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General Motors Co. and Toyota Motor Corp. officials will tell a U.S. House panel that need changes to automotive safety rules to allow the deployment of self-driving cars on American roads. Mike Abelson, vice president of global strategy at GM, said that without changes to those regulations, it may be years before the promise of today’s technology can be realized and thousands of preventable deaths that could have been avoided will happen. On Monday, Sen. Gary Peters, D-Mich., and Senator John Thune, the Republican chairman of the Commerce Committee, said in a joint statement...
Renault-Nissan Alliance came just short of matching General Motors and joining the ranks of the three biggest automakers by global sales, after CEO Carlos Ghosn rescued a Japanese peer last year. Nissan Motor Co., Renault SA and Mitsubishi Motors Corp. combined delivered 9.96 million vehicles last year. The three automakers chaired by Ghosn finished fewer than 4,000 cars and trucks short of GM’s deliveries in 2016 and within about 350,000 units of new worldwide leader Volkswagen AG. Ghosn emphasized the scale Renault and Nissan would add by coming to the aid of Japanese peer Mitsubishi M...
Daimler AG’s Mercedes-Benz jumped out to an early lead in the race for U.S. luxury car sales supremacy, posting a record January after winning the crown last year for the first time since 2013. Mercedes sold 25,527 cars and light trucks in the U.S. last month, a 3.5 percent increase from a year earlier. Following a year in which premium car models lost market share to light trucks, the brand scored significant gains with sedans last month, as the C-Class jumped 27 percent and E-Class surged 49 percent. Dietmar Exler, chief executive officer of the Atlanta-based U.S. unit, clai...
This may surprise you, but Volkswagen has become the world’s biggest car manufacturer, overtaking Toyota in the number of new vehicles sold in 2016 despite the damage it suffered in the diesel emissions scandal. Toyota had been the biggest seller for the past four years but its 2016 sales total of just under 10.2m vehicles, fell short of the more than 10.3m cars sold by VW. General Motors is reporting its 2016 sales next week, but industry analysts said it had no chance of overtaking VW. GM was third behind VW last year and held the top spot in 2011, when Toyota’s produc...
Ford dealers and Ford executives sounded a typically optimistic note at this year's National Automobile Dealers Association convention here, based on record U.S. auto sales in 2016 and growing confidence that even if auto sales decline a bit in 2017, they won't decline much. Dealers are concerned about a drop in car sales as opposed to trucks, but all in all he said dealers are happy with Ford's current product lineup. They do have concerns about car models – as the whole industry does – as to what the public wants. Forecasts for 2017 call...
