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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...
Hillary Clinton has made a distinction between her and Donald Trump, her rival for the U.S. president post. She has painted herself as the person who fights for income fairness and middle-class workers. The Democratic lady told to the crowd of 500 people at the Futuristic Tool and Engineering event that she plans to invest in infrastructure, offer new tax credits, encourage corporate profit-sharing and paid apprenticeships. She promised she will do wherever it takes to bring the U.S. auto companies back, which are investing outside of the country in order to avoid the huge taxes, by...
Hyundai Motor Co. and its smaller affiliate, Kia Motors Corp., saw their combined U.S. sales rise by more than 6 percent in July, thanks in large part to strong sales in sport utility vehicles. The two South Korean auto giants sold 134,972 units in the U.S. market last month, up from 127,324 units in the same month last year, exceeding the country’s automobile industry average growth rate of 5.3 percent. Hyundai reported that its sales rose 5.6 percent from last year to 75,003 while Kia reported a total of 59,969 units, up 6.4 percent compared with a year ago. Both automakers ...
It's not a secret that the auto sales cycle may be turning stormy. Still, that doesn’t mean it is time to batten down the hatches. For those with a little faith in the future, Nissan Motor looks like a bargain. The U.S. auto sales appear to have downshifted for now. This spells tough times for Japan’s auto makers, which count the U.S. among their biggest markets. Toyota Motor Corporation is also feeling more profit-sapping pain from the strong yen. This is due to the fact that a large portion of the vehicles it sells in the U.S. are imports from Japan. Honda and Niss...
After a strong run in US of Porsche vehicles, an abrupt slow down has come to the company in July, followed of course by low sales. Porsche's sales have fallen 18% the previous month, which was a stagnant moment for the brand. Even the wide range of SUVs like Cayenne and Macan couldn't save the company from this powerful plung. As it was officially revealed the Porsche cars North America which imports and distributes models like: Boxter, 911, Cayman, Panamera and the two previously named, a bit more than 3870 vehicles were sold in July, that is less than expected. The d...