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While Mercedes-Benz sales in the U.S. dropped in May, demand on the German brand's cars in Europe and China grew considerably and helped to offset the general loss.The automaker's sales results in Europe and in China were also helped by robust deliveries of SUVs and compact models, which rose 16 percent and 42 percent respectively. Five-month registrations at the brand were up 12 percent to 818,175. While Mercedes' U.S. volume slipped 1 percent to 29,299, in Europe, Mercedes brand sales grew 13 percent to 74,268, helped by a 4.9 percent rise to 23,343 in G...
It's been not so long since we've wrote about Cadillac ending its Donald Trump sponsorship and PGA's World Golf Championship deciding to move in Mexico. In fact it's been just a few days since then, and U.S. Republican presidential candidate is already responding at this move. Mr. Trump criticized General Motors for investing in Mexico. His campaign speeches say for itself, the presidential elections candidate suggests that Ford Motor Co. would back down from plans to expand in Mexico or face a 35% tariff on vehicle expands. Ford isn't the only ...
As it's been predicted the auto sales started to go down. Looks like for the first time in 6 years U.S. auto industry recorded such big monthly sales drop results. May volume fell 6.1% to 1.5 million vehicles. Even the low gasoline prices failed on stopping the car sales drop. Only some domestic brands as: Fiat Chrysler, Subaru, Kia and Hyundai managed increases this May. Even with this strong drop the annual sales didn't become much worse than in 2015, 17,46 million vehicles versus 17.47 million last year. Ford Motor Co. still has some optimistic thoughts on that even ...
A suburban Phoenix Chevrolet dealership was fined $40,000 because federal regulators found out that it was selling recalled new vehicles without the proper repairs. After a two-year investigation, Sands Chevrolet of Surprise, Ariz., agreed to pay the civil penalty as part of a settlement with the National Highway Traffic Safety Administration.According to federal law it is forbidden to dealers to sell new vehicles subject to open recalls without fixing them first. The concerned dealership has changed its procedures to ensure that all vehicles are checked for open recal...
Jaguar Land Rover has recently reported record sales and a 10 per cent rise in revenues, but this didn't increase the annual profits of the carmaker. On the contrary, annual profits at Jaguar Land Rover have paradoxically fallen 40 per cent.This year the British automaker's sales increased 13 per cent to 521,571, and it is the first time the company has broken through the half-million sales barrier. JLR said its pre-tax profits fell down considerably a year earlier, primarily reflecting market conditions during the first half of the year, especially in Chi...
