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Among all the vehicles offered by Ford Motor, the F-Series pickup truck has a special place in the auto market. In August 2016, nearly 67 thousand units of F-Series pickups were sold, with a YoY (year-over-year) decline of 6.1%. The F-150 is the heavy-duty, full-size pickup truck in the series. The F-150 line of trucks has been the best-selling vehicle in the United States for more than three decades now. This shows the company’s strength in maintaining its leadership in the US auto market (FXD). The significance of these pickup trucks is also immense for Ford, as pickup truck...
General Motors has taken a beating in the headlines this year as falling U.S. sales have cost it nearly a full point of market share. U.S. vice president of sales, Kurt McNeil, says GM's deliberate move to cut low-profit sales to rental car companies and focus on more lucrative retail sales to individual customers is behind the drop. But the auto industry's focus on top-line sales numbers has made GM look bad compared with competitors. Kurt McNeil claims he has a strategy that can help GM to increase its sales numbers, despite the fact that GM's market share has fallen ...
The average fuel-economy rating vehicles sold in the United States this August was about 25.3 miles per gallon, that's down 0.1 mpg if we compare it with the July average. The the average fuel-economy rating for all of 2015 cars sold was 25.3 mpg. We can truly say that fuel economy ratings on new automobiles sold out has improved by 5.2 miles per gallon, that's about 26%. Since the window sticker average is 5.2 mpg higher than when the data were first collected, the average is still 0.5 mpg below its all-time high of 25.8 mpg set in August 2014. Consumers started buyin...
Economic indicators point to a strengthening economy, which means more Americans are choosing luxury cars than in recent years. In August 2016, the sales volume of entry-level luxury cars in the US dropped by a significant 19.6% YoY (year-over-year) to ~53,000 units. For the same period, the sales of entry-level luxury SUVs (sports utility vehicles) increased by 11.3% YoY to more than 58,000 units, while the sales of entry-level sports cars dropped by 17.8% YoY to nearly 26,000 units. Top car models in the entry-level luxury and sports vehicle segments included the BMW 3 Series, Mer...
And again US truck sales proved they are on the top now, with 926,000 units sold, which is 3.1% higher than the 898,000 units August 2015. As a contrast 2016 August US car sales fell to 579,000 units, as compared to 670,000 million units in August 2015. These results suggest a significant year-over-year decline of 13.6%. US truck sales seasonally adjusted annual rate remained strong at approximately 10.1 million units from AUGUST 2015. The SAAR of truck sales was even higher at approximately 10.9 million vehicles. The US car sales fell to approximately 6.5 million units in Augu...
