.

Tags: AmeriCredit, General Motors

Since the General Motors-eBay program launched, the number of site visitors conducting GM vehicle pricing research has jumped 10 percent higher in California than it has in the other 49 states, according to Edmunds.com.

Tags: eBay, Edmunds.com, General Motors