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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...
Ford Escape SUV was rated “poor” by the Insurance Institute for Highway Safety for the new passenger side front crash test. Ford Escape was the only small SUV that failed. This test is the opposite of the driver’s side test that this institute is doing for five years now. It consists of a vehicle that is propelled at a speed of 40 miles per hour into a concrete barrier that is directed to the passenger’s side only. The idea behind the test is to replicate an accident where the vehicle collides with an object with just the passenger’s side. Wh...
General Motors Co and Fiat Chrysler Automobiles, both posted sales gains in new vehicles in March. The luckiest this month is GM, the company revealed a 16% jump in new car sales compared to the same month last year. Fiat Chrysler reported a 14% increase in sales in March. FCA said it saw a 45% spike in sales of its popular Jeep models, giving the brand its best sales month on record. The strong results for March followed a weak performance in February. Last year, U.S. auto sales fell 2 percent after hitting a record high of 17.55 million units in 2016. Sales are expected ...
General Motors will stop reporting the U.S. vehicle sales. The company thinks that the snapshot of 30-days doesn’t reflect the actual situation of the market. GM will also no longer report monthly sales in China, its largest market, and Brazil. The company will still have to provide its monthly sales to the U.S. Federal Reserve, industry associations and government agencies across the globe but the information won’t be public for simple people anymore. GM and its Detroit rivals Ford Motor Co and Fiat Chrysler Automobiles NV have relied heavily on sales of high-margin pic...
Volkswagen will launch a new compact SUV internally called the "Volks-SUV" or People's SUV. It will be produced for the US, China and other markets outside of Europe. VW plans to sell 400,000 of these small utility vehicles every year. The new compact crossover will start in China. It will be built in a joint-venture factory. The new model is slightly more compact than the Volkswagen Tiguan. It will sit on the MQB architecture for cars with front transverse engines. VW approved the design last week. Europe won't be receiving the "Volks-SUV" because it al...
