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    • By William Maley
      The automotive industry in the U.S. has been enjoying one of the best years in terms of sales. But one segment is seeing a drop in their sales. That segment is the midsize sedan.
      Automotive News reports that the demand for midsize sedans is at a five-year low. The numbers tell this sad story. In the first quarter of 2016, sales of midsize sedans dropped 3.4 percent. The second quarter saw sales dropped 13 percent, while the third quarter saw a whopping 21 percent drop. For the month August, all 16 midsize sedans saw an average drop of 27 percent. The Ford Fusion, Hyundai Sonata, Kia Optima, and Nissan Altima reported drops of over 30 percent.
      Automakers have been throwing money on the hoods of their midsize sedans to try and ignite sales. But this tactic isn't working.
      Why are midsize sedan sales down? It comes down to consumers wanting crossovers and SUVs.
      "It doesn't matter how deep you discount the leisure suit and bell-bottoms -- nobody's going to buy them if they're not fashionable. I don't think they're ever going to go away, but there's a lot more people who don't consider them anymore," said Eric Lyman, vice president of industry insights at TrueCar. 
      The outlook for midsize sedan sales doesn't look good as we enter fall and winter.
      "That larger sedan buyer just sees more value in the SUVs or CUVs," said Mike DeSilva, co-owner of Liberty Hyundai in Mahwah, N.J. "That's just where the activity is. And heading into the end of summer and going into winter, we're really going to get into SUV season."
      Source: Automotive News (Subscription Required)

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    • By William Maley
      The automotive industry in the U.S. has been enjoying one of the best years in terms of sales. But one segment is seeing a drop in their sales. That segment is the midsize sedan.
      Automotive News reports that the demand for midsize sedans is at a five-year low. The numbers tell this sad story. In the first quarter of 2016, sales of midsize sedans dropped 3.4 percent. The second quarter saw sales dropped 13 percent, while the third quarter saw a whopping 21 percent drop. For the month August, all 16 midsize sedans saw an average drop of 27 percent. The Ford Fusion, Hyundai Sonata, Kia Optima, and Nissan Altima reported drops of over 30 percent.
      Automakers have been throwing money on the hoods of their midsize sedans to try and ignite sales. But this tactic isn't working.
      Why are midsize sedan sales down? It comes down to consumers wanting crossovers and SUVs.
      "It doesn't matter how deep you discount the leisure suit and bell-bottoms -- nobody's going to buy them if they're not fashionable. I don't think they're ever going to go away, but there's a lot more people who don't consider them anymore," said Eric Lyman, vice president of industry insights at TrueCar. 
      The outlook for midsize sedan sales doesn't look good as we enter fall and winter.
      "That larger sedan buyer just sees more value in the SUVs or CUVs," said Mike DeSilva, co-owner of Liberty Hyundai in Mahwah, N.J. "That's just where the activity is. And heading into the end of summer and going into winter, we're really going to get into SUV season."
      Source: Automotive News (Subscription Required)
    • By William Maley
      If you think the Fiat Chrysler Automobiles' sales probe couldn't take an unexpected turn, then you would be wrong. The Wall Street Journal reports that federal investigators are asking questions about a phrase that was used by various executives to dealers and regional sales managers.
      According to sources, executives at FCA would use the phrase “unnatural acts department” during conference calls and one-on-one conversations. This phrase was to convey to dealers and regional sales managers to get more sales before the end of the month. Such solutions included selling vehicles at a loss or asking dealers to buy a number of vehicles that would be used for test-drives with customers. Investigators are trying to figure out if the phrase was used a way to rally the troops to meet sales targets or a key piece of evidence of whether or not FCA executives deceived the public by using this phrase to tell dealers to falsify sales numbers.
      As we reported back in July, FCA is currently under investigation by the U.S. Department of Justice and Securities and Exchange Commission over their sales reporting practices. The investigation stems from dealers in Florida and Illinois suing the company for falsifying sales numbers. In the same month, FCA admitted the sales streak that supposedly lasted for 75 months only lasted for 40 months. The company also changed how it reported sales numbers.
      Source: The Wall Street Journal

