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As consumer demand continued to weaken, the most powerful automakers have revealed their car sales for April 2018, and the results weren’t as good as expected. Auto sales have been on a bit of a roller coaster ride this year, with a weak performance in February followed by a jump in sales for some automakers in March.Ford Motor posted a 4.7-percent decline in sales, with retail sales to consumers down 2.6 percent. The No. 2 U.S. automaker said sales of its popular pickup trucks were up 0.9 percent, but SUV and passenger car sales were down 4.6 percent and 15 percent respectively.Nis...
Ford said on Wednesday that the only passenger cars that it plans to keep on the North American market will be the Mustang and the upcoming Ford Focus Active which is a crossover-like hatchback that is due in 2019. That means that the regular Focus, Fiesta, Taurus, and Fusion won’t be available in the United States and Canada. Ford will continue to offer its full spectrum of SUVs, trucks, and crossovers. By 2020, almost 90 percent of Ford’s portfolio in North America will be trucks, utilities, and commercial vehicles. The car manufacturer is exploring new vehicle models ...
Last fiscal year the sales of Nissan surged 10%, driven by growing customer demand for the zero-emission Nissan LEAF, the world’s best-selling EV. Across all the major markets: Japan, Europe and the U.S., this electric car posted robust sales growth in the fiscal year that has ended on March 31.Demand is expected to keep rising as customers embrace the new, second-generation Nissan LEAF, which offers increased range and new, advanced technologies. Sales of the redesigned model, introduced in October 2017, are gaining traction in Japan and the U.S. The all-new LEAF is set to go on sa...
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...
For Ford Mustang enthusiasts, April 17 is a special date. In 1964, Ford unveiled the pony car at the World’s Fair in Flushing Meadows, New York. It became an overnight sensation. Now, 54 years later, the iconic muscle car is the best-selling sports coupe in the world for 2017. Ford sold 125,809 Mustang coupes and convertibles in 2017. The world is falling in love with this car, Mustang representing the best of American design, performance, and freedom with unmistakable personality. The United States is the car’s best market. Ford sold here 81,866 Mustangs. But, other mar...
