Sales

Daimler, BYD plan new EVs for China

Daimler and BYD plan to expand their cooperation in China to bring new electric models to market under the Denza brand. Currently Denza sells just one model.


BMW's Krueger sticks to profit-margin target even with EV push

BMW Group CEO Harald Krueger says the company plans to stick to a goal for an 8 to 10 percent return on sales at its automotive division, even with the arrival of less profitable electric cars.

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MORE SALES NEWS MARKETING USED CARS
COMMENTARY: Keith Crain
Don't get stuck with bad cars

Never in the history of the auto industry in this country has a natural disaster caused as much devastation to car dealers as the hurricane that struck Houston. Now the industry will have to figure out what to do with a massive number of flood-damaged vehicles.

Harvey seen as 'net positive' for sales

Sales lost to disruptions in the final week of August are expected to be made up by year end with an influx of owners of damaged vehicles heading to area dealerships for a replacement car or truck.

Gulf ports play growing role in auto trade

Automakers now realize they can save on logistics by using ocean shipping to reach customers in the lower Midwest with foreign-made vehicles, or to export vehicles built in the Southeast's assembly plants.

TOYOTA: 3rd-straight gain despite Lexus drag

Toyota Motor North America, behind stronger truck demand and higher incentives, posted a U.S. sales gain in August for the third-straight month despite some drag by its Lexus luxury division.

NISSAN: Double whammy knocks sales

Nissan Division sales fell 15 percent in August -- partly due to the Texas storm and partly due to a planned reduction in fleet volumes. Infiniti sales rose.

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