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Orange County new vehicle sales mostly held steady in February, slipping a mere 0.3 percent in yet another sign the hot auto industry is at a plateau. Auto sales peaked in 2015 with a 8.7 percent gain overall compared with 2014, then leveled off in 2016 after six years of growth. Last year, local dealerships reported a sales decline of less than 1 percent, according to the Orange County Automobile Dealers Association, which tracks new vehicle registrations. In January, post-holiday auto sales in the county decreased 4.2 percent. The group expects 2017 auto sale numbers to be similar...
After 3 years of vehicles ownership the most dependable carmakers seem to be Porsche and Lexus.The non-premium label is lead my Toyota. For the sixth year in a raw Lexus tops the list of the most dependable car brands of US. The streak puts Lexus halfway to tying its record of 12 consecutive titles for most dependable brand from 1997 to 2008. Toyota, Buick and Mercedes-Benz rounded out the top five brands overall. Mercedes, Hyundai (No. 6), BMW (No. 7) and Jaguar (No. 10) were newcomers to the Top 10 this year, while GMC, Acura, Ram and Lincoln dropped out. The industry averaged 156...
After limited availability of Lexus models which led to a 26 percent fall in sales last month, we have realized that the carmaker is really short on supplies. It keeps on getting better this month, at least that’s what the general manager of Toyota’s luxury brand is trying to convince us about. Even so we’ve heard that the supplies won’t normalize until March. Bracken said Lexus sold so many units in December that it went into the new year strapped for utility vehicles such as its top-selling RX, leading to a softer January than expected. Lexus sold 15,572 ve...
Porsche Cars North America, which is the importer and distributor of Porsche 911, 718 Boxster and 718 Cayman sports cars, Macan and Cayenne SUVs, and the Panamera four-door sports sedan line-up in the United States, delivered 4,602 vehicles in January. This was the strongest January sales month ever recorded by the company. Porsche has revealed the number of Certified Pre-Owned cars it outsold during January, and it surpassed the same period of the last year with 11.6%. January 2017 sales were up 5.7 percent over the same period last year with a well-balanced sales result acro...
For nearly a year and a half, the Volkswagen Dieselgate scandal has been making headlines. While the headaches might not be over for Volkswagen executives, they could be coming to an end for U.S. owners of Audi, Porsche, and VW vehicles illegally designed to cheat on emissions tests. In fact, some believe that there could be a silver lining to Dieselgate's dark clouds: a small surge in auto sales, similar to the one spawned by the U.S. government's Cash-for-Clunkers program in the wake of the Great Recession. Car sales in America are going strong, but the rate of growth has ...
