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General Motors aims to keep reducing the flow of vehicles from its plants to U.S. rental lots at least through 2018, continuing a strategy that has helped the automaker's North American operations pile up more than $26 billion in profits under CEO Mary Barra even as its overall market share keeps sliding. Alan Batey, GM's president of North America, said that sales to daily-rental fleets would fall by about 50,000 units this year and an unspecified amount in 2018. That would represent four straight years of declines for GM's rental deliveries, which already dropped from 16.1 percen...
A vigorous court challenge is to be expected. New Work State’s general and 12 other top state law enforcement’s try to roll back vehicle emission rules announced by Trump’s administration before. In March, President Donald Trump ordered a review of U.S. vehicle fuel-efficiency standards from 2022-2025 put in place by the Obama administration, saying they were too tough on the auto industry. The push to weaken the rules by the Trump administration comes as automakers are worried that consumers shift to larger vehicles and low gas prices will make it expensive or impo...
Total US auto sales in May stood at 1,51 million vehicle units, which is about 0.5 lower than the car sales in US last year for the same month. Still, the May US auto sales figures were much stronger than its ~1.42 million vehicle units sold in April 2017. In May 2017, the US small car sales fell 9.3% YoY (year-over-year), while US truck sales rose 6.0% YoY. Weak small car sales were the primary reason for the overall lower US auto sales in May. US auto sales have dropped 2.0% YoY in the first five months of 2017 to ~6.98 million vehicle units. The US is the largest auto market in N...
Hyundai USA and its smaller affiliate Kia Motors revealed their US sales and it turns out that even though their sales in China plunged 65%, the situation was a bit different here in US. Their combined sales in the U.S. market fell 1.9 percent in April and 11.5 percent in May, continuing on the downward spiral. According to the data compiled by Hyundai Motor America and Kia Motors America on June 2, the combined U.S. sales of Hyundai-Kia Motors in May decreased 11.5 percent on-year to 118,518 units. By brand, Hyundai Motor sold a total of 60,011 units in the U.S. last month, do...
The U.S. demand for hybrids and plug-ins is again ruled by domestic automakers, plug-in vehicle sales surged about 45% to almost 15,000 units. In addition to Tesla, which continues to boost sales but doesn't publish monthly metrics, Ford and General Motors each performed well in May. Green-car sales for the Blue Oval rose 56 percent from a year earlier to 9,221 vehicles, as Fusion Hybrid sales more than doubled, while Ford C-Max Energi plug-in hybrid sales jumped 77 percent. Up the road, General Motors increased green-car sales by 50 ...
