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Ford Motor Co. and Fiat Chrysler both had their best February for U.S. sales since 2006, Nissan North America posted its highest market share for any month ever, while General Motors is on pace to lose share for a fifth consecutive year. Experts say that the explanation for all these facts is fleet. GM's fleet deliveries dropped 24 percent last month, resulting in a 1.5 percent drop in the company's overall sales. On the other hand, FCA's fleet sales surged 39 percent, Ford's jumped 42 percent, and Nissan's soared 54 percent. GM said it's making a st...
Google's self-driving car team is determined to move further the experimental stage and is now hiring more people with automotive industry expertise. The operation now employs at least 170 workers, many of whom are software and systems engineers. More than 40 of the new employees have previous automotive industry experience with skills in various fields from exterior design to manufacturing. They come from a wide range of companies, including Tesla Motors Inc., Ford Motor Co. and General Motors Co. Data about the workers hired by Google are cited from a&n...
The automotive industry registered its strongest February in 15 years. Total U.S. sales grew 6.8 percent during the month to 1.3 million vehicles -- the best February in volume terms since 2001.Ford, paced by gains reached 20 percent. Fiat Chrysler rode strong demand for Rams and Jeeps to a 12 percent increase. Honda said sales improved 13 percent while Nissan said its sales grew 11 percent. Both Honda and Nissan said they set records for the month. General Motors, meanwhile, said sales fell 1.5 percent, a surprising decline that the company attributed to a 39 percent cutba...
General Motors sent a letter in Indiana to ban Tesla Motors from selling direct to customers. Tesla has sold vehicles to customers through direct vehicle sales, and it says if the letter is signed into law it would revoke Tesla’s permission to sell vehicles from its existing storefront in Indianapolis.The state of Indiana is seriously considering locking Tesla out of the state — with a real possibility that Tesla will be prohibited from holding a dealer license in the state after 2017 ends."Despite having a lawfully granted license to sell Tesla vehicles directly since 2014 at...
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