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Economic Report: Retail sales strong for auto dealers, weak for gas stations
2015-09-15 15:35:29| Auto Dealers - Topix.net
Sales at U.S. retailers rose modestly in August as choosy consumers spent more on new cars and trucks and went out to eat more. Americans spent less on gasoline as prices fell again, and they also cut back on home furnishings.
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China Auto Sales: Weakness In August
2015-09-13 13:33:59| Auto Dealers - Topix.net
The China Association of Automobile Manufacturers released August wholesale data that painted a rather bleak picture of China's auto landscape. Overall, total sales fell 3% to 1.66m units, driven mostly by a 3.4% drop in passenger vehicle sales to 1.42m units.
Sam's Club Jumps into Auto Sales with TrueCar Partnership
2015-09-11 21:55:13| Auto Dealers - Topix.net
Sam's Club, the warehouse division of Wal-Mart Stores Inc., has tied up with online car-shopping service TrueCar Inc. to make a full-fledged foray into auto sales, a fast-growing business for rival Costco Wholesale Corp. Until now Sam's Club had allowed a third-party auto-buying service to market cars through its website but had not operated its ... (more)
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Auto sales in China shrink during August
2015-09-11 19:49:05| Auto Dealers - Topix.net
China's auto sales declined in August for a third month but some brands reported gains following a market downturn that shook the global industry. Sales of sedans, SUVs and minivans fell 3.4 percent from a year earlier to 1.4 million vehicles, according to an industry group, the China Association of Automobile Manufacturers.
Pickup trucks lead the charge: O.C. auto sales climb 9.3% in July
2015-09-09 20:57:21| Auto Dealers - Topix.net
Chrysler, Chevy, Ram, GMC, Lincoln, Mazda, Mitsubishi and Volvo saw increases in sales, as did luxury brands Land Rover, Lexus, Mercedes and BMW. It wasn't good news for all auto dealers, though.
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