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TOP NEWS: Chrysler Sees 2nd Quarter Gain, Changes Forecast
2013-07-31 09:00:05| AutomotiveDigest.com - Automotive Industry News
Despite a double-digit jump in sales in the second-quarter, Chrysler CEO Sergio Marchionne says company will reduce full-year forecast. The economy may be sluggish, but auto sales are doing just fine, and Kelley Blue Book increases its sales forecast for the month of July. Automakers, including Ford and GM, are recognizing the value of digital ad spends over more traditional marketing venues as consumers are doing the same.The Article TOP NEWS: Chrysler Sees 2nd Quarter Gain, Changes Forecast appeared first on Automotive Digest.
TOP NEWS: 1st Half Sales Percentage Lead Goes to One Automaker
2013-07-30 09:00:04| AutomotiveDigest.com - Automotive Industry News
With July sales figures coming out soon, R.L. Polk indicates one automaker rose above the rest in percentage of sales for the first few months of 2013. BMW wants to avoid the sales lag seen by other automakers as it introduces the electric BMW i3, so the company makes a unique offer to potential buyers. As consumers rush to add multiple platforms to their buying experience, automaker websites are forced to adapt to accommodate more consumer functionality.The Article TOP NEWS: 1st Half Sales Percentage Lead Goes to One Automaker appeared first on Automotive Digest.
TOP NEWS: Ford Set New Full-Year Profits Forecast
2013-07-26 09:00:27| AutomotiveDigest.com - Automotive Industry News
Based on a very successful second quarter, with net income of $1.23 billion, Ford Motor Co. has now raised its estimates for the full year 2013. Longer car loan options could prove advantageous to both car dealers and their automakers, but financial planners issue a caveat to car buyers. Edmunds.com files a lawsuit against Texas-based Humankind Design Ltd. for setting up fake dealer reviews under fraudulent names hoping to entice car shoppers to buy.The Article TOP NEWS: Ford Set New Full-Year Profits Forecast appeared first on Automotive Digest.
TOP NEWS: Acura Plans Sales Push for U.S. Market
2013-07-25 09:00:30| AutomotiveDigest.com - Automotive Industry News
Hondas long-struggling luxury brand Acura reportedly plans a global expansion, including China, but its focus will be increasing sales in the U.S. Ford Motor Co. has decided to end a joint venture with Toyota Motor Corp. on hybrid truck systems in favor of its own, as Ford gains in the hybrid market. Auto dealers can take advantage of local market share reports put together by AdMall and Ad-ology Research and powered by Polk Automotive data.The Article TOP NEWS: Acura Plans Sales Push for U.S. Market appeared first on Automotive Digest.
TOP NEWS: J.D. Power Sees July Sales Surge and Beyond
2013-07-24 09:00:29| AutomotiveDigest.com - Automotive Industry News
J.D. Power analysis says new-vehicle sales in July are expected to climb in double digits from the same month a year ago as demand continues to be strong. The City of New Orleans welcomes the 2014 NADA Convention & Expo for the 10th time since 1973, and early registration is now open for dealers and managers. Detroit automakers say they support the city of Detroit as it enters bankruptcy, but they do not expect any interruption in the auto industry as a result of insolvency.The Article TOP NEWS: J.D. Power Sees July Sales Surge and Beyond appeared first on Automotive Digest.
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