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Europe's car sales to rise again; little backlash expected from VW scandal

2016-01-04 07:19:22| Auto Dealers - Topix.net

VW Group's emissions scandals are not expected to have a negative effect on Europe's overall vehicle sales this year. Photo credit: Reuters Europe's car market is set to expand this year for the third straight year driven by a continued recovery of key southern European economies, following a strong 2015 that topped even the most bullish expectations of analysts and forecasters.

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Mike Copeland: New car dealerships, holiday sales taxes, 2015 review

2016-01-03 21:45:20| Auto Dealers - Topix.net

The new Alfa Romeo-Fiat dealership going up at West Loop 340 and Bagby Avenue, on Waco's "Motor Mile," likely will open in May. That's according Billy Martin, who will serve as general manager of the 22,000-square-foot dealership that longtime car dealer Allen Samuels will own. Martin said in a phone interview the facility likely will employ between 30 and 40 people in the beginning and will have 225 to 250 new and used vehicles on display at any given time.

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Domestic car sales will shrink, imported cars will flourish: research

2016-01-03 13:26:22| Auto Dealers - Topix.net

Reflecting global economic woes, the Korean car market is expected to shrink this year, but with robust sales in the sport utility vehicle sector, a local think tank has suggested. "This year, a total of 1.76 million units of cars are expected to be sold in Korea, which is about 3.1 percent down from 1.82 million in 2015," said Park Hong-jae, chief of the Korea Automotive Research Institute.

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car sales could set new records in 2016

2016-01-01 17:34:29| Auto Dealers - Topix.net

Sales of cars and light trucks in the U.S. likely set a record for 2015 at around 17.5 million vehicles, leading to the question of whether auto makers this year might eclipse the 18 million vehicle mark. Economic signs point to 2016 being the healthiest domestic auto industry in decades thanks to an improving labor market and low interest rates greasing U.S. demand.

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Car Sales Poised to Climb in 2016

2016-01-01 16:29:37| Auto Dealers - Topix.net

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