Tag Archive | "BMW"

BMW Recalling Certain Diesel Vehicles

According to a filing with the National Highway Traffic Safety Administration, BMW is recalling certain model year 2009-2012 X5 xDrive 35d SAV diesel vehicles manufactured September 1, 2008, through November 15, 2012. The engine belt idler pulley bolt could loosen and break over time, which may cause the vehicle to unexpectedly lose power-assisted steering, increasing the risk of a crash.

BMW is notifying notify owners, and dealers will replace and tighten the idler pulley bolt. The recall is expected to begin during January 2013.

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New-Vehicle Sales Up 13.8 Percent Through October

October sales were up 13.8 percent through October, according to Autodata Corp. Year over year, sales were up 6.9 percent, while October’s seasonally adjusted annual rate came in at 14.29 million units — down from last month’s 14.94 million reading but up from October 2011’s 13.34 million SAAR.

Several automakers, including Volkswagen, reported record sales for October, while Toyota and BMW realized major sales gains vs. a year ago. Nissan and Hyundai attributed their sales declines to Hurricane Sandy.

Audi: The German automaker reported its 22nd consecutive month of record sales in October, posting a 14.5 percent sales increase from a year ago. Sales totaled 11,708 units. On a year-to-date basis, Audi sales increased 18.1 percent vs. 2011, with 112,402 units sold.

BMW: The BMW Group sold 32,339 units in October, up 18.5 percent from October 2011. On a year-to-date basis, sales were up 8.4 percent, with 267,267 units sold so far this year. BMW brand sales increased 20.9 percent vs. a year ago, with 26,451 units retailed for the month.

Chrysler: The domestic automaker has already topped its total sales for 2011, recording a 10 percent increase vs. a year ago. Sales for October totaled 126,185 units. The achievement also marked the 31st straight month of year-over-year sales gains.

Ford: Total U.S. sales for the company were unchanged from a year ago, but retail sales were up 2 percent compared to October 2011. Sales in October totaled 168,456 units, with car sales increasing 2 percent. Sales of utility vehicles were up 2 percent, while F-Series pickup sales were up 8 percent, Econoline sales were up 19 percent and Transit Connect sales were up 22 percent.

General Motors: GM posted its highest October sales in the U.S. market since 2007, with sales totaling 195,764 units — a 3.6 percent rise from a year ago. Passenger cars realized a 15 percent sales increase vs. a year ago. All of GM’s brands increased their retail sales — Chevy by 4.6 percent, GMC up 7.5 percent, Buick up 15.4 percent and Cadillac up 16 percent.

Truck sales were up as well, with crossover sales climbing 3 percent and full-size pickup sales up 8 percent from a year ago.

Honda: The Japanese carmaker posted an 8.8 percent sales gain in October vs. a year ago, with 106,973 units sold. The Honda division sold 94,810 vehicles, up 8.7 percent from October 2011, while Acura’s sales totaled 12,163 units, up 9.4 percent from the same period last year.

Top sellers included the Accord, with 28,349 units sold, a 25 percent increase from a year ago. Civic sales were up 27 percent, with 20,687 units sold, while the CR-V, Crosstour, Ridgline and Fit all recording sales gains in October.

Hyundai: Sales for the Korean automaker totaled 50,271 units in October, a 4 percent decline from a year ago but an 8.2 percent increase on a year-to-date basis. In a press release, Dave Zuchowski, executive vice president of sales, attributes this decline in October to the difficulties caused by Hurricane Sandy.

Mazda: The automaker reported a 1.6 percent increase in sales vs. a year ago, with sales for October totaling 18,622 units. On a year-to-date basis, Mazda’s sales were up 8.8 percent on 228,104 units sold. The Mazda3 realized a 34 percent increase vs. October 2011, with 9,518 units sold. The company reported that its SKYACTIV technology accounted for 81.5 percent of its monthly sales.

Mitsubishi: Total sales for the manufacturer were down 9.1 percent from a year ago on 3,981 units sold. Sales of the Outlander Sport spiked 17.9 percent compared to a year ago with 1,675 units sold, marketing the model’s second best sales month since it hit the market two years ago.

