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Car sales blog. The automotive news.

  • Are you sure you still want the $35,000 Tesla Model 3?
    31 Jul 2017

    Tesla made a big deal about its Model 3's base price of $35,000. The price makes it attractive to a whole new range of buyers who couldn't afford its more expensive Model S or Model X. While it's certainly true that a Model 3 will be cheapest way to get into a brand-new Tesla, let's be clear that there will be practically zero Model 3s at its base starting price of $35,000. Here's why.  Choosing any color other than black raises the Model 3's price by a grand. If you want an upgraded interior package, that will cost you additional $5,000. To be fair, a package...

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  • US auto sales plunge in 1st half of 2017
    11 Jul 2017

    U.S. auto sales plunged for the fourth successive month in June, down 3%. All the Detroit giants registered disappointing sales declines for the month compared to a year ago. Based on the first half of the year, the prospects for the remainder of the year look bleak, indicating this year’s industrial sales will fall short of last year’s record sales.  The sales projections for the full year now stand at 17.1 million units, which would represent a 3% sales decline from 2016’s record sales. Retail demand has been waning over the past several quarters. SUVs and crossov...

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  • Terrafugia to make flying cars a reality?
    06 Jul 2017

    The Chinese company that owns Volvo called Geely has just acquired the startup behind the world's most promising flying car. Known for the impressive vertical takeoff and landing vehicle called the "Transition," Terrafugia is the company that's come the closest to making flying cars a reality. Now, thanks to Geely's deep pockets, it looks like we could soon be seeing winged Volvos soaring over the freeway.  While there are other companies out there experimenting with futuristic hybrid vehicles, Terrafugia is arguably the first to make a truly convincing prototyp...

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  • U.S. car sales seen down 2 percent in June?
    27 Jun 2017

    Analysts say that U.S. auto sales in June will likely fall 2 percent from a year earlier despite large discounts for consumers, presenting a fresh sign that automakers are heading into a downturn. June U.S. new vehicle sales will be about 1.48 million units, a drop of 2 percent from 1.51 million units a year earlier. The forecast was based on the first 15 selling days of the month. Automakers will release June U.S. sales results on July 3.  The seasonally adjusted annualized rate for the month will be 16.5 million vehicles, down nearly 2 percent from 16.8 million units in the same mo...

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  • Bentley hires Nissan executive for Americas sales post?
    14 Jun 2017

    Mike Rocco served for more than two years as regional vice president of Nissan North America's mid-Atlantic region. He became regional vice president of Nissan's Central U.S. region just last month. He has more than 25 years of experience in the automotive business, both on the dealership and corporate level. Bentley Motors is tapping a seasoned automotive executive from Nissan to become vice president of sales and operations – a new role – for the British car brand's Americas division. Mike Rocco will start June 19 and be charged with managing Bentley's recent U.S....

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