Tag: automotive sales reports
Ford powers into 2025 with record EV sales and a 6%...
Ford recently released its fourth quarter and yearly sales results. The automaker outpaced the broader industry's growth rate, achieving double the pace in 2024....
FCA sales fell 15% in 2024, plug-in hybrids dominate the market
Fiat Chrysler Automobiles (FCA) U.S. recently released its fourth-quarter and full-year 2024 sales results.
During the fourth quarter, the automaker sold 320,743 vehicles, an overall...
Tesla shares plunge after reporting its first drop in annual deliveries
Tesla's shares plummeted after the automaker posted its fourth-quarter and year-end vehicle production and deliveries. The results fell short of expectations and were the...
Wholesale used-vehicle prices hold steady for first half of December
According to the latest data from Cox Automotive, wholesale used-vehicle prices are holding steady for the first half of December. The mid-month Manheim Used...
Mastering value-centered sales with Sean Gardner
In the world of sales, there's a constant tug-of-war between price and value. While both are important, an overemphasis on price doesn't put dealers...
BYD overtakes Ford as the sixth-largest automaker
BYD, the Chinese automaker, is quickly climbing the ranks and is on track to sell 4 million units this year. The company recently outsold...
Vehicle sales surge as consumer confidence hits new heights
According to new data from Cox Automotive, the U.S. auto market is closing 2024 on a strong note. November sales maintained a seasonally adjusted...
SUV market share hits record despite affordability crisis
SUVs continue to dominate the U.S. auto market, capturing 58% of all vehicle transactions between January and October 2024—a record high, according to Edmunds....
Wholesale used vehicle prices rose in early November
Wholesale used vehicle prices increased by 1.6% in the first half of November while the Manheim Used Vehicle Value Index (MUVVI) reached 206.1, up...
KBB reports modest ATP increase for new vehicles in October
Despite the challenges, automakers are demonstrating resilience by working overtime to clear bloated inventory levels and finish out 2024 strong. According to Kelley Blue...