Sales Up – Incentives Down For October
Auto sales ticked upwards in October even while carmakers generally scaled back on the hefty incentives that have slashed industry earnings – plunging some brands deeply into the red – over the last...
View ArticleToyota Takes Another Hit With November Sales
It was a good month for the U.S. auto industry – most of the industry, anyway, but despite a mighty push to overcome its ongoing safety problems, Toyota bucked the market trend by posting a 3.2% sales...
View ArticleSubaru, Audi Set Records As November Sales Surge
Subaru set an annual all-time sales record last month as the industry-wide sales rate surpassed the 12 million unit level during November. But the Japanese automaker isn’t the only celebrating what was...
View Article2010 Car Sales End on a High Note
Car sales finished 2010 on a high note with virtually every manufacturer posting sales increases, and with the seasonally adjusted annual rate of car sales, or SAAR, coming in at a year-high 13.3...
View ArticleExchange Rates Drive Toyota’s Profits to a New Record
Toyota reported a 10% increase in net earnings for the April-June quarter. But the numbers conceal some potentially serious problems. Sales dipped in many key markets, other than the US, and earnings...
View Article
