Tag: auto sales

Subaru Struggles: Annual Profit Effectively Halved Due to Quality Control Issues

<img data-attachment-id="1558225" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2017/04/MY18_Legacy-exterior3-e1493220521816.jpg" data-orig-size="3000,2002" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="Subaru Legacy 2018 Logo Emblem Grille" data-image-description=" Image: Subaru ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2017/04/MY18_Legacy-exterior3-450×300.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2017/04/MY18_Legacy-exterior3-610×407.jpg” class=”aligncenter size-large wp-image-1558225″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2017/04/MY18_Legacy-exterior3-610×407.jpg” alt=”Subaru Legacy 2018 Logo Emblem Grille” width=”610″ height=”407″> Subaru may be getting too big for its britches. Despite seeming like it was positioned for nearly incalculable growth at the start of last […]

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The Kids Aren’t Alright

<img data-attachment-id="1671136" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_153087092.jpg" data-orig-size="1000,667" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="cool kid driving" data-image-description=" Irina Papoyan/Shutterstock ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_153087092-450×300.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_153087092-610×407.jpg” class=”aligncenter size-large wp-image-1671136″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_153087092-610×407.jpg” alt width=”610″ height=”407″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_153087092-610×407.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_153087092-75×50.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_153087092-450×300.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_153087092-768×512.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_153087092-120×80.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_153087092.jpg 1000w” sizes=”(max-width: 610px) 100vw, 610px”> For roughly the last decade, we’ve heard the motoring media bemoan Millennials as the generation that snubbed […]

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Ford’s Mustang Bragging Brings Out the Best in Rival Automakers

<img data-attachment-id="1670982" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/2020-mustang-ecoboost-hpp-06-e1555699191569.jpg" data-orig-size="4452,3460" data-comments-opened="1" data-image-meta="{"aperture":"8","credit":"","camera":"Canon EOS 5D Mark IV","caption":"High Performance Package adds Mustang GT brakes, and GT Performance Package aerodynamics and suspension components to make it the highest-performing production four-cylinder Mustang ever.","created_timestamp":"1554572160","copyright":"","focal_length":"61","iso":"100","shutter_speed":"0.1","title":"2020 Ford Mustang High Performance Package","orientation":"1"}" data-image-title="2020 Ford Mustang High Performance Package" data-image-description=" Ford ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/2020-mustang-ecoboost-hpp-06-e1555699191569-450×350.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/2020-mustang-ecoboost-hpp-06-e1555699191569-610×474.jpg” class=”aligncenter size-large wp-image-1670982″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/2020-mustang-ecoboost-hpp-06-e1555699191569-610×474.jpg” alt […]

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Chinese Auto Market Continues Its Decline; U.S. Future Also Looking Bleak

<img data-attachment-id="1669666" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_749118631.jpg" data-orig-size="1000,667" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="dealer lot" data-image-description=" welcomia/shutterstock ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_749118631-450×300.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_749118631-610×407.jpg” class=”aligncenter size-large wp-image-1669666″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_749118631-610×407.jpg” alt width=”610″ height=”407″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_749118631-610×407.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_749118631-75×50.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_749118631-450×300.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_749118631-768×512.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_749118631-120×80.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/shutterstock_749118631.jpg 1000w” sizes=”(max-width: 610px) 100vw, 610px”> China’s auto sales declined for the ninth consecutive month in March, further proving that the market isn’t as […]

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Dealer Check-up Reveals Widespread Profit Loss

<img data-attachment-id="1622294" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2018/04/Nalley_Nissan_of_Atlanta_20-e1524507840810.jpg" data-orig-size="4196,2492" data-comments-opened="1" data-image-meta="{"aperture":"5.6","credit":"Nicholas McGinn","camera":"NIKON D800","caption":"Nissan\u2019s newest Retail Environment Design Initiative (NREDI 2.0) was introduced today at the grand opening celebration of Nalley Nissan of Atlanta, an Asbury Automotive Group, Inc. (NYSE: ABG) dealership. The NREDI 2.0-outfitted dealership is visually and technically updated in all areas, from sales, to service to finance, […]

