Tesla Has More Market Share in the U.S. Than the Volkswagen Group, BMW, and Daimler
29 Mar 2023, 11:18 UTC · By: Cristian Agatie / A Cox Automotive report shows that Tesla gained in Q1 2023 more market share in the U.S. than any other carmakers, surpassing Volkswagen Group, BMW, and Daimler
Tesla Steals the Most Customers From Honda and Toyota, Not Selling EVs is Clearly Costly
30 Nov 2022, 13:32 UTC · By: Cristian Agatie / Toyota and Honda are the car brands with the most customers defecting to Tesla due to the lack of an EV alternative, shows an S&P Mobility study
Demand for Convertibles Has Dropped 50% Since 2006
20 Jul 2011, 14:21 UTC · By: Mihnea Radu / We don’t know if you’ve noticed, but automakers are focusing less and less on rolling out wind-in-your-face vehicles, instead focusing on big sedans and SUV. There used to be a time when...
Opel Increases Sales and Market Share in First Half of 2011
8 Jul 2011, 09:39 UTC · By: Mihnea Radu / The situation regarding GM’s decision on whether to keep Opel or not may by up in the air, but the recent sales figures indicate a steady recovery for the German carmaker. It might not be some...
Kia Goes Transparent by Hooking Benoit Morene to a Lie Detector
5 Jul 2011, 11:42 UTC · By: Dragos Serban / Kia tried a different approach to regain the trust of its customers, it was an unusual way to do it, but at the same time a direct and honest one. The company tried to redeem its name by hooking up ...
Williams Frees 27 Percent Shares for Market Flotation
9 Feb 2011, 14:45 UTC · By: Ovidiu Panzariu / Frank Williams and Patrick Head have disclosed further information on Williams F1 Team's flotation on the stock market, but they both insisted they will remain committed to the Formula 1 team f...
US Auto Industry Saw Sales Jump 17% in January 2011
2 Feb 2011, 08:53 UTC · By: Mihnea Radu / The American auto industry looks to be on the path to recovery, as it has been reported today. Namely, combined sales for the market rose 17 percent to 819,895 vehicles in January, according to Aut...
Ducati Ends 2010 with Record Market Share in the US
21 Jan 2011, 10:05 UTC · By: Alina Dumitrache / Italian motorcycle brand Ducati has enjoyed a great growth in North American sales in 2010, despite the trend of an industry that declined severely. Specifically, the company announced retail sales ...
Cadillac Conquers US Market
11 Jan 2011, 17:48 UTC · By: Daniel Patrascu / It's been a year of recovery for luxury goods and especially for luxury brands, which were severely hit by the economic crisis in 2009. In 2010 however, the tides have turned completely, as if ...
BMW Group Outperformed the UK Market in 2010
8 Jan 2011, 16:53 UTC · By: Mihnea Radu / BMW Group UK has reported a rise of 10.8 percent increase in sales of its BMW and MINI brands during 2010. Demand totaled 153,312 units, beating the market that only increased by under two percent l...
Honda's Sales Hit Rough Waters
7 Dec 2010, 13:25 UTC · By: Mihnea Radu / With Toyota out of the running because of mass recalls and the Detroit Big 3 struggling, Honda should have seen its market share grow and sales increase in America. However, things didn’t turn...
Ford Is on a Roll in November
6 Dec 2010, 16:18 UTC · By: Mihnea Radu / Ford is going from strength to strength when it comes to its car sales in the UK retail market. According to a recent press release, the company has managed to increase its share of the market to 11...
Geely Aims at 2 Million Sales by 2015
3 Dec 2010, 13:19 UTC · By: Andrei Costea / Geely Automobile Holdings, the Chinese automaker that has acquired Volvo in August this year, is aiming to increase its yearly sales to an ambitious 2 million units by 2015, as well as to double its...
Opel Prepares for Sales Drop This Year
30 Nov 2010, 13:55 UTC · By: Bogdan Popa / Although Opel was expected to perform better now under the guidance of the "new" General Motors, the German brand predicts a drop of 9 percent this year to 836,000 cars. However, CEO Nick ...
Lincoln Turns to Luxury Markets
23 Nov 2010, 14:34 UTC · By: Andrei Costea / Lincoln executives were brought to their senses, as Ford's luxury brand will give dealerships in metropolitan areas the majority of the Lincoln production. The statement given by Ken Czubay, Fo...
Hyundai Group Is the Biggest Asian Carmaker in Europe
23 Nov 2010, 09:02 UTC · By: Mihnea Radu / When one falls another shall rise in his place. We're talking about Hyundai, as it has been able to overtake Toyota as the largest Asian carmaker in Europe. The long series of recalls and chang...
BMW Won't Increase Customer Discounts in the US
17 Nov 2010, 15:23 UTC · By: Mihnea Radu / BMW will not raise incentives for its luxury car customers this year, as the company will instead be targeting higher profits from its existing market share. The Bavarians are not going to race t...
VW Expects South African Sales to Increase
30 May 2010, 09:09 UTC · By: Alexandru Radu Chis / The German carmaker announced it expects 2010 sales in South Africa to grow twice as fast as the market. The company explained its revised forecasts are based on the strength of Volkswagen’s n...
Toyota Sales Bounce Back in the US
13 Mar 2010, 11:57 UTC · By: Alexandru Radu Chis / Although the biggest Japanese car maker was attacked form all the angles in the American media in recent weeks following several “accelerator pedal” incidents, the brand seems to have su...
Ford Continues UK Growth in February
9 Mar 2010, 09:31 UTC · By: Alex Vasile / Things are getting better for Ford, as the car manufacturer has announced an UK car registration growth just ahead of the important March “plate-change month”. According to official f...