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    • By William Maley
      If you think the Fiat Chrysler Automobiles' sales probe couldn't take an unexpected turn, then you would be wrong. The Wall Street Journal reports that federal investigators are asking questions about a phrase that was used by various executives to dealers and regional sales managers.
      According to sources, executives at FCA would use the phrase “unnatural acts department” during conference calls and one-on-one conversations. This phrase was to convey to dealers and regional sales managers to get more sales before the end of the month. Such solutions included selling vehicles at a loss or asking dealers to buy a number of vehicles that would be used for test-drives with customers. Investigators are trying to figure out if the phrase was used a way to rally the troops to meet sales targets or a key piece of evidence of whether or not FCA executives deceived the public by using this phrase to tell dealers to falsify sales numbers.
      As we reported back in July, FCA is currently under investigation by the U.S. Department of Justice and Securities and Exchange Commission over their sales reporting practices. The investigation stems from dealers in Florida and Illinois suing the company for falsifying sales numbers. In the same month, FCA admitted the sales streak that supposedly lasted for 75 months only lasted for 40 months. The company also changed how it reported sales numbers.
      Source: The Wall Street Journal
    • By William Maley
      Jaguar Land Rover North America - Up 46.5% (9,329 Vehicles Sold This Month, 66,441 Vehicles Sold So Far This Year)
      Volvo Cars of North America, LLC - Up 30.9% (7,682 Vehicles Sold This Month, 52,892 Vehicles Sold So Far This Year)
      Subaru of America, Inc. - Up 14.7% (60,418 Vehicles Sold This Month, 391,969 Vehicles Sold So Far This Year)
      FCA US LLC - Up 3% (196,756 Vehicles Sold This Month, 1,531,247 Vehicles Sold So Far This Year)
      Audi of America - Up 2.5% (19,264 Vehicles Sold This Month, 134,562 Vehicles Sold So Far This Year)
      Mercedes-Benz USA - Up 2.1% (31,909 Vehicles Sold This Month, 245,329 Vehicles Sold So Far This Year)
      Hyundai Motor America - 0% (72,015 Vehicles Sold This Month, 521,078 Vehicles Sold So Far This Year)
      American Honda Motor Co. - Down 3.8% (149,571 Vehicles Sold This Month, 1,094,725 Vehicles Sold So Far This Year)
      Toyota Motor Sales - Down 5% (213,125 Vehicles Sold This Month, 1,625,158 Vehicles Sold So Far This Year)
      General Motors Co. - Down 5.2% (256,429 Vehicles Sold This Month, 1,962,602 Vehicles Sold So Far This Year)
      Nissan North America - Down 6.5% (124,638 Vehicles Sold This Month, 1,055,227 Vehicles Sold So Far This Year)
      BMW Group U.S. - Down 7.2% (30,500 Vehicles Sold This Month, 239,631 Vehicles Sold So Far This Year)
      Kia Motors America - Down 7.9% (54,248 Vehicles Sold This Month, 442,544 Vehicles Sold So Far This Year)
      Ford Motor Company - Down 8.4% (214,482 Vehicles Sold This Month, 1,784,009 Vehicles Sold So Far This Year)
      Volkswagen of America - Down 9.12% (29,384 Vehicles Sold This Month, 207,156 Vehicles Sold So Far This Year)
      Mitsubishi Motors North America - Down 11.5% (7,336 Vehicles Sold This Month, 67,160 Vehicles Sold So Far This Year)
      Mazda North American Operations - Down 12.8% (26,109 Vehicles Sold This Month, 199,378 Vehicles Sold So Far This Year)
      Maserati North America, Inc. - Down 23.1% (958 Vehicles Sold This Month, 6,971 Vehicles Sold So Far This Year)

