New Car Sales Back in High Gear: Is AutoNation a Buy?

Canadian auto sales are expected to come in just shy of a new record in 2012 after another strong month of sales across the country in November. Ford Motor Co. of Canada, Ltd. remained the top seller in Canada for the month – and for the year to date – with sales up 7.4% year-over-year. The company said that was driven by a 14% jump in car sales during the month and a 6% rise in truck sales. The Canadian auto industry has seen incredible growth in 2012

By Tim Plaehn: The largest publicly traded car dealership group, AutoNation (AN), reported strong sales and record earnings per share for th

DETROIT — Chrysler Group said its vehicle sales in March were the best since December 2007, and estimated the industry’s annual sales rate last month was 15.6 million. Chrysler, a unit of Italian automaker Fiat SpA, said March sales totaled 171,606 vehicles, up 5% from 163,381 a year earlier. The Fiat, Dodge and Ram Truck brands all posted increases.

GM Loses Global Car Sales Lead to Toyota Again Auto sales have recovered in the US, but GM once again has dropped out of the top spot globally. CNN Money reports GM loses global sales title to Toyota, again. General Motors fell to No. 2 in the global auto sales race, even as 2012 was its best year for sales since 2007.

By Benzinga: By Brett Callwood Tuesday saw many of the biggest auto makers in the world release their numbers, and the news was good for Detroit's Big 3.

By Sageworks, Inc: By Mary Ellen Biery

From today's Washington Times (thanks to Steve Bartin for sending the link): In Germany, Mercedes Benz and BMW — both heavy seasonal advertisers this year — have shortened holiday breaks for autoworkers in response to the demand for sales.