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November U.S. new car sales mixed as automakers deepen discounts

DETROIT — Major automakers posted mixed U.S. November new vehicle sales on Friday and predicted a competitive December as they rushed to sell vehicles and boost their numbers before 2017 ends. Automakers are trying to sell down 2017 model-year vehicles, offering high discounts to consumers as the year-end nears. In 2016, the industry reported record annual sales of 17.55 million units. According to consultancies J.D. Power and LMC, discounts have been above 10 percent of the average transaction price for 16 of the past 17 months, a level experts say is unhealthy and unsustainable. The November sales results come as the National Automobile Dealers Association said on Friday it expects new vehicle sales to decline to 16.7 million units in 2018, after dropping to 17.1 million for the full year in 2017. If that forecast comes true, the race to move new vehicles off dealers' lots will only intensify next year. Brandon Mason, a director at PwC's automotive practice, said a worrying trend for the industry was a rising number of subprime loans. He said subprime levels are at just over 20 percent of originations, against more than 30 percent prior to the Great Recession, but recent increases remain a concern. "That's a bit of a red flag," Mason said. "It's something to keep an eye on as we move into 2018." November results by automaker: General Motors: Sales fell 2.9 percent, with sales to consumers flat against the same month in 2016. Much of the decrease was driven by lower fleet sales. GM said strong SUV and crossover sales pushed its average transaction price for the month above $37,000 for the first time. The level of unsold cars, which has been a concern for analysts and the industry, rose slightly to 83 days' supply, from 80 days at the end of October. "More vehicles are sold in December than any other month, and we are very well positioned because we have momentum in so many segments, but especially in crossovers," said Kurt McNeil, U.S. vice president of sales operations. Fiat Chrysler Automobiles: Fleet sales are low-margin, and FCA in particular has targeted a significant reduction in this type of sale in 2017. It posted a 4 percent overall decrease in sales for November, but fleet sales were down 25 percent while sales to consumers were up 2 percent on the year. Ford: The No. 2 U.S. automaker reported a 6.7 percent increase for the month, with fleet sales up nearly 26 percent and retail sales 1.3 percent higher than in November 2016.

Nissan reveals Patrol Nismo in Dubai

Nissan's performance division has worked its magic on a variety of vehicles. But not all of them have been based on sports cars, and not all of them have been made available here in the United States. Its latest model is neither. In launching the Nismo sub-brand in the Dubai, Nissan has started with a decidedly different model in the Patrol Nismo. It's based on the SUV we'd know better as the Infiniti QX80, but instead of taking an off-road or luxury approach, the Patrol Nismo (as you might have guessed) goes for on-road performance. To that end, the performance division has given it a thorough workover. The 5.6-liter V8 engine, for starters, has been tuned by Nissan's Takumi craftsmen up from 400 horsepower to 428. The suspension has been firmed up with Bilstein shocks and mounted with 22-inch forged alloys from Rays. The power steering system has tuned by Nismo for sportier handling. The bodywork has been upgraded for an aggressive look and zero aerodynamic lift. And the interior has been refitted to make it a more suitable environment from which to command the added performance capabilities. The result may have potential as a junior version of SUVs like the Mercedes GL63 AMG or Range Rover Sport SVR, not to mention prospective upcoming performance versions of the Cadillac Escalade. But it's being launched exclusively in the United Arab Emirates for the time being, and given that we don't get the Patrol as such in North America, it looks highly unlikely the Patrol Nismo will ever reach these shores. Those looking for a high-riding Nismo model, then, will just have to content themselves with the Juke. Related Video: Nissan proves its passion for performance with launch of 'NISMO' brand in the Middle East Nissan debuts world premiere of Patrol NISMO showcasing ultimate essence of its 'Innovation that Excites' promise - Thrilling performance marque launches in Middle East - Stunning Patrol NISMO announced as world premiere model - GT-R NISMO and 370Z NISMO showcased to the media DUBAI, United Arab Emirates - October 7, 2015: Nissan's world famous motorsport and road car performance brand, NISMO, made its Middle East debut at a spectacular launch event in Dubai, heralding the next step in 'Innovation that Excites' for driving enthusiasts across the region. In addition to launching the performance marque, Nissan also confirmed the world premiere launch of the Patrol NISMO.

Nissan New Micra being considered for Canadian market

A new story from AutoGuide is triggering new speculation that Nissan may be about to bring its New Micra to North America. According to a dealer-based source, Nissan is showing off the overseas hatchback at Canadian dealer meetings along with the redesigned 2014 Rogue. The report indicates that the car is expected to go on sale sometime mid next year. Autoblog has learned that, while the New Micra is indeed under study for the Canadian market, it is not being considered for US sales. Our well-placed source tells us that bringing the New Micra to US dealers "just wouldn't make sense."
Bringing the New Micra to US dealers "just wouldn't make sense."
Reading between the lines a bit, that's because Nissan already has a robust small car lineup spearheaded by the Versa sedan and new Versa Note hatchback, along with the compact Sentra. And while both Versa models are generously sized for the subcompact classes they compete in, their low entry price (the sedan starts under $12k) means that pricing the smaller Micra underneath it would be difficult. Given its historically significantly higher fuel prices (not to mention higher vehicle prices and a penchant for small cars), Canada seems like a much more hospitable market for the Micra.