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Archive for the ‘Sales’ Category

All-New Honda Passport Set for LA Debut

Old name for a new truck.

by Paul A. Eisenstein on Nov.15, 2018

Honda says the new Passport will make its debut at the Los Angeles International a

It may not mean much to Millennials, but older motorists may get a sense of déjà vu when Honda lifts the covers on the all-new Passport SUV at the upcoming Los Angeles Auto Show.

Set to slot in between the Japanese automaker’s CR-V and Pilot models, what appears to be a three-row crossover borrows the name of what was Honda’s first-ever utility vehicle, a five-door that was actually produced by erstwhile rival Isuzu and sold in the U.S. under the Honda badge between 1993 and 2002.

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The new Honda Passport was designed and engineered – and will be assembled – entirely in-house, and will become the fourth model in the brand’s CUV line-up, lining up in Honda dealerships next year alongside the entry-level HR-V, as well as the CR-V and Pilot.

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Automakers on Edge Over Possibility of New Tariffs

Commerce Dept. findings key to Trump administration's plans.

by Joseph Szczesny on Nov.14, 2018

Commerce Secretary Wilbur Ross is leading the Section 232 investigation into whether or not imported automobiles and parts represent a threat to the United States.

While the U.S. midterm elections have passed, carmakers are waiting on a final decision from the Trump administration on the Section 232 investigation. Section 232 of the Trade Expansion Act of 1962 allows the White House to use national security grounds to impose tariffs on vehicles and auto parts imported into the U.S.

The industry’s lobbyists have said they were expecting the U.S. Department of Commerce, which is responsible for the investigation, to issue its ruling soon, perhaps this week well ahead of the February deadline fixed by the statute. The general assumption is the report will offer Trump a chance to impose new tariffs on autos and auto parts made in Europe and Asia.

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The 232 query has become a major issue for the Japanese government of Shinzo Abe, which has spent weeks trying to defuse the administration’s threat to impose tariffs that could have a major impact on the Japanese auto industry. (more…)

Chinese Automaker Zotye Planning to Sell SUVs in US by 2020

Maker, which partners with Ford in China, doesn't specific what SUV.

by Michael Strong on Nov.13, 2018

Could this be Zotye's first entry in the U.S. market in 2020? An SUV will be first, the company said today.

The race to be first is getting tighter as a new contestant has entered the fray: Zotye Automotive says it will begin selling SUVs in the U.S. in 2020.

Zotye sells several SUV models in China, but did not reveal which one it plans to export to the U.S. Until today, it was best known as one of Ford Motor Co’s partners in China, but the two companies are not working together on this project, according to officials on both sides.

Global News!

The Chinese firm is establishing its U.S. sales and distribution arm in Lake Forest, California, and plans to sell vehicles in the United States through franchised dealers. Zotye USA is owned by HAAH Automotive Holdings, headed by President and Chief Executive Duke Hale, who has held top spots at several automotive import companies. (more…)

Lexus Launches Key Holiday Advertising Campaign

The originator of the "holiday" sales push, kicks off its latest round.

by Joseph Szczesny on Nov.13, 2018

Lexus, which essentially originated the holiday season ad campaigns for automakers, is kicking off its latest round of ads.

The traditional American holiday season, stretching from Thanksgiving to New Year, has long been marked by parties, celebration and football but in recent years it also has become a critical period for selling cars, SUVs and trucks.

For the 19th consecutive year, Lexus, one of the brands instrumental helping make the holiday season in into a major period for marketing vehicles, is launching its annual “December to Remember” Sales Event this week.

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The marketing campaign began with three national spots, showcasing how the gift of a Lexus during the holidays offers experiences throughout the entire year. It has since been copied by others in the industry such as Mercedes-Benz and GMC. (more…)

Toyota Teases New 2020 Corolla

Critical debut comes as Japanese automaker considers paring back passenger car line-up.

by Paul A. Eisenstein on Nov.12, 2018

Toyota will pull the wraps off the new Corolla during a webcast at 7 PM PST Thursday.

Earlier this month, Toyota’s top U.S. executive confirmed that the automaker is considering ways to pare back its passenger car line-up as the market continues shifting to SUVs – but you won’t see the long-popular Corolla going away any time soon, as this new teaser image suggests.

Toyota isn’t saying much beyond promising that, “The world’s most popular car is about to get greater than ever,” with the Japanese automaker set to reveal the 12th-generation sedan version of the Corolla during a livestream webcast on Thursday, Nov. 15 at 7 p.m. Pacific time.