Nissan: Down by 3.2 percent from last October, Nissan sales totaled 79,685 units in October. Al Castignetti, vice president of the Nissan Division, credits this drop to the major disruption caused by Hurricane Sandy on the East coast. The top seller for October was the Versa with 8,311 units sold.

Toyota: The Japanese automaker sold 155,242 units, a 15.8 percent increase vs. a year ago. Toyota reported a 16.8 percent increase on a “daily sales rate” basis vs. the same period a year ago. The Toyota division sold 77,520 units for the month, up 24 percent from last year, while Lexus sales rose 15.2 percent to 11,647 vehicles sold. Hybrids recorded a 69.7 percent sales increase from last year with 24,065 units sold.

Volkswagen: Volkswagen had its best October sales since 1972, with 34,311 units sold, up 22.4 percent from October 2011 and 35.6 percent on year-to-date basis. The carmaker also realized its 26th consecutive month of year-over-year growth. The Passat and Tiguan each reported record sales for October, rolling 8,355 and 2,752 units, respectively.

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BMW May Have Inflated July Sales Totals To Edge Out Mercedes As Top Luxury Brand

DETROIT – According to a Wall Street Journal (WSJ) report yesterday, BMW might have artificially inflated it’s sales numbers to beat out rival Mercedes-Benz for the current month’s title of most luxury cars sold.

The report noted that BMW might have listed demo unit cars as sold in July, but that those vehicles are still on showroom floors being listed as new vehicles. The company made a special offer to dealers on July 31. For one day only, the dealers would receive discounts of as much as $7,000 per 2012-model car as long as each vehicle was reported as sold that day, said the report.

BMW spokesman Ken Sparks told the WSJ that the company doesn’t break out demo units – cars that are kept on the lot for test drives – separate from it’s other figures. He declined to comment on the reports that this practice inflated sales numbers.

On Aug. 1, BMW reported July sales spiked for the vehicle types eligible for the demo discounts. It sold 1,696 of its 7 Series sedans in July, the highest monthly total so far this year, and triple the June total of 539. For the 3 Series coupe, which had demo discounts totaling $3,200, sales climbed to 2,555 cars, up from 1,222 in June and that vehicle’s highest total for the year. Dealers told the WSJ they believe a few thousand BMW vehicles were sold as demos. The auto maker reported it sold 21,297 vehicles in July compared with 19,312 for Mercedes.

One reason for the practice, the WSJ reported, is that dealers want to show they are clearing out 2012 inventory, so they will be given a larger percentage of the 2013 models currently in production. “If you don’t sell the cars in North America, they’re going to send them to China,” Internet salesman Justin Wong said. “Everybody is fighting for allocation.”

The discounts at the end of last month ranged last month from $2,500 on the 528i rear-wheel and all-wheel drive sedans to $7,000 for any 7 Series sedan, according to a memo BMW sent to dealers, a copy of which was reviewed by the WSJ.

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SAAR Climbs Above 14 Million-Unit Mark in June

After falling below the 14 million-unit market in May — the lowest level since December 2011 — the seasonally adjusted annual rate in June climbed to 14.08 million units, according to figures released by AutoData Corp. Compared to June 2011, sales increased by 22.1 percent, with the industry delivering 1.29 million units last month. Reporting significant gains were Chrysler and Volkswagen, while Japanese makes continued to recapture market share lost after last year’s earthquake and tsunami in Japan.

BMW: The BMW Group reported a 3.2 percent increase in sales in June vs. a year ago, with sales topping out at 27,720 units. Year to date, BMW brand sales were up 11.3 percent, while MINI USA’s June sales climbed 14.7 percent (5,995 sales) from June 2011, marking new records for June and year-to-date sales for the German automaker.

Chrysler: The domestic automaker realized its best June totals since 2007. Chrysler reported a 20 percent increase in sales vs. a year ago with 144,811 units sold. For 27 consecutive months, the carmaker has topped its year-over-year results.

