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Inside this issue
September U.S. Auto Sales Down 0.5 Percent Even as Discounts Rise
Video: Nissan, Toyota U.S. Sales Up in September
Mercedes Pads Lead as Deals Fail to Lift BMW
BMW Says It Plans to Offer Electric X3 SUV and Mini Models
Car Dealers Association Donates 14 Tahoe SUVs to Dallas Police Department
Top Stories
September U.S. Auto Sales Down 0.5 Percent Even as Discounts Rise

Major automakers posted September U.S. sales on Monday that were slightly lower than a year ago, despite big consumer discounts, as pickup truck volumes fell for both General Motors Co. and Ford Motor Co. Research firm Autodata Corp showed total industry sales at 1.44 million vehicles, down 0.5 percent for a seasonally adjusted annualized rate of 17.76 million from 18.05 million in September 2015. GM, the top-seller in the United States, posted a 0.6 percent decline. Ford reported an 8 percent drop, and Fiat Chrysler Automobiles was down 1 percent. Shares of the three Detroit automakers rose, led by GM with a 0.8 percent gain.
Source: Reuters

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Video: Nissan, Toyota U.S. Sales Up in September

Japanese automakers Toyota Motor and Nissan Group posted U.S. sales increases in September. Honda sales were flat, despite projections of an overall industry decline for the month. Toyota's sales rose 1.5% for the month to 197,260 vehicles. Nissan Group posted a surprisingly strong month for U.S. sales in September. Analysts a had projected Nissan sales declines for the month. With gas prices steady at slightly more than $2-per-gallon nationally, consumers are flocking to bigger, more profitable vehicles and ditching small cars
Source: USA Today

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Mercedes Pads Lead as Deals Fail to Lift BMW

Mercedes-Benz outsold luxury-auto competitors in the U.S. in September, adding to its lead for the year as demand for its SUVs and crossovers helped overcome a surge in incentive spending by BMW. The Daimler AG unit reported deliveries of 29,500 vehicles last month, up 1.7 percent from a year earlier. Toyota Motor Corp.’s Lexus said sales rose 2 percent to 25,801 and BMW AG’s namesake brand posted a 4.6 percent decline to 25,389.
Source: Automotive News

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BMW Says It Plans to Offer Electric X3 SUV and Mini Models

German luxury auto maker BMW AG said on Friday it will offer all electric versions of its next generation BMW X3 compact sport utility vehicle and electric Mini models, expanding its entries in the emerging electric luxury vehicle market. BMW confirmed a report earlier Friday by Bloomberg News. BMW faces increasing pressure from German rivals Daimler AG and Volkswagen AG as well as Tesla Motors Inc. of the United States, which have outlined aggressive plans to court affluent buyers - and respond to regulators - with new electric vehicles.
Source: Reuters

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Car Dealers Association Donates 14 Tahoe SUVs to Dallas Police Department

The Dallas-Fort Worth New-Car Dealers Association, responding to the deaths of five police officers in an ambush downtown on July 7, donated 14 Chevrolet Tahoe SUVs and other equipment worth $1 million to the Dallas Police Department on Friday. The Tahoes will be used for Patrol Emergency Response Tactical Teams and will be outfitted with armored doors, a tactical box, computer, police radio, lights, shields and helmets. "These vehicles and the additional donation for protective equipment will be used by officers assigned to our patrol emergency response team, who respond to some of the most critical and dangerous incidents in the city," Police Chief David Brown said.
Source: The Dallas Morning News

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Past Articles
       
      Quotable
      "Aging millennials are finally forming households and having kids. They’ve been fueling the market for compact and now mid-size SUVs, and we know they aspire to luxury."

          -- Michelle Krebs, a senior analyst at AutoTrader, commenting on auto sales trends, Bloomberg, Oct. 3

       
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