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Russian car sales may fall up to 35% in 2015, PwC says
2015-02-09 13:25:12| Auto Dealers - Topix.net
Russian new-car sales are expected to decline by 25 to 35 percent this year as a weakening ruble and a sharply declining economy hit demand, accounting firm PricewaterhouseCoopers said. PwC said in a presentation that sales could reach 1.52 million to 1.75 million units, compared to 2.34 million in 2014, when registrations were down 10 percent in annual terms.
Mercedes has record January car sales as core markets jump
2015-02-06 17:36:01| Auto Dealers - Topix.net
German luxury carmaker Mercedes-Benz said on Friday sales jumped 14 percent in January to a record 125,865 models, powered by double-digit gains in Europe, China and the United States.
AutoNation Reports Strong Used Car Sales During Fourth Quarter
2015-02-05 17:56:31| AutomotiveDigest.com - Automotive Industry News
During AutoNations fourth-quarter earnings call, the company reported that its retail used vehicle unit sales for the fourth quarter of 2014 increased by 9% overall, to 53,534 units. On a same-store basis, it was at 52,546 units, a 7% increase. For the entire year, total used units sold increased up to 214,910, a 9% increase. AutoNations new vehicle sales were only slightly better during 2014 with a 9% overall increase in sales at 318,008 units in 2014, or, on a same-store basis, a 7% increase with 311,128 vehicles sold. The Article AutoNation Reports Strong Used Car Sales During Fourth Quarter appeared first on Automotive Digest.
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UK car sales grew 7% in January but slowdown looms
2015-02-05 16:27:43| Auto Dealers - Topix.net
UK new-car registrations rose by 6.7 percent in January to their highest level for that month since 2007, but industry watchers expect growth to slow down during the rest of the year. Sales in January were 164,856, compared to 154,562 in January 2014, the Society of Motor Manufacturers and Traders said in a statement today .
German car sales rise as Europe rebound continues
2015-02-04 12:05:34| Auto Dealers - Topix.net
German registrations increased to 211,337 vehicles last month, the KBA federal transport authority said today. Sales grew even though January had one working day less than the same month last year.
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