Browsing: sales

Strong sales of high-end vehicles pushed average transaction prices (ATPs) to nearly $50,000 in December 2024, according to Cox Automotive.

Ford’s second-quarter sales report reflects growing customer interest in its diverse vehicle lineup, with hybrid and electric vehicle sales experiencing significant growth.

A surge in demand from affluent young buyers is driving record sales for luxury carmakers Lamborghini and Mercedes-Maybach in India, prompting expansion plans.

Lamborghini and Mercedes-Maybach are expanding in India as sales of super-luxury cars reach record levels, fueled by a new generation of wealthy consumers.

Ford’s electric vehicle division reported a significant loss as hybrid sales increased, highlighting the evolving automotive market.

Lamborghini achieved record sales and revenue in 2024, driven by hybrid models and a focus on new demographics and the EV market. CEO Stephan Winkelmann discusses the company’s strategy for sustainable growth.

Lamborghini’s CEO, Stephan Winkelmann, has expressed concerns about the potential effects of U.S. tariffs on the luxury sports car maker’s revenue, despite the company’s strong financial performance in the previous year.

Despite strong financial results and record sales, Lamborghini’s CEO expresses concern over potential US tariffs and a contracting luxury market.

Volvo Cars reports a 1% increase in overall car sales for February, though sales of fully electric vehicles declined.

Tesla’s sales across Europe, particularly in Germany, have fallen sharply, coinciding with increasing criticism of CEO Elon Musk’s political activities.