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The new Star Wars movie will hit the theaters in a month and a half, but its carmaker partner Nissan is already seizing on the hype. The automaker on Friday will debut the first TV ad in what will be an aggressive campaign that links its driver-assistance technology to the droids that help steer the spaceships in the movie. This year the automaker will not enjoy the coincidental benefit of sharing a vehicle model name with the movie title, as it did with Nissan Rogue. But Nissan sees an opportunity in tying Star Wars' sci-fi and pop culture credentials to its driver assist...
Volkswagen sales were up 12 percent to 27,732 on growing sales of its new crossover lineup. Audi extended its industry-best sales streak to eight consecutive years, rising 9.6 percent to 19,425 with strength from its Q5 and Q7 crossovers. Brands: VW up 12%; Audi up 9.6%.Notable nameplates: Audi Q5 up 44%; Audi A5 up 252%; Audi Q7 up 23%; VW Passat down 37%; VW Atlas (new) 3,664 sales; 2018 VW Tiguan (new) 3,848 sales.Incentives (including Porsche): $3,597 per vehicle, down 6.7% from a year earlier.Average transaction price (including Porsche): $36,265, up 2.5% from a year earlier.&n...
The second best month of 2017 for U.S. new-vehicle sales goes for October, thanks to the surging demand in states recovering from hurricane damage, though volume is projected to fall slightly from the same month last year. Forecasts call for a 2 to 4 percent decline in industry sales this month. They estimate the seasonally adjusted, annualized selling rate will be 17.6 million to 17.9 million. While that's a drop-off from September's rate of 18.6 million -- which was the sixth-highest ever -- it would be well above the industry's sales pace in the first half of the year...
General Motors might have cut more than 6,000 jobs this year, but it still might need to further shrink its manufacturing operations to address bloated inventories of some vehicles amid plateauing U.S. sales and pressure from Wall Street to avoid overproduction. The majority of GM's U.S. assembly plants, including some where a shift already has been eliminated, produce vehicles that on average have at least an 80-day supply, 33 percent more than what the industry generally considers healthy. GM has at least seven U.S. assembly plants that on average produced vehicles with greater than...
Bentley Motors plans a major shake-up of its executive ranks just a few months before launching the new Continental GT. Wolfgang Durheimer will step down as CEO of Bentley effective February 1, 2018; he will be succeeded by Adrian Hallmark, former global strategy director at Jaguar Land Rover.. Bentley's board members for engineering, sales and marketing, and human resources will also step down, effective January 1, 2018. Durheimer, 59, will stay on at the VW Group to assist with the automaker's motorsports efforts. It's a fitting culmination to a career that oversaw the...
