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Car sales blog. The automotive news.

  • Honda invests $267million in its Ohio plant
    18 Sep 2017

    Honda Motor Co is supporting the increased production of its revamped 2018 Accord sedan model at its plant in Ohio, by investing $267million and adding 300 new jobs. Honda unveiled the newest-generation Accord in July, one of four re-engineered midsize sedans that Asian automakers are betting on to win market share as Detroit rivals shift focus to SUVs, crossovers and pickup trucks.  The new Accord, like rival Toyota Motor Corp's all-new Camry, offers more horsepower, safety technology like standard collision-avoiding braking and better fuel economy although Honda did not release...

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  • Average fuel economy down in August
    07 Sep 2017

    The average fuel economy of new cars and light trucks sold in the U.S. this August was 24.3mpg, down 0.1 mpg from July. Average fuel economy is up 5.2 mpg since October 2007, the first month researchers Michael Sivak and Brandon Schoettle monitored the market, but down 0.2 mpg from the peak of 25.5 mpg reached in August 2014.  Year-over-year U.S. light-vehicle sales slid 1.8 percent in August, with car deliveries descending 9.5 percen. Across the light-truck segment, pickup and crossover sales rose last month, 3.7 percent and 4.8 percent. Total light-truck sales gained 2.9 percent. T...

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  • Aston Martin to mitigate Brexit risk with U.S. sales drive
    29 Aug 2017

    Aston Martin aims to boost its market share in the U.S. and Japan to mitigate against any risks from Brexit which could add costs and delays to sales to the European Union.  Around 20 percent of the brand's top-end cars are currently exported to the United States whilst 15 percent are sold to the European Union, with whom unfettered tariff-free trade is at risk depending on the outcome of Brexit talks. Aston Martin CEO Andy Palmer said the carmaker has ploughed resources into boosting demand in the world's biggest economy since the June 23 Brexit vote last year.&nbs...

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  • Revenues at car repairs rise, while car sales slump
    25 Aug 2017

    Revenues at car repairs and auto-parts stores are rising despite the slump in the U.S. auto sales this year. But why is there such a bid difference between these 3, when they are basically bounded to each other? Well, old vehicles are grinding out more miles, and need replacement parts and repairs almost each month.  The vehicle fleet is still getting older every single year, in spite of our record sales, So you’ve got a significantly larger population of vehicles that require service and are coming in for service pretty regularly. Car dealers didn’t use to handle so...

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  • Nissan sells its electric battery business, but for how much?
    09 Aug 2017

    Guess who’s gonna sell its electric battery business to GSR Capital? Yes, it’s Nissan. In its statement Nissan revealed that the business which GSR will buy includes battery operations in Japan, England and of course U.S.. The sale covers Nissan's battery manufacturing operations in Smyrna, Tennessee, owned by Nissan North America; in Sunderland, England, owned by Nissan Motor Manufacturing UK; and part of Nissan's Japanese battery development and production engineering operations in Oppama, Atsugi and Zama. Nissan will first take full control of its battery subsidiary...

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