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As demand for the new E-class and SUVs rose, Mercedes-Benz took the lead in the luxury-car sales segment, its sales rose up to 11% in June. As we know for years, BMW, Audi and Mercedes have always been competitors to each other, being three most well-known and trusted German automakers. For so many years the first sales spot between them has been taken by BMW, and only know Mercedes was able to outrun it. Sales of BMW brand vehicles rose 2 percent to 192,873 last month, while third-placed Audi saw sales rise 1 percent to 170,650. Through June, Mercedes sold ...
Elon Musk showed off the first Tesla Model 3 vehicle on Twitter and Instagram over the weekend, sharing pictures of the shiny new four-door sedan parked in front of Tesla's production plant in Fremont, California. Tesla board member Ira Ehrenpreis was the first person to pony up the full deposit for a Model 3, and had rights to the first production unit. But he gifted it to the company's billionaire founder as a present on his 46th birthday, Musk said. Tesla is aiming to dramatically ramp up output of the eagerly awaited electric vehicle in the coming months. The first 30 c...
Another three large cars have been added to the Insurance Industry’s Auto Safety arm list of vehicles that have been given the highest rating for crash worthiness. The three receiving the Top Safety Pick Plus designation from the Insurance Institute for Highway Safety are the Lincoln Continental, the Mercedes-Benz E-Class and the Toyota Avalon. Tesla Model S, Ford Taurus and Chevrolet Impala didn't hit the top mark, they scoring "acceptable" on the small overlap front crash test and "poor" on the headlight test. To qualify for the top rating, ...
Toyota Motor Corp. posted its first U.S. sales gain of the year, despite a continuing slide at Lexus, as light-truck deliveries overcame weakness in cars. The automaker's 2.1 percent increase ended a drought that had seen sales fall 4.7 percent through May. Lexus, however, dropped 5.4 percent, for its ninth consecutive monthly decline. Sales at Toyota Division, including a small number of vehicles from the defunct Scion brand, grew 3.2 percent last month to 177,981 vehicles. For the first half of the year, the automaker reported a sales drop of 3.6 percent compared with the same...
Major automakers have reported their June sales data and let’s just say they were below our expectations. Even hefty consumer discounts and looser loan terms, couldn’t help car brands revive their new car sales.GM said its sales fell about 5 percent versus June 2016, but that the industry would see stronger sales in the second half of 2017 versus the first half. General Motors’ shares added 1.8 percent on Monday, while Ford shares rose 3.3 percent. Ford Motor Co said its June sales were hit by lower fleet sales to rental agencies, businesses and government entities...
