Probably all of us were convinced that the US plug-in vehicle sales increase every week, but this is not what actually happens. When Tesla Motor released its second-quarter deliveries, it turned out that the sale expectations were not fulfilled. Tesla considers that the huge truck sales spoil the statistics. A week ago Tesla Motors announced that it delivered 14370 cars for the quarter. Among them there are 9,745 Model S sedans and 4,625 Model X SUVs. It was revealed that this delivery rate was the California-based automaker's lowest since the third quarter of 2014. It turned ou...
If you are interested in U.S. auto world than you might have observed that Chevrolet Silverado was grabbing its biggest piece of the U.S. full-size pickup market since January in the first month of its ad campaign attacking the Ford F-150's aluminum body. Even so, Ford wasn't going to back up or get worse its sales only started to rise since then. F-150 sales soared 40% in June from a year earlier, the segment share for the full F-series line jumped to the highest level in 17 months. Normally, the company doesn't tell what it obtained but not and this time, just to show ...
U.S. sales on light vehicles improved 1.5% year over year to 8.65 million units in the first half of 2016. It's a new record for first half of the year sales results. Seeing that sales increased 2.5% year over year to 1.5 million units in June 2016, was unexpected considering all of the negative surveys and predictions. We can't say that auto sales are on the right way from now on, because of seasonally adjusted annualized rate basis declined to 16.68 million units in the month from 17.46 million units in May 2016 and 17.01 million units in June 2015. It's imp...
According to analysts and industry executives when auto dealers reveal their reports for June, the results will not have any impact from Great Britain's June 23 decision to leave EU. Even with this sad news the job growth and consumer confidence remain strong and credit is freely available. One company that will likely report that has lost sales market will be General Motors, it continues to wean itself from low-margin sales to rental agencies and concentrate on more profitable sales to consumers. The GM vice president of U.S. sales operations says that that he sees a seasonally...
The recent decision of the United Kingdom to abandon the European Union, makes analysts forecast that automakers' profits will drop by billions of dollars and new-vehicle sales will be cut by nearly a million units over the next three years.After the results of the historic vote were announced the shares of suppliers and dealership groups with significant exposure to the U.K., as well as Fiat Chrysler Automobiles became particularly vulnerable. The U.K. auto market has surged in recent years to hit a record high of 2.6 million cars in 2015. Ninety percent of those vehic...
