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Audi cuts global car sales outlook on China

2015-07-30 15:51:57| Auto Dealers - Topix.net

Audi lowered its global sales forecast for this year because of slumping demand in China, the premium brand's biggest market. The Volkswagen Group unit said today in a statement it expects global deliveries to increase between 3 and 4 percent this year from the record 1.74 million sales in 2014.

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Luxury car sales in Miami rise with prices

2015-07-22 06:41:14| Auto Dealers - Topix.net

Average sale prices rose in Miami-Dade County's luxury car market within the past year and the sales followed suit, according to quarterly market reports by Dominion Enterprises, a Virginia-based firm that tracks auto dealership sales nationwide. Within the near-luxury category, comprised of models like the Lexus ES 350 and BMW 3 Series, sales jumped to 3,731 this past quarter compared to 2,839 during the same time period last year.

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FTI slashes car sales to 850,000 units

2015-07-22 04:30:40| Auto Dealers - Topix.net

Poor economic prospects have prompted the Federation of Thai Industries to officially cut its domestic car sales projection to 850,000 units this year, marking a contraction for three years in a row. Surapong Paisitpatanapong, spokesman for the FTI's automotive industry club, said Thailand could see sales of only 740,000 units this year in the worst-case scenario.

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European car sales surge 15 percent in June

2015-07-19 23:06:19| Auto Dealers - Topix.net

European auto sales surged 15 percent in June, the biggest month-on-month increase in more than five years, the European carmakers' association reported Thursday. Still, analysts remained cautious amid economic uncertainty caused by the Greek financial crisis.

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Ramadan boosts GM car sales by 21 percent in Middle East

2015-07-19 12:34:46| Auto Dealers - Topix.net

It appears to be another strong year for consumer spending on big ticket items in Ramadan if the latest figures from General Motors Middle East are anything to go by. Sales of Chevrolet, Cadillac and GMC vehicles have collectively seen a 21 percent boost for the month of June when compared with the same month last year.

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