Luxury Cars Still A Demand

Brian — Fri, 08 May 2009 06:18:28 +0000

One would think that due to recession, people would be turning towards domestic manufactured cars to save a buck. Surprisingly, that is not the case. Luxury car manufacturers such as Mercedes and BMW are still in demand and have likewise focused on producing small to midsized cars to make sure that they cover the middle-sized income earners.

According to a report released Thursday by Korea Automobile Importers and Distributors Association, Benz sold 761 cars, up by a staggering 25.8 percent from March. BMW recorded the third-highest monthly sales of 939 units, up 17.5 percent. 376 BMW 5-series mid-size sedans and 243 Mercedes-Benz E Class mid-size sedans were sold.

Domestic car manufacturers, like GM Daewoo, meanwhile, sold only 87 units of large sedan Veritas, while Ssangyong Motor sold 337 units of Chairman W, and Kia sold 748 units of Opirus. Volkswagen sold 656 cars and Audi sold 527 cars.

(Source) The Chosen Ilbo

Tags: bmw 5 series, distributors association, domestic car, GM, gm daewoo, KIA, luxury car, luxury cars, mercedes benz e class, Mercedes-Benz, mid size sedans, ssangyong motor, volkswagen

Ford Moving Up Courtesy of Ford Fusion Sales

Brian — Fri, 01 May 2009 20:27:44 +0000

Ford is thankful that it has one vehicle doing well in the market. The vehicle is their Ford Fusion and thanks to the growing popularity of this vehicle, they have moved up in the retail market share for April.

In April, the Ford Fusion paced the share performance. Fusion sales totaled 18,321, a record for any month. April was the first full month of sales for the redesigned 2010 model and the new Fusion Hybrid version, and April is believed to be the first month that Fusion was among the top three-selling mid-size sedans. Recent independent studies rate Fusion and the Mercury Milan – the most fuel-efficient mid-size sedans in America – as having the best predicted reliability among all mid-size sedans.

The new Fusion Hybrid is one of four hybrid models offered by Ford. Hybrid models also are offered in the Mercury Milan mid-size sedan and the Ford Escape and Mercury Mariner small utility vehicles. All Ford hybrid models are the most fuel-efficient vehicles in their class, and the Ford Escape and Ford Fusion recently were named to Kelley Blue Book’s list of Top 10 Green Cars. In April, combined sales of all hybrid models totaled 2,299, up 21 percent versus a year ago.

Other new Ford products contributed to the retail share performance, including the new F-150 pickup, America’s best-selling vehicle, and Ford Flex, the distinctively styled crossover utility that had its best sales month ever (3,190).

(Source) Press

Tags: Crossover, ford escape, ford fusion, ford products, fuel efficient vehicles, green cars, hybrid models, hybrid version, kelley blue book, Mercury, mercury mariner, mercury milan, mid size sedans, new ford, utility vehicles

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