Twin Cities Auto Sales Wizard Wally McCarthy Dies At Age 94 – Twin Cities

Wally McCarthy, one of the state’s most highly touted auto sales titans, died Wednesday. He was 94 years old. “There’s no one like him anymore,” said Paul Rubin, a business partner who has known McCarthy for 33 years. “I always thought he was Moses because he was 6-3… Source: www.twincities.com

New Car Sales Continue To Fall, Meaning It’s A Good Time To Trade

Sales for most domestic and Asian brands fell by double digits in September, even though analysts expect automakers to sell more than 17 million vehicles, the same number since 2015. Economic uncertainty and the growth of the used car market are not helping automakers. What does this mean to you:… Source: www.caranddriver.com

Hyundai Motor America Reports Sales Numbers For January 2024

Fountain Valley, California, February 1, 2024 /PRNewswire/ — Hyundai Motor America reported total sales of 47,543 units in January, down 9% from a year ago. January 2023. Hyundai set his January total sales record for the Santa Fe PHEV (+273%) and Tucson PHEV (+927%), Palisade (+14%), Kona (+14%) and Kona. Source: finance.yahoo.com

The Ugly Graph Of Car Sales: GM, Toyota, Ford. Stellantis Was Crushed By Record Sales From Hyundai And Kia.tesla Has Arrived

For decades, automakers disrupted the market with price hikes and premiumization. Now they are paying the price in dire amounts. Written by Wolf Richter of Wolf Street. Total new vehicles delivered to U.S. retail customers and fleets (mostly rental vehicles) in 2023 increased 12.4% year over year. Source: wolfstreet.com

Hyundai Motor America Reports Record Sales For December, Fourth Quarter And 2023

Total sales in 2023 increased by 11%.Best year ever for gross and retail sales for Hyundai Set new annual retail sales record for third consecutive year Hyundai’s fourth quarter total sales set a record. 5% up Hyundai’s total sales in December hit a record high. 4% increase Total sales increased for 17 consecutive months