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Hyundai USA and its smaller affiliate Kia Motors revealed their US sales and it turns out that even though their sales in China plunged 65%, the situation was a bit different here in US. Their combined sales in the U.S. market fell 1.9 percent in April and 11.5 percent in May, continuing on the downward spiral. According to the data compiled by Hyundai Motor America and Kia Motors America on June 2, the combined U.S. sales of Hyundai-Kia Motors in May decreased 11.5 percent on-year to 118,518 units. By brand, Hyundai Motor sold a total of 60,011 units in the U.S. last month, do...
USA Porsche revealed its sales for May 2017 and it turns out that the carmaker has sold 4,805 vehicles in US. The official importer and distributor of Porsche 911, 718 Boxster and Cayman, Panamera, Cayenne, and Macan model lines in the United States announced that its year-to-year date sales stand at 23,052, up 3.7% over last year. Porsche Approved Certified Pre-Owned (CPO) vehicle sales in the U.S. were 1,568. Year-to-date CPO sales stand at 7,490, an 8.8 percent increase over the same period last year. Panamera outpaced last year's May result by 114.5 percent with 768 car...
Toyota defended its title as the world's most valuable car brand in a new ranking, holding off BMW and Mercedes-Benz. Tesla, meanwhile, made the biggest improvement, rising two spots to No. 8 because of a 32 percent increase in its brand value. Toyota's brand value decreased 3 percent to $28.7 billion as increased sales were offset by tough currency challenges as well as increased investment and rising labor costs. Toyota is seen as a reliable, quality value brand. Even when it was going through its recall problems, the users were saying, ‘What’s all the fuss ab...
The U.S. demand for hybrids and plug-ins is again ruled by domestic automakers, plug-in vehicle sales surged about 45% to almost 15,000 units. In addition to Tesla, which continues to boost sales but doesn't publish monthly metrics, Ford and General Motors each performed well in May. Green-car sales for the Blue Oval rose 56 percent from a year earlier to 9,221 vehicles, as Fusion Hybrid sales more than doubled, while Ford C-Max Energi plug-in hybrid sales jumped 77 percent. Up the road, General Motors increased green-car sales by 50 ...
Audi's U.S. chief expects the brand to post another U.S. sales record in 2017. It's an ambitious goal, given that U.S. sales this year are expected to be flat, especially in the luxury car market. Scott Keogh, president of Audi of America, said he's convinced Audi can do it — without resorting to excessive incentives — based on the strength of its lineup. Keogh says they broke through 210,000 units last year. He thinks it's worth pointing out that if we look at Audi America in general, it took them 40 years to sell 100,000 cars for the very first time. Th...