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The hurricane recovery and the strong truck and SUV sales weren’t enough to keep the U.S. car sales high in October. Sales for the month fell 1.3 percent compared with a year ago as slowing demand made it almost certain that 2017 will be the first year with declining sales in seven years. Full-year sales almost certainly will fall below last year's record of more than 17.5 million, although most analysts say demand is still healthy. Automakers reported selling 1.35 million vehicles for the month. Ford, Honda, Nissan, Toyota and Volkswagen all reported gains for October on ...
Cadillac and Audi might already tour their semiautonomous driving systems, but BMW is taking some more time before rolling out a high-speed self-driving system. BMW is spending the next couple of years working with suppliers and testing prototypes to ensure the automaker can introduce a system that can operate at high speeds in most highway driving situations, with the added benefit of being a backup operator in fully automated vehicles. BMW's system won't be available until 2021, which puts it several years behind competitors. BMW chose to wait until it could introduce a sy...
Many drivers scrambled to replace their flood-damaged cars in the past six weeks, as a result the seasonally adjusted annual sales rate for all U.S. light vehicles hit 18,57 million units last month. That was up from 16.14 million in August and well above 16.0 million forecast. It was the highest sales rate since July 2005. While U.S. sales rose beyond the storm zones, according to automakers and dealers, much of the September gains came after Hurricane Harvey hit Texas. Replacing cars during the recovery in southeast Texas and Florida will boost U.S. new and used auto sales through...
We’ve been waiting for something to change dramatically the automotive industry, just like the iPhone did to the mobile industry 10 years ago, and that one thing that could make it all different is the electrification of cars. The rise of Tesla and its rivals could be boosted by complementary services from Uber and Alphabet's Waymo unit, just as the iPhone rode the app economy and fast mobile internet to decimate mobile phone giants like Nokia. The culmination of these technologies — autonomous electric cars available on demand — could transform how people travel and...
Fiat Chrysler Automobiles said Tuesday it is recalling 494,000 medium and heavy-duty Ram pickup trucks, model years 2013-2017. The issue which caused this recall is that they could overheat and potentially cause a fire. The 2013-2017 model year Ram 2500 and 3500 pickups recalled have 6.7-liter diesel engines, including 443,000 vehicles in the United States. Fiat Chrysler said it is not aware of any injuries related to the issue, but has reports of a small number of fire-related incidents. The company will inspect and potentially replace the water pump. Shares of ...
