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General Motors Co and Fiat Chrysler Automobiles, both posted sales gains in new vehicles in March. The luckiest this month is GM, the company revealed a 16% jump in new car sales compared to the same month last year. Fiat Chrysler reported a 14% increase in sales in March. FCA said it saw a 45% spike in sales of its popular Jeep models, giving the brand its best sales month on record. The strong results for March followed a weak performance in February. Last year, U.S. auto sales fell 2 percent after hitting a record high of 17.55 million units in 2016. Sales are expected ...
Volkswagen will launch a new compact SUV internally called the "Volks-SUV" or People's SUV. It will be produced for the US, China and other markets outside of Europe. VW plans to sell 400,000 of these small utility vehicles every year. The new compact crossover will start in China. It will be built in a joint-venture factory. The new model is slightly more compact than the Volkswagen Tiguan. It will sit on the MQB architecture for cars with front transverse engines. VW approved the design last week. Europe won't be receiving the "Volks-SUV" because it al...
In Tunis a local BMW dealer poked fun at his competitor by placing a billboard saying "It's never too late to change your mind." The billboard was placed just a few meters from the dealer center selling various VAG products, including Audis, Porsches and VWs. As the footnote shows, the billboard was commissioned by Ben Jemâa Motors, an official BMW and Mini dealer in Tunisia. Just a few days later Audi issued a prompt response to BMW’s passive-aggressive message. The new billboard starting with a big “LOOOL” at the...
It seems like Nissan isn’t doing as great as we thought. Its sales went down due to high costs from improper final inspection procedures at home and higher discounts in the U.S.. Nissan's quarterly operating profit was 82.4 billion yen ($752 million) between October and December, down from 163.51 billion a year earlier. The automaker took a 39.6 billion yen hit in the quarter due to costs related to improper procedures for final inspections on vehicles produced at its Japan plants, while U.S. marketing and sales expenses, which include incentives, cost the automak...
If we take a look at the list of 2017's hottest U.S. vehicles, we'll see that none of them are passenger cars. Americans are fleeing passenger cars in droves. Instead, they're embracing roomy crossovers, sport-utility vehicles and pickup trucks with vastly improved fuel economy over days gone by. Here were 2017's three hottest-selling vehicles. Ford F-series: The Blue Oval automaker's marquee nameplate easily maintained its title as the best-selling vehicle in the U.S. Sales were up 9.3% for the year. With sales of 896,764 units for the year, the vehicle accounte...
