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  • Trump Tariffs May Cost Carmakers 1 Million Auto Sales a Year
    12 Jun 2018

    If president Donald Trump slaps a 25 percent tariff on imported cars, it may cost the U.S auto industry 1 million annual car sales, and that’s just the low end of the estimated damage. The projection by researcher LMC Automotive assumes that automakers would absorb at least half the cost of a tax on imported vehicles.  If companies pass the full 25 percent cost on to consumers, it could snuff out about 2 million sales or more than 10 percent of annual U.S. deliveries. President’s order last month to investigate auto imports for potential trade penalties on national securi...

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  • Nissan will gradually withdraw from diesel car market in Europe
    07 May 2018

    Japanese car manufacturer Nissan will gradually lower the number of diesel cars that it sells in Europe reducing it to zero. This is a further sign of the weakening demand for this type of cars as customers worry about tax rises, bans, and restrictions related to diesel in many countries.  A spokeswoman from Nissan said that there would be a gradual withdrawal of diesel vehicles in Europe. A source last month had said that Nissan would cut hundreds of jobs at its Sunderland plant, which is Britain’s biggest car factory. The car making industry is facing a global regulatory crac...

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  • New Tariffs Could Slow the Import of Chinese Made Cars
    05 Apr 2018

     Donald Trump proposed a 25 percent tariff on some goods, including automobiles, imported from China. This could put a kink in the plans of Ford, GM, Volvo as well as the Chinese brand Guangzhou Automobile Group, who planned to enter the US market next year.  Volvo is importing S60 Inscription since 2015 from China; GM imports the Cadillac CT6 plug-in hybrid and Buick Envision; Ford was planning on starting to build the Focus Compact there and importing it.  China retaliated, announcing its own 25 percent tax on imports including chemicals, soybeans, aircraft, and cars...

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  • Renault-Nissan-Mitsubishi alliance tops VW in global sales race
    30 Jan 2018

    The Renault-Nissan alliance emerged as the world’s biggest seller of light vehicles in 2017, bumping Volkswagen off the top spot, after the inclusion of Mitsubishi's numbers boosted its final tally. The group sold vehicles in nearly 200 countries under 10 brands, led by China, the U.S., France and Japan. Nissan sales hit a record high of 5.82 million, while French carmaker Renault has reported sales of 3.76 million. Mitsubishi’s sales came in at 1.03 million, bringing total 2017 sales for the group to around 10.61 million light vehicles. Together, the three carmakers beat reco...

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  • The 3 hottest-selling new vehicles of 2017
    25 Jan 2018

    If we take a look at the list of 2017's hottest U.S. vehicles, we'll see that none of them are passenger cars. Americans are fleeing passenger cars in droves. Instead, they're embracing roomy crossovers, sport-utility vehicles and pickup trucks with vastly improved fuel economy over days gone by. Here were 2017's three hottest-selling vehicles.  Ford F-series: The Blue Oval automaker's marquee nameplate easily maintained its title as the best-selling vehicle in the U.S. Sales were up 9.3% for the year. With sales of 896,764 units for the year, the vehicle accounte...

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