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FCA Fine Flying Solo, Equally Happy With Help

With Sergio Marchionne gone, most assumed Fiat Chrysler Automobiles would swiftly enact the late CEO’s plan to convince another automaker to partner with the company. Until recently, FCA was viewed as a dinosaur within the industry — limping along since its Fiat acquisition with a lineup of unpopular European imports and oversized American vehicles that couldn’t possibly endure […]

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Parents Are Buying Loads of Cars for Their Adult Children

It looks as though more parents are increasingly paying for the transportation needs of their (sometimes very old) children. Thanks largely to abandoning the important job of parenthood, a Bank of America survey a discovered small portion of adults between age 23 and 37 are now able to put away legitimate savings. However, the prevalence […]

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Modern Times Spell Trouble for Mom-and-pop Auto Dealers

When I was a lad, there were two family-owned and operated dealerships within walking distance of my home. Upon reaching driving age, one had already closed while the other began adding storefronts in different towns. It now has three locations, ensuring a meaty inheritance and lifelong job security for several members of my graduating class. […]

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Market in Flux: Europe’s Vehicle Landscape Is Changing Fast

While North American conversations about the auto industry usually center around the public’s swing away from cars, Europe’s doing all sorts of of swinging these days. There’s a battle raging between cars and light trucks, sure, but also between propulsion types. Once dominated by diesel, Europeans are shedding oil burners in favor of cars powered […]

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Blame China: Jaguar Land Rover Layoffs Won’t Be Exclusive to Europe

On Thursday, Jaguar Land Rover was reported to be in the midst of a plan that would eventually lay off roughly 10 percent of its UK workforce — roughly 4,500 employees. Considering the company has been forced to endure waning demand for sedans and just about everything with a diesel engine, a bit of restructuring was […]

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Mercedes-Benz: Still Leading Luxury, by Volume

Mercedes-Benz managed to hold onto its heavyweight title in luxury sales for the third year running, at least as far as the United States is concerned. Though the domestic match was close — BMW’s 311,014 deliveries in 2018 were only a few thousand units shy of Mercedes’ 315,959. In fact, BMW volume improved 1.7 percent against 2017 […]

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Why American Muscle Might Outlive the Standard American Sedan

Domestic sedans are currently being walked up to the edge of a mass grave. Beneath them rests their two-doored brethren and the first wave of four-doors previously executed by the Big Three. Ford has promised a lineup comprised almost entirely of pickups and utility vehicles in the coming years and General Motors is in the […]

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Sorry, Shoppers: October Auto Sales Expected to Slip, Along With Incentives

Analysts are projecting U.S. light vehicle sales will decline in October as incentives do the same. Could they possibly be related? While we don’t have have official figures on how much of the domestic population has a limitless supply of cash, our collective intuition suggests most do not. This leads us to believe the elevated cost […]

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Damn: Used Cars Are Getting More Expensive

Ever since the end of the recession, new car prices have crept up steadily while used vehicle values remained comparably low. In fact, compact cars actually became less expensive between 2013 and 2017 as the crossover craze left a glut of small, economical vehicles that could be purchased for little more than a smile. Unfortunately, […]

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American Automakers Losing Footing in China’s Wonky Market

Last week, we looked at how the world’s largest automotive markets are coping. If you’re interested in an abridged version, they could all be doing better. We also noted that China was getting around to summarizing its summer sales data. Well, that ship has since come in, and it was full of corpses. The country has […]

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North America Isn’t the Only Major Auto Market With Huge Headwinds

For the past two years, we’ve reported that the post-recession upswing in new car buying in North America seems to have plateaued. Environmental factors have led to Millennials buying fewer cars than their parents’ generation, and wealthy folk have proven unable to pick up the slack — as no amount of money allows you to drive […]

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