Jeep delivered 28 percent more Wrangler models than last year (14,461 units sold), while Fiat reported selling 6,971 300 models. Chrysler’s biggest seller was the Ram pickup, with 22,951 units sold in June, 1,589 more than June 2011.

Ford: Sales jumped 7 percent in the U.S. market from last year, with 207,759 vehicles sold. Year to date, the company has sold 1.14 million vehicles, a 6.6 percent increase vs. the year-ago period. Maintaining its spot as Ford’s best seller was the F-Series pickup, which, with 55,025 units sold (up 11 percent from June 2011), accounted for nearly a quarter of the carmaker’s monthly sales.

Car sales were up 3 percent vs. a year ago, while trucks were up 9. Sales of the Ford Escape were up 28 percent vs. a year ago — the model’s best month ever at 28,500 units sold — while the Fusion set a new sales record for June. Ford Explorer sales were up 35 percent from last year.

General Motors: The Detroit automaker reported a 16 percent increase in sales for June vs. a year ago. Sales totaled 248,750 units sold, marking the best sales month for the company since 2008.

Chevrolet, Buick, GMC and Cadillac each reported double-digit increases. Driving the 12 percent year-over-year jump in passenger vehicles for the company were Chevrolet Buick and Malibu, which realized sales increases of 32 and 21 percent, respectively, from a year ago.

Honda: The Japanese automaker realized its best June since 2008, with American Honda delivering 124,808 units last month, a 48 percent increase from June 2011. The Honda division realized a 45.6 percent surge vs. last year, as Acura sales increased 76.5 percent compared with the year-ago period. Sales of the Honda Accord topped 28,000 units, a more than 80 percent jump from June 2011. The CR-V recorded another record -breaking month, while Acura sales totaled 15,370 units — the automaker’s best June sales month since 2007.

Hyundai: Despite a slight softening in May, the Korean carmaker recorded its best June ever and beat its all-time sales record for the first half of 2012. Hyundai Motor America sold 63,813 units in June, up 8 percent vs. last year. Year to date, the automaker’s sales were up 10 percent, while retail sales alone were up 13 percent. The Azera maintained strong sales, realizing a 350 percent sales gain vs. last June, with 1,001 units sold. Sales of the Accent spiked 57 percent, while sales of the Sonata jumped 12 percent vs. a year ago.

Mazda: Compared to a year ago, Mazda sales climbed 3.1 percent to 19,911 units delivered in June. Sales for the first half of the year were up 17.5 percent vs. the year-ago period, with 143,797 cars sold. Realizing its best sales month since 2008, Mazda3 sales totaled 8,835 vehicles sold. Also experiencing its best sales month in four years was the Mazda MX-5, with 659 vehicles sold. Officials said the company will double production capacity in Japan for its SKYACTIV technology, which accounted for 55 percent of Mazda’s total sales in June.

Mercedes-Benz: The German automaker realized a 7.6 percent growth in sales last month vs. a year ago, with 22,231 vehicles sold. Not only did the company post an all-time sales record in the U.S. market, it achieved its highest half-year sales in the company’s 47-year history. The C-, E- and M-class models were among the brand’s top-sellers in June. The C-class led the way with 6,506 units sold, while the E-class recorded 5,589 units sold and sales of the M-class totaled 2,891 units.

Mitsubishi: For June, Mitsubishi Motors North America reported a 34 percent decrease in sales from the year-ago period, but sales of models currently in production were up 10.2 percent. Leading the way was the Outlander Sport CUV, which saw sales rise 13 percent from a year ago to 1,461 units. Year-to-date sales of the Outlander Sport were up 2.6 percent. Lancer Evolution sales also continued to grow, rising more than 31 percent in June vs. a year ago. Year-to-date sales were up more than 35 percent. Additionally, sales of the Galant sedan were up 116 percent for the month and up 3.1 percent year to date.

