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The F-series, best known for the popular F-150, has been America’s best-selling truck for the 40 consecutive years since its launch. Ford says it’s sold more than 26 million since the model line came out in 1977. The F-series has also been the best-selling vehicle of any kind in America for 35 years, the company said. Ford has sold 818,580 of the trucks in the years since it launched the F-series. It started with the F-100 as a base truck back in 1977, and replaced it with the F-150 in 1984. The evolution of the F-series followed changes in how people perceived and used ...
Donald Trump, the new US president threatened to levy a “big limit tax” on Toyota Motor Corp. vehicles build in Mexico. The new elected president also threatened General Motors and Ford Motor Co. who planned on opening new plants in Baja, Mexico. He wants these companies to enlarge their plants here in US. In his tweet, Trump appears to upset Toyota’s skeleton for a $1 billion plant in Guanajuato, Mexico, with a existent bureau in Baja, a western Mexico shred that abuts California. The Baja plant in Tijuana builds a Toyota Tacoma pickup, while a designed Guanajuato...
U.S. sales of new cars and trucks hit a record high in 2016, automakers said on Wednesday, and investors bid up shares in the sector as strong consumer confidence and relatively low fuel prices bolstered the industry's outlook. December sales rose 3 percent, and on a seasonally adjusted annualized basis were 18.43 million vehicles. The results prompted executives from the three biggest sellers in the U.S. market, GM, Ford, and Toyota Motor Corp, (7203.T), to predict that this year's sales will be near 2016's record levels. U.S. consumer confidence reached levels not see...
Tesla Motors Inc. reported fourth-quarter deliveries that fell short of its own forecasts as production delays continue to plague the carmaker led by CEO Elon Musk. The Palo Alto, Calif.-based maker of electric cars and energy-storage products delivered about 22,200 vehicles in the final three months of last year, according to a statement Tuesday. The total trailed the automaker’s projection for 25,000 units and brought its full-year tally to 76,230 vehicles, below its forecast for at least 80,000 units. Musk has a history of setting ambitious targets and timelines for Tesla a...
Automakers are on pace to build more new cars and light trucks in 2016 than in any other year, but efforts to reduce bloated inventories next year could lead to North America's first production decline since the Great Recession. Record car sales paces in the U.S., Canada and Mexico have kept plants busy. About 15 North American plants reportedly were running overtime through last week, nearly four times as many as the same period a year ago. Most of those plants build trucks. But automakers are already preparing for a production reckoning in 2017. Ford Motor Co., General Motors ...
