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After a record-breaking 2015, luxury sales are expected to slow down, that's what analysts say. It is hard to compete with last year's sales results, and we knew it all along. One of the Analysts say that at the moment, the possibility of 2016 to be able to beat 2015's record, is close to 0. For the past 10 years, sales for premium brands have grown faster than non-premium carmakers and SUVs have sold faster than cars. Though that trend is expected to continue, the market for new luxury cars and SUVs is beginning to cool after showing signs of tapering toward the end of ...
Ford has reported a 9% drop in second quarter last week, this is how the auto industry analysts got scared that car sales will slow down after 7 years of prosperity. Now the official U.S. sales have aired and it seems that the industry has really reached a plateau. Company July 2015 July 2016 % Increase Fiat Chrysler A. 181,081 181,538 0.30%Ford Motor Company 222,014 215,268 -3.00%General Motors 272,512 267,258 -1.90%Mazda North America 27,157 27,915 2.80%Honda Motor C...
Experts say that the American automotive industry is on pace for a second consecutive year of record sales in 2016. June sales were up again, even if the speed of the sales growth slowed: new car and truck sales in the United States through June were up 1.5 percent.Passenger car sales are down 7.5 percent through June. The sales are being driven by hot-selling pickups, sport utility vehicles and crossovers. Through the first half of the year, light-duty trucks, which include some SUVs and crossovers, accounted for about 58 percent of sales. Analyzing the results of this fi...
Jaguar Land Rover has recently reported record sales and a 10 per cent rise in revenues, but this didn't increase the annual profits of the carmaker. On the contrary, annual profits at Jaguar Land Rover have paradoxically fallen 40 per cent.This year the British automaker's sales increased 13 per cent to 521,571, and it is the first time the company has broken through the half-million sales barrier. JLR said its pre-tax profits fell down considerably a year earlier, primarily reflecting market conditions during the first half of the year, especially in Chi...
Recent news about U.S. car recalls because of technical problems with Takata airbags have to be completed with new details from Toyota Motor Corp. that is recalling almost 1.6 million additional vehicles for front passenger side Takata airbag inflators that could rupture.Faulty Takata inflators have been linked to more than 100 injuries and 13 deaths worldwide. Toyota said the new recall includes some but not all Corolla, Matrix, Yaris, 4Runner, Sienna, Scion xB, Lexus ES, GX and IS vehicles built between 2006 and 2011. This report will be folowed by data from other 17 auto...
