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US car sales declined during January, we think the reason is pretty obvious: high incentive in December, low sales in January. Even so, the analysts are pretty sure that vehicles sales last month showed good results, and it won’t be the same for February. Customer confidence, better deals on vehicles and low gasoline prices will raise the demand for vehicles once summer sets. The seasonally adjusted annualized sales rate stood at 17.6 million vehicles for the month as compared with 17.9 million vehicles from the last year. Here's a detailed look at the auto sales of the automake...
Gasoline and oil prices just like always determined the future and the present of electric and plug-in car sales. Back in 2014 when oil prices fell down, hybrid vehicles took a hit along with their risidual values in several global markets. Plug-in electrified vehicles – battery electric and plug-in hybrid – saw similar trends emerging at first. However, PEVs have seen unit sales rise significantly in the U.S., Europe, and China during the past two years – as gasoline prices have stayed down. It appears that other market dynamics are influencing PEV sales now more ...
American inflation expectation rises for the second straight month in January to its highest level since mid-2015. The data revealed indicates that American interest rates will keep it high. Residential land prices in China rose 7.9% over all of 2016. Car sales slowed down in January comparing to December, getting hurt by holidays and reduced tax discounts. All of 2016, they reached a record high of 28 mln vehicles, up +13.7% in the year. The data released by Japan reveals that its economy has grown up 1% in the December quarter. In Europe, an official review shared with us shows th...
The latest study revealed by specialists reveals that policy would deliver the sharpest blow to Jaguar Land Rover while giving a leg up to Ford Motor Co. and Tesla Inc. It seems like most automakers would need to raise vehicle prices by thousands of dollars, which is more than $17,000 per vehicle in Jaguar Land Rover’s case, because it imports all its vehicles. Ford, with significant domestic manufacturing, would need to mull the smallest price hike among major automakers, at about $282 per vehicle, followed by General Motors at $995, according to the report. The estimates aim...
For nearly a year and a half, the Volkswagen Dieselgate scandal has been making headlines. While the headaches might not be over for Volkswagen executives, they could be coming to an end for U.S. owners of Audi, Porsche, and VW vehicles illegally designed to cheat on emissions tests. In fact, some believe that there could be a silver lining to Dieselgate's dark clouds: a small surge in auto sales, similar to the one spawned by the U.S. government's Cash-for-Clunkers program in the wake of the Great Recession. Car sales in America are going strong, but the rate of growth has ...