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Toyota clearly needs to rebuild the buzz for the compact Corolla which has been around in sedan form since 2014. Sales fell 11.6% during the calendar-year-to-date, and 14.2% in October alone – and that’s despite supplementing the familiar sedan version with a hatchback model this past year.

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Daimler, Bosch Partner as Latest to Offer Self-Driving Ride-Sharing Service

Pilot set to launch in San Jose in late 2019.

by Paul A. Eisenstein on Nov.09, 2018

Daimler and Bosch will led pilot users ride in comfort, in modified Mercedes-Benz S-Class sedans.

Daimler AG, the parent of Mercedes-Benz, has announced plans to launch an autonomous ride-sharing pilot program in San Jose, California starting late next year.

The carmaker, along with one of its lead technology suppliers, becomes the latest to enter a space that is expected to account for a significant share of the miles Americans clock on the roads each year by the end of the next decade. Waymo, the Google spin-off, is set to transition its own pilot program to a commercial venture this year, while General Motors is looking to launch a similar service.

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“The pilot project is an opportunity to explore how autonomous vehicles can help us better meet future transportation needs,” said San Jose Mayor Sam Liccardo.

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First Drive: 2019 Chevrolet Silverado RST Crew Cab

Laden with new tech, plenty of power and impressively quiet.

by Joseph Szczesny on Nov.09, 2018

GM is counting on the 2019 Chevrolet Silverado RST to be competitive in the full-size pickup sales battle.

The auto industry is a global industry and highly competitive. But few segments of the business are anywhere near as competitive as the pickup truck market in U.S. where Ford, Ram, Chevrolet and their respective corporate managers are engaged in intense contest for sales and bragging rights.

The contest of has gotten even more intense lately as all three manufacturers have introduced new trucks.

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I recently got to drive the new 2019 Chevrolet Silverado – a four-wheel-drive RST Crew Cab Silverado to be precise – and it is far cry from the old trucks that have helped make the American pickup into something of a legend and the object of enormous affection and desire. (more…)

Used Vehicle Prices Rising, Pushing Buyers to Look at Leasing

Rising interest rates hastening trend.

by Michael Strong on Nov.09, 2018

Used car shoppers are finding higher prices than ever for vehicles.

New vehicle prices have reached all-time highs this year and now used vehicles, the haven for car buyers looking for a deal, have now joined new cars, setting a new pricing benchmark.

The average price of a used vehicle is now $20,084, the highest since 2005 and a 3.5% increase year over year, Edmunds notes, adding that increase is rising as it jumped to 5% in Q3. American preferences for expensive new trucks and utility vehicles pushed new vehicle prices over the $36,000 mark, according to Cox Automotive.

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In short, buyers are paying more for a vehicle and with interest rates rising, the options for cutting down that monthly payment are getting tougher. (more…)

Volvo’s Care Subscription Program Key to Growth Plans

VCNA chief acknowledges reliability concerns but says problems, warranty costs, are tumbling.

by Paul A. Eisenstein on Nov.08, 2018

Volvo Cars North America CEO Anders Gustafsson with images of some of the first workers at the automaker's new Charleston plant.

U.S. new vehicle sales are on course to post their second consecutive decline as 2018 draws to a close, but you’d have a hard time telling that if you were just looking at Volvo’s numbers.

The Swedish automaker has posted a 27% jump in demand through the end of October and, with more products ready to land in U.S. showrooms, Volvo Cars USA CEO Anders Gustafsson said Thursday he is optimistic the company can keep its momentum growing.

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Several factors could give meaning to his forecast, including not just the launch of the new Volvo S60, but the start of production at the Chinese-owned automaker’s first U.S. assembly plant in Charleston, South Carolina. Then there’s Care by Volvo, the subscription program the carmaker launched late last year.

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Hyundai Set to Debut New Large Ute – Palisade – at LA Auto Show

New seven-passenger ute coming to U.S. next year.

by Joseph Szczesny on Nov.08, 2018

Can you guess the name of Hyundai's newest member of its SUV line-up? Yup. Palisade.

Hyundai continues to expand its SUV portfolio, looking to turn around sluggish sales after missing the utility craze by a few years. The new three-row sport utility vehicle is named Palisade and hits dealer showrooms next year.

Mike O’Brien, Hyundai vice president of product, corporate and digital planning, said the new name carries with it connotations of luxury strength and safety.

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“The Palisade is place and a fortress,” he said, recounting that a Palisade can mean either a place with towering cliffs topped either by a castle or expensive homes. A palisade also means a fortification, he said. (more…)