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Auto Sales Rebound Strongly In January
Auto sales rose 17.3% in January, evidence an auto sales recovery remains firmly underway in an industry that was decimated by the recession.
General Motors and Chrysler Group, survivors of bankruptcy reorganization in 2009, both posted solid 22.7% sales gains compared with the same month last year. Ford Motor, which avoided bankruptcy court but t ...
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Car Sales Rev, So Parts Sellers Hit The Skids
Auto parts chains and other parts-related stocks sold off Tuesday after major carmakers posted robust sales for December.
In 2010, the sellers of brake pads, fluids, batteries and other vital car parts had their best year in at least a decade. The solid, if not spectacular, sales gains in recent quarters by AutoZone ([STOCK[AZO]]), Advance Auto Pa ...
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Could Car Sales Roar-Like Back In 1984
With the auto industry on the comeback trail, 2011 is shaping up a bit like 1984.
How so? Well, 1984 was the second straight year of sales improvement after the recession of the early 1980s. That was the last time U.S. light-vehicle sales collapsed as much as they did in 2009.
Last year auto sales came off the floor -- just as they did in 1983. S ...
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Fuel Rules May Boost Auto Sales
The Detroit Three will spend significantly to comply with tougher fuel-economy standards, but will get more sales and profitability bang for their bucks than their Asian and European rivals, a University of Michigan researcher said Monday.
Walter McManus, director of automotive analysis at the university's Transportation Research Institute, looked ...
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Honda Civic Stays On Top As Canada Top Selling Car
With sales of 57,501 units in 2010, Honda Civic retained its position as Canada's top-selling passenger car for the 13th consecutive year. Since 1973, nearly 1.6 million Honda Civics have been sold in Canada, making Civic a leader in the Canadian automotive landscape. An all-new, 9th-generation, 2012-model Civic will go on sale this spring.
"We th ...
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It Is a Good Time to Lease
Leasing isn't for everyone, but many more people should probably do it. Typically, fewer than 20% of new-car transactions are leases. And not only did the weak economy scare away buyers, it also shrank the number of leasers by half. If you always have a car payment because you trade in frequently, you may find that leasing makes sense.
Lease deals ...
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Some Mazda Dealers Shut Out of Off Lease Site
Some Mazda dealers have been stymied in accessing online information about their lease customers who financed vehicles through Ford Motor Co.'s finance arm. The problem raises questions about who has access to customer information at brands after corporate ties are severed, such as Mazda at Ford and Saab at General Motors Co.
The dealers say they ...
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The New High Rollers
ASIDE from their luxurious finish and refined ride, Rolls-Royce motor cars are best known for their effortless acceleration. Sales figures released by the company on January 10th are a good example. Last year 2,711 rolled off forecourts compared with 1,002 the year before--more than double the previous high (in 2008) since BMW took over the British ...
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USA Auto Sales Sputter Back To Life
Detroit automakers made a strong sales showing last month, capping a comeback year amid hopeful predictions that families may be ready to replace their old jalopies in 2011.
The auto industry saw auto sales climb 11.1% from a dismal 2009, selling almost 11.6 million cars and trucks last year, according to Autodata figures released Tuesday. While b ...
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Will New Charging Stations Spark Electric Car Sales
For New York City Mayor Michael Bloomberg, it was a "the-chicken-or-the-egg" type of question: Do you build charging stations for electric vehicles so people buy energy-efficient cars or do you wait until they buy the cars and then provide a place for them to recharge their car batteries?
On Wednesday, Mr. Bloomberg answered the question by openin ...
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