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The title of the undisputed king of midsize trucks in the U.S. in recent years belonged to Toyota Motor, with its popular Tacoma model. However it seems like other automakers are trying to contest this supremacy. General Motors' Chevy Colorado and GMC Canyon received numerous accolades and started to compete with Toyota's midsize pickups for customers' love. With demand for midsize trucks rising quickly, GM has had no trouble growing in this segment. It is now gaining on Toyota - and by 2017, it could mount a strong challenge t...
While General Motors struggles to stay afloat with its sales that seem to be declining at the wake of every month, Ford Motor Company maintains a positive momentum and records a a solid 6.4% increase in U.S. deliveries. Ford made a lot of sales from the increased sales of vehicles and more so of the full-size pickups. There is also a higher demand for Ford’s F-Series lineup having sold more than 70,000 F-Series trucks this June. Ford has to profit from the increasing consumer preference for larger vehicles. However, Ford’s sales to car rental companie...
U.S. auto sales this year have reached 17.5 million vehicles from 17.8 million, which means the demand is slowing down from individual buyers. The U.K.'s decision to leave Europe Union has left a big fingerprint on U.S' sales and it is already being felt because of the low demand on autos. Considering the deliveries last month were at a seasonally adjusted annual rate of 16.6 million, the analysts consider it is an impact of Brexit's decision. The softness in used cars must be also remembered, because people started to buy more used cars than in previous years. The ...
U.S. sales on light vehicles improved 1.5% year over year to 8.65 million units in the first half of 2016. It's a new record for first half of the year sales results. Seeing that sales increased 2.5% year over year to 1.5 million units in June 2016, was unexpected considering all of the negative surveys and predictions. We can't say that auto sales are on the right way from now on, because of seasonally adjusted annualized rate basis declined to 16.68 million units in the month from 17.46 million units in May 2016 and 17.01 million units in June 2015. It's imp...
It seems to us that people have finally realized the importance of light trucks, and SUV's considering this month the auto sales have risen thanks to these cars. Across, the industry June sales hit a new record for the month, rising 7.4% to 191,088 on an annual basis. It's incredibly important to notice that the sales on trucks, SUV's and vans have grown not for 4-5% but for 14% at one time, which of course is a big step for automakers. Yeah, of course we are deeply sad for the sedans sales considering they fell 2.9% but even that didn't change the thing that we stepped into an...
