SAAR Climbs Above 14 Million-Unit Mark in June
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.
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.
Despite the annual sales rate dipping from 14.42 million in April to 13.78 million, May retail sales were 25.7 percent higher than May 2011, according to Autodata Corp.
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.
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.
TrueCar predicted Tuesday that new light-vehicle sales in March will increase 13.7 percent from the year-ago period to 1.417 million units.
Ally's new Vehicle Intercept Program is designed to drive showroom traffic and increase new-vehicle sales at General Motors and Chrysler dealerships.
Chrysler Group announced the launch of Diversified Certified, a program that enables Chrysler Group dealers to certify and sell competitive-make, pre-owned vehicles backed with a Chrysler Group warranty.
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.
Chrysler Group LLC and Carfax announced that Carfax Vehicle History Reports will continue as the sole source of vehicle history information for the Chrysler Certified Pre-Owned program.
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