
Nissan Reports Significant Sales Growth
Following the release of Nissan’s 2025 fiscal year report, the automaker announced that its retail-first approach has led to a significant jump in dealer sales.
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Following the release of Nissan’s 2025 fiscal year report, the automaker announced that its retail-first approach has led to a significant jump in dealer sales.
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By sharply reducing fleet sales, Hyundai can deliver more inventory to dealers.
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In January, Tesla Inc. lead U.S. luxury market sales, lapping segment leader BMW in new vehicle registration, finds Experian data.
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The Ukraine invasion has ramped up the price of metals used in vehicles and OEMs likely will pass these costs on to consumers.
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Declines in wholesale prices continued last week, despite an improvement in conversion rates.
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New-vehicle sales volume has been averaging just over 1.05 million each month since last August, and this February is not expected to buck the trend.
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The Estimated Average Weekly Sales Rate has dropped to 61% this week, after a few weeks at 62%. This is not surprising as wholesale buyers try to anticipate consumer sentiment and wholesale seller behavior.
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Volkswagen plans to decide on location for new plant and increase production output in the second half of 2022, reports company officials.
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The rate of week-over-week declines has accelerated, exceeding the typical seasonal expectations for this time of year.
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Tesla’s Model Y could overtake BMW as the top-selling luxury model when its plant opens in Texas.
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The auto retailer reports sales jumped 34% in the fourth quarter and soared 51% for the year.
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