Auto Dealers Are Upbeat on U.S. Sales for 2011

The nation’s leading trade association for car dealers says it now sees industry sales of nearly 13 million vehicles this year, topping last year’s by 12%. The rise is attributed to pent-up demand, loosening credit and a rising…

BMW’s Sales Speed Past Its German Rivals’ in November

BMW saw its sales jump 20% in November, driven by growth in Germany, China and the U.S. The German automaker sold more cars than the Mercedes-Benz or Audi brands. Its sales growth for the year so far also is outpacing that of i…

Toyota to Offer Rebates on Lexus Models to Boost Sales

Seeking to boost sales of Lexus brand vehicles, Toyota plans to offer rebates of up to $3,000, as well as subsidized financing on certain models, company executives told a gathering of Lexus dealers from across the country this…

Ford May Shutter 200 Lincoln Dealerships

In a bid to better compete against European and Japanese luxury makes, Ford reportedly may seek to reduce the number of Lincoln dealerships in the U.S. Nearly 1,200 dealers sell Lincolns, five times more than sell Toyota’s Lexu…

Bentley Recalls 596 Cars Over Unsafe Hood Ornaments

Recalling luxury cars to fix faulty hood ornaments might sound like a joke, but ultra high-end automaker Bentley Motors isn’t dismissing reports that its famous “flying B” metal emblem on some models may fail to collapse in a c…