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It has been officially announced that Fiat Chrysler Automobiles NV plans to invest a huge amount of money at two Midwest assembly plants for future production of Jeep SUVs. This is actually more than $1 billion. They also aim to create 1000 new jobs. The automaker is going to invest about $700 million and add 700 work places at the Toledo Assembly Complex North plant for production of the next-generation Jeep Wrangler. The company will also invest $350 million and add about 300 new workers at its Belvidere Assembly in Illinois to produce the Jeep Cherokee. Production of t...
Nissan made some updates to its Pathfinder for 2017, in order to contribute to the growth of the large CUV’s sales. The launch of the refreshed model comes in the context of U.S. Pathfinder deliveries drop 5.2% through June to 39,759 from first-half 2015. Benefiting from the decline are smaller CUVs, deliveries of which have skyrocketed. But Nissan don't consider this situation as a total shift in the industry. The refreshed Pathfinder made at Nissan’s Smyrna, TN, plant, home to five model lines, represents “an opportunity to ...
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...
