Automaker Tesla’s Direct-To-Consumer Sales May Already Be Illegal in Michigan

LANSING, Mich. – Electric vehicle manufacturer Tesla, known for bypassing dealers and selling directly to consumers, is afraid an amendment to an unrelated bill would prevent the manufacturer from doing just that, reported Michigan Live. But the bill’s supporters say current law already precludes that. That’s the understanding of Terry Burns, executive vice president of ... Read More »

Torrid U.S. Car Sales Pace Slowed in September

U.S. auto sales in the third quarter were the best in eight years, but mixed September results from leading automakers on Wednesday indicated the industry’s torrid summer pace is slowing, reported Reuters. Industry sales in September rose 9 percent, to 1.24 million vehicles, according to research firm Autodata, just missing expectations of nine analysts surveyed ... Read More »

General Motors Gives Aggressive Outlook

American consumers are buying new cars and trucks at the strongest pace in years, offsetting car makers’ troubles elsewhere and leading the biggest U.S. auto maker to forecast fat profits ahead, reported The Wall Street Journal. Overall U.S. sales rose 9% last month compared with the same period in 2013 to a nearly decade high. ... Read More »

Volkswagen on Track for 10 million Vehicle Sales this Year: CEO

Germany automaker Volkswagen sold more than 7.5 million passenger cars and heavy trucks between January and September, Chief Executive Martin Winterkorn said on Wednesday at the Paris auto show, reported Reuters. Eur‎ope’s largest automaker is “well on the way” to achieving a target of 10 million vehicle sales this year, four years earlier than originally ... Read More »

Chrysler Reports U.S. Auto Sales Jump 19 Percent

Chrysler Group LLC on Wednesday reported its third straight month of double-digit gains in the U.S. market, selling 19 percent more vehicles in September than a year ago, an indication that industry strength continued as summer waned, reported Reuters. A Reuters survey of nine industry analysts showed expectations of a 10 percent rise to about ... Read More »

Nissan U.S. September Sales Rise 18.5 Percent

Nissan Motor Co reported its U.S. sales for September rose 18.5 percent at 102,955 vehicles, beating analysts’ expectations, reported Reuters. Nissan’s namesake brand showed sales were up 22 percent at 95,118 vehicles and its luxury Infiniti brand sales fell 13 percent at 7,837 vehicles. Analysts surveyed by Reuters had expected Nissan’s sales to rise 13 ... Read More »

Ford’s sales down 3% in September

DETROIT, Mich. – Strong sales of transit vans, Fusion model and Lincoln-brand cars were not enough to offset managed F-Series volumes and planned reductions in daily rental volumes, as Ford Motor Co. reported a 3 percent decline in year-over-year U.S. sales to 180,175 units in September, reported Michigan Live. The Dearborn automaker said in a ... Read More »

Don’t Forget To Close The Sale!

New Car Sales In The U.S. Rise 6 Percent In August

Total auto sales were up 5.5 percent year-over-year to 1,582,675 units in August, fueled by heightened demand for pickup trucks and smaller SUVs, reported Michigan Live. For the Detroit Three, Chrysler Group easily had the most impressive results, selling 19.8 percent more vehicles on an annual basis last month. GM’s sales slid by 1.2 percent, ... Read More »

U.S. Auto Sales Seen Ending Summer Without A Sizzle

U.S. auto industry sales in August will be about even with a year ago, not quite ending the summer in a sizzling fashion but still warm enough to continue the recovery from a recession now five years in the rear-view mirror, reported Reuters. Analysts polled by Thomson Reuters expect monthly sales of about 1.5 million ... Read More »