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The US is the largest auto market in the whole North America, that's why General Motors, Ford Motor, and Fiat Chrysler Automobiles are highly dependent on the US market for their largest chunks of revenue. Here's a closer look to the US auto sales data for July. Total auto sales in the US stood at 1.51 million units, which was higher than the US vehicle sales of 1.50 million vehicle units in July 2015. In 2015 car sales have been at their peak, reaching the highest results with 17.4 million vehicles sold during the year. This was able to boost the confidence of automake...
Volkswagen has a lot to worry about with respect to its diesel-emissions cheating scandal. On the civil side, it’s already anticipating divvying out $15 billion to make right with regulators, states, and customers over hundreds of thousands of diesel vehicles that contain a software-based cheat allowing them to emit many times the permissible amount of nitrogen oxide. While the settlement with U.S. regulatory authorities largely resolved VW's obligations to the federal government, the automaker also faces potential criminal charges relating to the use of emissions-cheating software i...
Sales of GM’s mainstream vehicle brand, Chevrolet, decreased in the United States and Canada in July 2016. In the U.S., Chevrolet sales decreased 5.28 percent to 178,820 units. There were 26 selling days in July 2016 and 25 selling days in July 2015. July 2016 retail sales were up 3 percent, or 4,463 units, year-over-year to 154,305 units, representing 86.3 percent of total Chevy sales for July 201 month. That compares to 149,842 retail sales in July 2015, which was 79.4 percent of total Chevrolet sales. GM’s continued focus on profitable retail sales enabled Chevrolet t...
Ford today announced plans to build a fully autonomous vehicle within five years. The car will have no steering wheel, gas pedal or brake pedal, and it will be used for ride-sharing or ride hailing services. Ford made no mention of when the public will be able to buy such a vehicle.“The next decade will be defined by automation of the automobile, and we see autonomous vehicles as having as significant an impact on society as Ford’s moving assembly line did 100 years ago,” said Mark Fields, Ford president and CEO. Ford's entry will be a high-volume SAE level 4 autonomous v...
The Honda Civic broke a July sales record set in 2013, rising 5.8 percent on sales of 32,952 units Accord sales again topped 30,000 units, keeping sales of Honda's three core models on track to top 1,000,000 units for the fourth consecutive year. Increases for both Fit and HR-V topped 25 percent in July while Pilot gained 8 percent. Pilot and HR-V also were up as Honda trucks set a new all-time sales mark for the month. The new Civic continued its remarkable run with another record month in July. CR-V sales rose to an all-time monthly record of 36,017 sales in July, an increase of 13.3 per...
