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All of the recent calm in global markets owes a lot to the U.S. consumer, with rising retail sales which helped on becoming the world's largest economy in June. Even so, we've got a very weak spot now and speaking about that we mean- slowing car sales, it's unclear now which market segment will pick up the slack. The U.S. consumption revelations show that car industry is at its peak now, which means it's in trouble. As you can see on the charts from the pictures, U.S. retail sales represent 20% of overall spending, after groceries at 13%. Demand ...
We guess that there is no person who has not heard about the VW diesel-emissions scandal. The company, which owns 70 percent of the U.S. passenger-car diesel market, is in major trouble for cheating on diesel-emissions tests. However, this scandal did not prevent the company to take the leading position in its sales for the first half of the year. The analyzed figures show that Volkswagen Group sold over 5 million cars and light trucks worldwide and more than any other automaker in the first half of 2016. According to the Center for Automotive Management, the carmaker sold up 0.8 p...
We've come to realize that the new GM strategy was a great one and we've got the proof. The idea of focusing on retail sales in North America got a win-win in the second quarter, with net income more than doubling from the year-earlier quarter. The company has reported an income of $2.87 billion in the second quarter, which is up from $1.12 in the second quarter of 2015. General Motors' CEO told to the media that it's been an outstanding quarter for GM, and they'll continue to focus on driving profitable growth and leveraging their technical expertise to lead in the future ...
That might be sad for our country but in the last years many American car makers have moved to Mexico. Being protected by NAFTA agreement has offered to the brands many new priorities, and that is the main reason why they have invested for the last decade more than $26 billion were invested in Mexico, which made it the fourth biggest car exporter in the world. Even considering all of the priorities the things haven't gone better that is obvious because according to the umbrella organization, production has gone down more than 3% this year, while sales have dropped overseas by al...
By asking the electrified car owners why they consider they have made a good choice by buying a green car, you will hear many reasons which will justify it. Most of the owners are pretty convinced their plug-in hybrid have all of the positive attributes they were going for. In 2015 the U.S. Purchased 17.39 million passenger cars and light trucks, 43,143 of them were plug-in hybrids, or 0.25%, and 71,105 were battery electric, which is 0.41%. Plug-in market share in June 2016 wasn't really better than two years ago, but it doesn't change the fact that people never regret buying a hybrid...
