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For the first time in seven years, U.S. sales of cars and light trucks in 2016 will fall. Many specialist estimations have shown that a car sales plateu is awaited and a growing economy and political risk. A report released on Tuesday revealed an outlook of 17.4 million vehicles from 17.7 million. The new estimation is 40,000 fewer than last year’s record, each annual projections have been reduced for the each next year through 2023. The conditions are still not negative, which means good numbers are still being predicted but it couldn’t be denied that is doesn...
The title of the undisputed king of midsize trucks in the U.S. in recent years belonged to Toyota Motor, with its popular Tacoma model. However it seems like other automakers are trying to contest this supremacy. General Motors' Chevy Colorado and GMC Canyon received numerous accolades and started to compete with Toyota's midsize pickups for customers' love. With demand for midsize trucks rising quickly, GM has had no trouble growing in this segment. It is now gaining on Toyota - and by 2017, it could mount a strong challenge t...
While General Motors struggles to stay afloat with its sales that seem to be declining at the wake of every month, Ford Motor Company maintains a positive momentum and records a a solid 6.4% increase in U.S. deliveries. Ford made a lot of sales from the increased sales of vehicles and more so of the full-size pickups. There is also a higher demand for Ford’s F-Series lineup having sold more than 70,000 F-Series trucks this June. Ford has to profit from the increasing consumer preference for larger vehicles. However, Ford’s sales to car rental companie...
U.S. auto sales this year have reached 17.5 million vehicles from 17.8 million, which means the demand is slowing down from individual buyers. The U.K.'s decision to leave Europe Union has left a big fingerprint on U.S' sales and it is already being felt because of the low demand on autos. Considering the deliveries last month were at a seasonally adjusted annual rate of 16.6 million, the analysts consider it is an impact of Brexit's decision. The softness in used cars must be also remembered, because people started to buy more used cars than in previous years. The ...
The U.S. auto sales have been told to slow down this year after 7 years of great results, but even so the car manufacturers and dealers have high expectations, and best hopes for 2016. The sales may have reached its peak but that doesn't mean they slowed down, they say, and they brought up good arguments on that considering Americans buy lots of vehicles nowadays. A newly released report has not that great forecasts on U.S. light vehicle sales for 2017. The specialists say that sales will go down to 17.5 million in 2017, down slightly from this year's 17.8 million forecast. ...
