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Sedan sales are falling across the industry, and automakers are reacting to this. General Motors reacts by halving Cruze production at its Lordstown, Ohio factory, probably impacting around 1,500 workers there. This factory only produces Cruze, and there are working just under 3,000 employees. The news comes as sedan sales, in general, are down 13.2 percent this year while crossover, SUV, and truck sales grew seven percent. Sales for the Cruze are even worse than the industry average, 28 percent. Last year, Chevy sold just over 184,000 Cruze models. The sales' decline forced the...
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 ...
General Motors will stop reporting the U.S. vehicle sales. The company thinks that the snapshot of 30-days doesn’t reflect the actual situation of the market. GM will also no longer report monthly sales in China, its largest market, and Brazil. The company will still have to provide its monthly sales to the U.S. Federal Reserve, industry associations and government agencies across the globe but the information won’t be public for simple people anymore. GM and its Detroit rivals Ford Motor Co and Fiat Chrysler Automobiles NV have relied heavily on sales of high-margin pic...
After a car crash, some people may not have a clear enough head to do exactly what they need to do. They may forget to call or may wait too long. Some of them may be even unconscious or trapped inside the car. But starting April 1st, 2018, the drivers in Europe don't have to worry about these things anymore because all the new cars will have to be equipped with eCall, a technology through which the cars will call the police themselves. According to a law that was passed in 2015, all the automobile manufacturers will be required to equip their vehicles with eCall technology. It i...
The auto industry is warning that US sales declines, which have been consistent over the past year, may continue thanks to tariffs US President Donald Trump plans to slap on steel and aluminum imports. Toyota Motor, which plans to build a new $1.6 billion factory in Alabama with Mazda Motor, said the administration's decision will "adversely impact" car companies by raising costs and prices of cars and trucks sold in the US. That's even as more than 90 percent of the steel that Asia's biggest carmaker uses in the US is from that country. Trade groups represent...