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The continuing fall in US auto sales in the first 5 months of 2017 has raised concerns about the future of auto demand in the country. But even considering the decrease there are factors which are still favoring the US automotive industry: US demand for trucks and SUVs- The first key positive factor for automakers is that auto buyers’ inclination for heavyweight vehicles such as trucks and UVs (utility vehicles) is intact. US car sales have fallen 11.0% to 2.7 million units in the first five months of 2017. In contrast, US truck sales have risen 4.7% to 4.3 million u...
Mike Rocco served for more than two years as regional vice president of Nissan North America's mid-Atlantic region. He became regional vice president of Nissan's Central U.S. region just last month. He has more than 25 years of experience in the automotive business, both on the dealership and corporate level. Bentley Motors is tapping a seasoned automotive executive from Nissan to become vice president of sales and operations – a new role – for the British car brand's Americas division. Mike Rocco will start June 19 and be charged with managing Bentley's recent U.S....
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...
