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According to the National Safety Council, there are more than 27,000 car accidents each and every day in the United States. Nobody is seriously injured in the majority of these crashes, but the vehicles definitely sustain damage, and not all of that damage is reported to insurance agencies or repaired. In most cases accident damage is "typically reported by an insurance agency or body shop," while other times "visible paintwork or damage was highlighted by an inspector, but un-flagged by a vehicle history report." Here is the list of the vehicles most likely to be involved ...
We’ve been a bit worried about the car market after Ford Motor announced that it plans to cut 10 percent of its salaried workers. General Motors didn’t show better results, it reported a 4.7 percent sales drop on April, just like Fiat Chrysler who might get sued for using illegal software which violate the U.S. clean-air rules. We’ve been trying to understand the reasons for the slump, and here’s what we got: Demand has peaked. Last year, there was a record vehicle sales volume of 17.55 million. But the National Automobile Dealers Association forecasts ...
Ford Motor Co. is doing its best to fight the downturn in the car market but it’s not that easy, and it seems like it’s not that easy, and the fight is almost lost. The major American automaker is preparing for major reductions to its worldwide workforce amid CEO Mark Fields’ renewed efforts to hike profits and address the company’s falling share price. Ford plans to shrink its salaried workforce in North America and Asia by about 10 percent, and will offer generous early retirement incentives to reduce its salaried ranks by Oct. 1, but the company does not p...
FCA is on its way to recall more than 1.25 million pickups worldwide for a software error linked to reports of crash death and 2 injuries. This erroneous code could temporarily disable the side airbag and deployment seat of belt pretensioners- which reduce seat belt slack during impacts during a vehicle rollover spurred by a significant underbody impact, such as striking onroad debris or driving off-road. The company will reprogram computer modules in the affected vehicles to address this error. An FCA spokesman said the likelihood of an incident was very low because a sequence...
We’ve got for you a new forecast, and we are afraid it’s not a positive one. Expect the new car sales in U.S. to drop 3.1% in April to 1.445M units. Sales for mid-size SUVs/crossovers are expected to be 8%, while compact and small car sales are seen falling. Mid-size SUVs appear to have the largest impact in swaying consumers from buying mid-size cars and minivans, both of which are down 20 percent this year. The 2017 calls for U.S. auto sales might be approximately in the range of 16.8M to 17.3M units, which represents a 1% to 4% decline from last year. ...