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These are the fastest-selling new cars of 2024
Thu, Apr 25 2024Automakers finally appear to be back on their feet after a few years of severe instability, but that hasn’t helped all of them in the sales department. iSeeCars recently released its study on the fastest- and slowest-selling new vehicles and found that some companies are moving vehicles off dealersÂ’ lots at more than twice the pace of others. Toyota was the fastest-selling new car brand between October 2023 and March 2024, moving vehicles in an average of 39.6 days. Surprisingly, Alfa Romeo came second, averaging 41.8 days on the market. Last year, we saw a list of the fastest-selling individual nameplates overall, as opposed to this study that's ranked by brand. Fastest-selling new cars of 2024 Toyota: 39.6 days on the market Alfa Romeo: 41.8 Cadillac: 43.4 Honda: 44.2 Jaguar: 44.4 Kia: 47 Hyundai: 47.1 Subaru: 49 BMW: 49.1 Mazda: 53.1 The brands moving inventory the fastest show a strong value and desirability for buyers. iSeeCars executive analyst Karl Brauer noted, “Fast-selling brands like Toyota and Honda represent mainstream consumers seeking maximum value for their new-car dollar. Conversely, high-ranking luxury, low-volume brands like Alfa Romeo, Cadillac, and Jaguar reflect both their limited supply as well as high demand from affluent buyers willing to snap these models up shortly after they arrive on dealer lots.” Of course, there is no light without darkness, and on the other side of the list are a handful of brands struggling to move inventory. Lincoln was the slowest-selling new car company, with an average of 82.6 days to sell. Infiniti was close behind at 79.8 days, and Buick took an average of 79 days to move units. iSeeCars noted that new EVs take much longer to sell than their hybrid counterparts, at an average of 70.6 days on the market in March 2024, compared to just 49.5 for hybrids. Some of the fast-selling new brands also made the used car list. Used Hondas sold the fastest, only sitting on dealersÂ’ lots for an average of 26.1 days. LexusÂ’ used cars sat for 26.3 days, and Toyota moved its used inventory in an average of 27.4 days. By the Numbers Green Alfa Romeo Cadillac Toyota Car Buying
Alfa Romeo planning Giulia GTA to rival M3, C63
Tue, Aug 19 2014What do you think of when you see the letters GTA? The Grand Theft Auto video game franchise? The GTA Spano supercar from Spain? Alfa Romeo enthusiasts remember it as the ultimate badge of performance from the Italian automaker, but while it's been over a decade since those letters appeared on a production Alfa, the latest rumors suggest they could be making a comeback in the form of a new Giulia GTA. Those who've been following developments from Alfa Romeo will know that the company is planning a successor to the beautifully angular 159 with a new Giulia to slot in above the Giulietta five-door hatch, and according to Auto Express, a new GTA version is in the works. Tipped to be powered by an upgraded version of the 3.0-liter twin-turbo V6 developed by Ferrari for the Maserati Ghibli, the Giulia GTA is rumored to pack around 500 horsepower (give or take 20 horses) underhood. That would give it a solid output advantage over the 425-hp BMW M3 and 451-hp Mercedes C63 AMG and give Fiat Chrysler Automobiles a performance sedan to challenge the upcoming Cadillac ATS-V and slot in below the bonkers 707-hp Dodge Charger SRT Hellcat. Expect other oily bits to include a dual-clutch transmission and limited slip differential, as well as upgraded brakes, rolling stock and aero components. The last time we saw the GTA badge was on the MiTo GTA concept (pictured above) that appeared at the 2009 Geneva Motor Show. Alfa was said to be considering a 159 GTA, similarly powered by Ferrari, back in 2007, but the rumors didn't come to fruition. The last production model to wear those letters was the 156 GTA that preceded it, with a 3.2-liter V6 that produced 250 hp. The most famous example, however, was the Giulia Sprint GTA produced in the late 1960s... a legend that Alfa appears keen to revive with this new model. Featured Gallery Geneva 2009: Alfa Romeo MiTo GTA News Source: Auto Express Alfa Romeo Performance Sedan alfa romeo giulia
Fiat Chrysler taps Amazon, Shell execs to fill roles
Fri, Dec 7 2018MILAN — Fiat Chrysler Automobiles is tapping executives from Amazon and Shell Oil Company with previous automotive industry experience to fill its ranks. CEO Mike Manley said in a letter to employees Thursday that Mark Stewart would join FCA as chief operating officer of North America from Amazon, "a company known for its culture of innovation, and obsession with delivering incredible value to customers." At Amazon, Stewart led teams focused on advanced robotics, artificial intelligence and automation methods. He previously was COO of ZF TRW automotive components supplier. Niel Golightly was named head of global communications. He was most recently Shell's vice president for external relations in North and South America, with a focus on reputation, brand and stakeholder engagement beyond communication strategies. He previously held roles at Ford Motor Company. Related Video: Image Credit: REUTERS/Rebecca Cook Hirings/Firings/Layoffs Alfa Romeo Chrysler Dodge Fiat Jeep RAM FCA Amazon shell Mike Manley