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BMW is recalling 136,188 vehicles in the United States and another 18,284 in Canada due to improperly crimped wiring for the fuel pump in the gas tank. The affected models are: 2010-2011 5-Series Gran Turismo2011-2012 528I2011-2012 535I2011-2012 550I2012 640I2012 650I2007-2011 X52008-2011 X62010-2011 X6 ACTIVEHYBRID The in-tank fuel pumps on these vehicles have insufficiently crimped wire contacts. This causes an increase in contact resistance and extra heat. Over time, the plastic around the contact pins can melt, and this can allow fuel to leak. If the pump isn’t workin...
The latest car sales data shows that in September 2016, the sales volume of entry-level luxury cars in the US fell 17.4% year-over-year (or YoY) to 49,118 vehicle units. We should say that it is a significant decline. For the same period, the sales of entry-level luxury SUVs rose 12.6% YoY to 54,145 units, and the sales of entry-level sports cars fell 9% YoY to 25,408 units. Top car models in these entry-level luxury and sports vehicle segments were the BMW 3 Series, Mercedes-Benz C-Class, Lexus RX, Ford Mustang, Chevrolet Camaro, and Dodge Challenger. A total of 11,590 mid-range lu...
U.S. auto sales have been really strong this September, but it seems like this year dealership traffic appears to have lowered after more than six straight years of steady growth. Almost all the automakers: General Motors, Ford, Fiat Chrysler and Honda reported declines, but Asian counterparts like Toyota and Nissan managed to register growth.The seasonally adjusted annual rate for September stood at 17.45 million units. Retail sales have eased since solid numbers were seen in the second half of last year. As such automakers are heavily spending on discounts and incentives to keep their f...
Tesla is keeping up with its ever-expanding ambitions, even though it faces lots of obstacles, and has lots of competitors it knows how to build a product, and how to sell it. Its model S sales jumped 59% over the same quarter last year, which means it increases its importance between other luxury cars. The carmaker may keep its sales results confidential, but one thing it still reveals, that Tesla is responsible now in the U.S. for almost a third of sales in the sedans' segment. Its nearest competitors are the newly updated BMW 7-Series and the Mercedes-Benz S-Class. Spokespeople for...
In September 2016, 67,809 units of F-Series pickup trucks were sold with a year-over-year (or YoY) decline of 2.6%. Despite this fall, the company posted its best YTD (year-to-date) F-Series retail sales in September. As you know, the F-150 is a full-size pickup truck. The significance of these trucks is immense for Ford, as trucks typically yield higher profitability than the Small Car segment. However, Ford is not the only player in the pickup truck segment. Other automakers such as General Motors (GM), Fiat Chrysler Automobiles (FCAU), and Toyota (TM) also pose competition to th...