Mercedes-Benz, Chrysler Lead November Sales Gains
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.
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.
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.
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.
NADAguides Top Recommended Current Buys list for the third quarter includes models from Audi, BMW, Chevrolet, Ford, GMC, Hyundai, Land Rover, Toyota and 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.
Kbb.com lists Audi, Lexus and Cadillac as the top luxury brands, while Kia, Hyundai and Honda dominated among all non-luxury brands for lowest average total ownership costs.
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.
Volkswagen Group’s VW Credit Inc. has chosen Wolters Kluwer Financial Services as a preferred provider of motor vehicle lease contracts for Volkswagen, Audi and Bentley dealerships.
A new study by TrueCar.com indicates that Gen X shoppers prefer luxurious, spacious cars to accommodate their families.
Four Audi models get the nod for Best Coupe between $35K and $45K, Best Coupe Over $45K, Best Wagon between $35K and $45K and Best SUV between $35K and $45K.
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