New-Vehicle Sales Up 13.8 Percent Through October
Hurricane Sandy impacts Nissan and Hyundai sales, but the industry’s seasonally adjusted annual rate remained above 14 million for the ninth consecutive month.
Hurricane Sandy impacts Nissan and Hyundai sales, but the industry’s seasonally adjusted annual rate remained above 14 million for the ninth consecutive month.
The annual sales rate reached its highest level this year in September, with Volkswagen realizing its best month in 40 years.
Audi sweeps the Aspirational Luxury Car category in Autobytel’s and AutoPacific’s 2012 Ideal Vehicle Awards.
Fueled by a 22.1 percent spike in sales vs. a year ago, industry sales paced at a 14.08 million-unit rate in June.
Apple's 'Siri' voice-activated technology is scheduled to be installed in future vehicles of nine major motor companies.
Total light vehicle sales were up 10.3 percent from a year ago and 14.9 percent vs. March, according to AutoData, which put the seasonally adjusted annual rate at 14.42 million units.
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.
A study by Forbes Insights revealed that the company anticipates luxury auto sales to stay strong into the foreseeable future.
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.
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.
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