Nissan: The North American division realized a 28.2 percent increase in June, with 92,237 units sold vs. 71,940 a year ago. Nissan Division accounted for 81,801 of the brand’s sales in June, up 24.6 percent from 2011’s 65,659 vehicle sales. Infiniti reported sales of 10,436 units for June 2012, marking a 66.1 percent increase vs. last June’s 6,281 units.

Toyota: Compared to a year ago, sales for Toyota Motor Corp. surged 60.3 percent from a year ago, with 177,795 units sold. Sales of the Toyota Camry, the marques top seller, climbed 50.2 percent with 32,107 vehicles delivered. Sales of the Prius jumped from 4,340 units in June 2011 to 19,150 units sold in June 2012. The Corolla realized a 41.2 percent sales gain vs. a year ago, with 26,647 vehicles sold.

Volkswagen/Audi: The American division reported a 34.2 percent sales increase in June 2012 vs. the year-ago period. Year to date, the manufacturer realized a 35.4 percent increase — the company’s best monthly performance since 1973. Audi accounted for 12,664 of June’s sales, while the Volkswagen Passat sold 10,252 units — the model’s fourth month of sales of more than 10,000 units.

Additionally, the German carmaker sold more than 38,000 vehicle in the first half of the year, company officials touted.

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SAAR Dips in May Despite 25.7 Percent Sales Increase

Despite the annual sales rate dipping from 14.42 million in April to 13.78 million, May retail sales were 25.7 percent higher than May 2011, according to Autodata Corp. Leading the way were General Motors, Ford and Toyota, with each carmaker eclipsing the 200,000-unit mark last month.

BMW: The German automaker realized its best May sales since 2008, selling 28,345 vehicles — a 7.1 percent increase vs. a year ago. To date, the BMW Group has sold 130,973 units in 2012, a 12.2 percent increase vs. 2011. Leading the way were the 5 Series, up 45.3 percent to 6,102 units; the 6 Series, up 159.9 percent to 725 units; and the Sports Activity Vehicle segment, up 23.8 percent to 6,939 units.

Chrysler: The domestic carmaker realized a 30.1 percent sales gain in May, its strongest sales gain since 2007. Chrysler sold 150,041 units. On a year-to-date basis, retail sales are tracking 32.7 higher than a year ago, with 689,257 units sold.

Sales for Fiat were 127.6 percent higher than last year, with 4,003 units sold. Year to date, sales are up 431.7 percent, with 16,702 total units sold.

Ford: May sales were favorable for Ford, as the domestic carmaker realized a 12.6 increase in overall sales vs. last year, with sales totaling 215,699 units. The Ford Fusion topped the list in May, with consumers driving away with a total 26,857 Fusion units. To date, Ford vended 933,179 units — a 6.5 percent jump from the previous year. Sales on light trucks increased by 16.9 percent vs. May 2011, with 135,811 units sold. Car sales managed a 6 percent boost, totaling a 79,888 units for the month.

General Motors: The company sold 10.9 percent more vehicles compared to May 2011, with 245,256 units sold. The domestic carmaker also reported a 2 percent increase for the calendar year vs. a year ago, with its dealers rolling 1.06 million units. Light trucks led the way, capturing a 17.4 increase in sales vs. a year ago, with sales totaling 144,635 truck sales. Car sales slid 2.6 percent increase, with total sales coming in at 100,621 vehicles.

Honda: Rebounding from last year’s earthquake and tsunami in Japan, Honda’s sales climbed 47.6 percent vs. the year-ago period. The Japanese carmaker reported total sales of 133,997 units. So far in 2012, Honda has sold 10.1 percent more than in 2011, with 576,174 vehicles rolling off the lots this year. Car sales led the way with 74,274 units sold — a 53.8 percent jump from a year ago. Light truck sales were up by 72.8 percent vs. May 2011 and up 13.3 percent year to date, with 259,550 Honda trucks sold this year.

Hyundai: The Korean automaker realized its best May ever, and its second best month in company history. Sales also eclipsed the 60,000-unit mark for the third month in a row in May, with officials reporting that fleet sales were mixed down to 7 percent. The Sonata (20,765) and Elantra (18,877) models led the way for Hyundai makes. So far this year, Hyundai has sold 292,856 units, up from 263,588 units sold last year.

