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JD Power, LMC forecast 4.5 percent drop in Jan U.S. auto sales
2016-01-29 01:12:52| Auto Dealers - Topix.net
January U.S. auto sales will fall 4.5 percent because of the recent snow storm on the East Coast and two fewer selling days than a year ago, JD Power and LMC Automotive said on Thursday. The two industry consultants said that January U.S. sales will total 1.1 million vehicles, which translates into a seasonally adjusted annualized rate of 16.8 million vehicles.
These Alabama-made models led the pack in 2015 auto sales
2016-01-28 19:48:29| Auto Dealers - Topix.net
U.S. sales of Honda's Pilot SUV jumped 25 percent in 2015, the biggest increase among all models built in Alabama. Produced at the Japanese automaker's Talladega County operation, the SUV went through a major redesign last spring, revealing a sleeker version than its boxy predecessor.
2015 USA Auto Sales by the Numbers
2016-01-28 05:12:31| Auto Dealers - Topix.net
Lower gasoline prices combined with competitive interest rates helped drive auto sales overall in 2015. Factory rebates and incentives where higher when compared to 2014 as well.
Advance Auto Parts, Inc. (AAP) Shares Sold by ExxonMobil Investment Management
2016-01-28 04:02:55| Auto Parts - Topix.net
ExxonMobil Investment Management lowered its stake in shares of Advance Auto Parts, Inc. by 2.3% during the fourth quarter, according to its most recent filing with the SEC. The hedge fund owned 16,415 shares of the company's stock after selling 393 shares during the period.
Tags: management
auto
parts
sold
Fiat Chrysler beats on earnings thanks to the boom in US auto sales
2016-01-27 18:39:24| Auto Dealers - Topix.net
Fiat Chrysler Automobiles on Wednesday reported better-than-expected rise in fourth-quarter operating profit as strong results from North America and improving operations in Europe offset weakness in Latin America and Asia. The world's seventh-largest carmaker said adjusted operating profit for the October-December period rose to 1.64 billion euros from 1.18 billion the previous year and compared with an analyst consensus forecast of 1.3 billion euros.
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