      Porsche Cars North America, Inc. - 

      Brands:
      Acura - Down 7% (14,246 Vehicles Sold This Month, 106,914 Vehicles Sold So Far This Year)
      Alfa Romeo - Down 62% (37 Vehicles Sold This Month, 376 Vehicles Sold So Far This Year)
      Audi - Up 2.5% (19,264 Vehicles Sold This Month, 134,562 Vehicles Sold So Far This Year)
      BMW - Down 8% (25,531 Vehicles Sold This Month, 204,744 Vehicles Sold So Far This Year)
      Buick - Down 2.7% (21,678 Vehicles Sold This Month, 148,845 Vehicles Sold So Far This Year)
      Cadillac - Up 3.9% (16,346 Vehicles Sold This Month, 103,918 Vehicles Sold So Far This Year)
      Chevrolet - Down 3.9% (175,965 Vehicles Sold This Month, 1,361,675 Vehicles Sold So Far This Year)
      Chrysler - Down 22% (18,753 Vehicles Sold This Month, 168,774 Vehicles Sold So Far This Year)
      Dodge - Up 5% (44,340 Vehicles Sold This Month, 356,660 Vehicles Sold So Far This Year)
      Fiat - Down 21% (2,732 Vehicles Sold This Month, 22,015 Vehicles Sold So Far This Year)
      Ford - Down 9% (205,239 Vehicles Sold This Month, 1,712,371 Vehicles Sold So Far This Year)
      Genesis - 0% (1,497 Vehicles Sold This Month, 1,497 Vehicles Sold So Far This Year)
      GMC - Down 14% (42,440 Vehicles Sold This Month, 348,164 Vehicles Sold So Far This Year)
      Honda - Down 3.5% (135,325 Vehicles Sold This Month, 987,811 Vehicles Sold So Far This Year)
      Hyundai - Down 2.1% (70,518 Vehicles Sold This Month, 519,581 Vehicles Sold So Far This Year)
      Infiniti - Down 1.8% (10,439 Vehicles Sold This Month, 85,362 Vehicles Sold So Far This Year)
      Jaguar - Up 188.5% (3,298 Vehicles Sold This Month, 17,687 Vehicles Sold So Far This Year)
      Jeep - Up 12% (86,468 Vehicles Sold This Month, 639,393 Vehicles Sold So Far This Year)
      Kia - Down 7.9% (54,248 Vehicles Sold This Month, 442,544 Vehicles Sold So Far This Year)
      Land Rover - Up 15.4% (6,031 Vehicles Sold This Month, 48,754 Vehicles Sold So Far This Year)
      Lexus - Down 7.6% (30,938 Vehicles Sold This Month, 210,392 Vehicles Sold So Far This Year)
      Lincoln - Up 7% (9,243 Vehicles Sold This Month, 71,638 Vehicles Sold So Far This Year)
      Maserati - Down 23.1% (958 Vehicles Sold This Month, 6,971 Vehicles Sold So Far This Year)
      Mazda - Down 12.8% (26,109 Vehicles Sold This Month, 199,378 Vehicles Sold So Far This Year)
      Mercedes-Benz - Up 0.1% (28,404 Vehicles Sold This Month, 219,704 Vehicles Sold So Far This Year)
      MINI - Down 2.7% (4,969 Vehicles Sold This Month, 34,887 Vehicles Sold So Far This Year)
      Mitsubishi - Down 11.5% (7,336 Vehicles Sold This Month, 67,160 Vehicles Sold So Far This Year)
      Nissan - Down 6.9% (114,199 Vehicles Sold This Month, 969,865 Vehicles Sold So Far This Year)
      Porsche - 
      Ram - Up 2% (44,426 Vehicles Sold This Month, 344,029 Vehicles Sold So Far This Year)
      smart - Down 42.8% (353 Vehicles Sold This Month, 3,439 Vehicles Sold So Far This Year)
      Sprinter - Down 39.5% (3,152 Vehicles Sold This Month, 22,186 Vehicles Sold So Far This Year)
      Subaru - Up 14.7% (60,418 Vehicles Sold This Month, 391,969 Vehicles Sold So Far This Year)
      Toyota - Down 4.6% (182,187 Vehicles Sold This Month, 1,414,766 Vehicles Sold So Far This Year)
      Volkswagen - Down 9.12% (29,384 Vehicles Sold This Month, 207,156 Vehicles Sold So Far This Year)
      Volvo - Up 30.9% (7,682 Vehicles Sold This Month, 52,892 Vehicles Sold So Far This Year)

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