Toyota Posts Impressive Sales Results for Q1 2025
According to new data released by Toyota, it is clear that the Japanese automaker continues to strengthen its market position. In the first quarter of 2025, Toyota sold over 2.5 million vehicles worldwide, which is a 15% increase compared to the same period last year.
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Moderate Rebound in US Retail Sales in February 2023
Retail sales in the United States showed a moderate increase in February 2023 despite persistent inflation and high interest rates that continue to pressure consumers. According to the U.S. Department of Commerce, retail sales rose by 0.3% compared to January, a positive signal for the economy considering the challenging conditions faced by American households.
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BMW XM: Deepening Global Market with New Sales Goals for 2024
BMW has announced its ambitious plans to increase global sales of the XM SUV model in 2024. This high-performance crossover, released in 2023, is designed to occupy the top positions in the luxury SUV segment, offering customers a unique blend of luxury, power, and modern design.
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Volkswagen Takes Action Against Poor-Performing Dealerships
Volkswagen, the renowned German automobile manufacturer, has decided to file a lawsuit against 200 of its dealerships in the United States that have been underperforming in sales and overall metrics. This action comes in response to the growing concerns within the company that some dealerships are not only failing to meet their goals but are also damaging the brand's image.
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Decline in Ford Mustang Sales: New Challenges for the Legendary Sports Car
According to recent data, Ford Mustang sales continue to decline, raising concerns among loyal fans of this sports car. In the first half of 2023, sales fell by 13% compared to the same period in 2022. This drop has become particularly noticeable against the backdrop of an overall growth in the automotive market, where many manufacturers are seeing increased consumer interest.
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Unexpected Drop in Truck Sales: Dealer Raises Alarm Over Tariffs
The situation in the truck market is becoming increasingly concerning. A well-known dealer in the USA, Klain Lewis, expressed alarm over the sharp decline in interest in purchasing trucks. Speaking at an exhibition, Lewis noted that his company is observing a significant decrease in sales, leading to numerous problems, including the need to lower prices for their products.
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Carvana's New Car Sales: A Step Forward in the Industry
The platform Carvana, known for its innovations in the buying and selling of used cars, has made a significant leap forward by partnering with several dealerships to sell new cars. This business model distinction allows Carvana to expand its services, offering customers not only used vehicles but also new cars, an ambition that precedes the company’s goal of becoming a market leader.
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US Home Sales Hit Record Low as Pending Deals Decline
According to the latest data, home sales in the United States fell to a record low in January 2023, reflecting the ongoing impact of rising mortgage rates and high inflation. Market research indicates that the number of pending home sales dropped by 9% compared to the previous year, marking the lowest level since record-keeping began. Real estate experts point out that continuing economic stress is putting pressure on consumers, which in turn affects housing demand.
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Declining Interest in Mitsubishi Cars: Dealers Losing Hope
The need for reforming Mitsubishi Motors' business model is becoming increasingly evident as dealers across the United States begin to lose interest in collaborating with this brand. According to recent reports, many car shops and service stations are terminating their activities as official representatives of Mitsubishi, with the reasons rooted in continuously declining sales and insufficient support from the manufacturer.
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Maserati Sales Surge in 2024: Brand on Track for Record-Breaking Year
This year, Maserati is showcasing impressive sales results, indicating a growing interest in the iconic Italian brand. In the first nine months of 2024, Maserati managed to sell over 18,200 vehicles, marking a 47% increase compared to the same period last year. This significant growth occurred due to the successful launch of new models like the Maserati Grecale, which quickly gained popularity among consumers.
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