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Car sales blog. The automotive news.

  • The car industry pressured by technology and raw materials costs
    27 Apr 2018

    As pressures mount on the industry despite rising vehicle sales, climbing technology costs, raw materials and global currency shifts ate into profits at the world’s carmakers. The US car market seems to recover, thanks to the sales increase in the first quarter.German groups Volkswagen and Daimler saw material and commodity costs deflate their earnings, while smaller operators Volvo and Mazda flagged rising technology and marketing spending for their profit drops. The outlay from launching new vehicles also took tolls on Fiat Chrysler, General Motors, Volvo and Daimler, with higher marke...

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  • New-Car Shoppers Will Pay Higher Costs
    24 Apr 2018

    Anyone planning to buy a new car for the first time in a while might need to prepare themselves for a bit of a shock. The combination of higher auto prices, longer loans, and bigger interest rates means that a buyer could pay about $6,500 more for a car that they would have five years ago.  The average price paid for a new car reached the $34,623 mark in March. Five years ago, that number was 31,078. The loans bring their share to the price, too. Growing interest rates makes borrowing more expensive. Now interest rates on new-car loans stand at 5.7 percent compared with 4.4 percent i...

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  • Less car buyers consider switching to electric cars
    19 Feb 2018

    Just 200,000 plug-in electric cars were sold in the U.S. last year. Although that's the highest number yet, it's still just a little more than 1 percent of the market. Nowadays the general car-buying public at large is aware that EVs exist, but most of them consider that electric cars are not viable and practical.   According to the recent data from California, the state's buyers are no more aware of electric vehicles than they were three years ago, when far fewer of them were available. This makes electric-car advocates worry that growing electric-car sales will arrive o...

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  • U.S Car Sales decline in 2018
    03 Jan 2018

    This year was not good for U.S. car sales, academics and researchers are talking about a pangent but not the worst decline in 2018. There are not so many specialists who dare to have a look beyond 2018, but Morgan Stanley did it and he doesn't like what it sees, with a technology-obsolescence inspired downturn so awful governament subsidies may be necessary to support the market.Meanwhile forecasts for 2018's decreases with 1.5% to off 5%. BMI Research rekons sales in 2018 will go down with 1.5%after a 1.1% fall this year. The Center for Automotive Research  at the University...

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  • Ford is planning to end North American production of Fusion
    15 Dec 2017

    Ford Motor Co. plans to end North American production of its Fusion midsize sedan at the end of the decade. The automaker has begun informing suppliers that it will not build the next-generation Fusion at its plant in Hermosillo, Mexico, where the car is currently made. It’s unclear whether Ford would stop selling the Fusion in the U.S., replace it with a different vehicle, or build it elsewhere. A spokesman declined to comment.  The car will not be shipped to the United States from China, Ford said Wednesday, denying a Reuters report that the automaker would consolidate global...

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