Mazda: The automaker realized a 13.9 percent increase in sales vs. a year ago, as well as 20.2 percent increase in sales on a year-to-date basis. Sales totaled 20,357 units in May and 123,886 for the year. While car sales remained nearly identical to last year, selling only six more vehicles this May vs. last, truck sales improved by 44.6 percent for the month, with 8,067 rolling off dealership lots. Truck sales this year, however, are down by nine vehicles, with year-to-date sales totaling 37,176 sales. Car sales for the year totaled 86,710 units in May, up by 31.6 percent from this time last year.

Mercedes-Benz: Car sales for the German automaker are up 3.1 percent for the year, with 122,600 cars sold. For the month of May, Mercedes-Ben z brand sales were up 4 percent vs. a year ago, with 113,136 vehicles sold. Smart brand car sales fell 6.9 percent to 9,464 vehicles sold, but sales to date are up 3.4 percent.

Mitsubishi: The automaker reported the best sales month in May since Sept. 2011, but overall sales in May dropped 26.3 percent. The carmaker sold 5,575 sales in May, while year-to-date sales total 27,462 units. Car sales dropped 30.1 percent in May vs. a year ago, while truck sales fell 18.6 percent vs. a year ago.

Nissan: Realizing a 20.5 percent boost in sales vs. May 2011, the automaker rolled 91,794 vehicles for the month. Nissan retailed 12.1 percent more cars year to date, with 485,484 units sold. Sales of Nissan cars inched up 5 percent in May, with 55,129 units sold. Trucks fared significantly better, with the carmaker realizing a 55 increase vs. last May, with 36,665 trucks rolling off dealer lots. Year-to-date sales in May increased 6.3 percent for cars and 24.5 percent for trucks vs. the year-ago period.

Toyota: The Japanese automaker sold 202,973 vehicles in May, a dramatic 87.3 percent turnaround from last year, when the company was suffering through supply shortages in the aftermath of the devastating earthquake and tsunami in Japan. The company also realized a 23.7 percent increase in year-to-date sales, with 868,301 units sold so far this year. Car sales skyrocketed by 100.4 percent, with 114,043 vehicles sold in May 2012. Truck sales followed suit, jumping 72.8 percent from the year-ago period.

Volkswagen/Audi: The German automaker’s Volkswagen brand experienced a 28.4 percent increase in sales vs. a year ago, with sales totaling 38,657 units — an all-time high for U.S. sales. May’s performance also marked the 17th straight month of record sales. Audi brand sales were up 10 percent in May vs. a year ago, with 11,503 units sold.

Overall, Volkswagen realized a 23.5 percent rise in sales, with 50,407 units sold in May and a 30.1 percent boost year to date.

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BMW on Track for FY Record Sales After April Gains

Sales of BMW brand vehicles rose 7.4 percent to while Mini brand volumes edged 0.2 percent lower, according to data published by the company on Tuesday.

“Following on from the best first quarter in the company’s history, we have just reported our most successful April sales ever,” said Ian Robertson, head of sales and marketing for the BMW brand, in a statement.

“We are well on course to achieving a record year in 2012,” he added.

By comparison, sales growth at Daimler’s luxury car brand Mercedes-Benz dropped off its double-digit monthly pace, slowing in April to its lowest rate with just 3.6 percent more cars sold over the previous year’s month, according to Reuters.

Much of that was due to an 11 percent decline in volumes in China, which Mercedes blamed on limited product availability due to model changeovers.

Last week, BMW reported first-quarter profits that hit a new record high and surpassed even the most bullish analyst estimates thanks in large part to China, now it’s single biggest market. It also forecast April volumes would rise about 6 percent.

A rising class of affluent Chinese eagerly snap up luxury brands and have a particular affinity for German luxury cars, which amassed an 80 percent share of the premium market. Virtually every second 7 Series limousine, BMW’s top-of-the-line flagship, is sold in China.

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