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Toyota is heading into the summer with sales on the decline. While nearly all automakers reported sales problems this May, Toyota Motor's U.S. sales tumbled 9.6% last month.Almost all of the automaker's models posted sales declines.The automaker's namesake Toyota brand sold 192,657 vehicles, down 9.5% compared to the same period a year earlier. Sales of the luxury Lexus brand declined 10.1% to 26,682. In such a way analysts projecting declines for most major manufacturers in May, compared to the same month a year ago, were right. But Toyota suffered i...
As it's been predicted the auto sales started to go down. Looks like for the first time in 6 years U.S. auto industry recorded such big monthly sales drop results. May volume fell 6.1% to 1.5 million vehicles. Even the low gasoline prices failed on stopping the car sales drop. Only some domestic brands as: Fiat Chrysler, Subaru, Kia and Hyundai managed increases this May. Even with this strong drop the annual sales didn't become much worse than in 2015, 17,46 million vehicles versus 17.47 million last year. Ford Motor Co. still has some optimistic thoughts on that even ...
Toyota Motor Corporation has recently declared that the company has recorded sales of 9 million hybrid vehicles. Toyota is currently selling thirty-three hybrid passenger car models and one plug-in hybrid model in more than ninety countries and regions. The Japanese car maker has recorded sales of 9.014 million units as it was declared on April 30. As for the the hybrid revolution in particular, it started with the Prius, which was launched in December 1997 in Japan and then subsequently in Europe and America. Prius still remains one of the most popular and spread hybrids on the...
Hyundai and its affiliate Kia sold an impressive number of 146,400 cars in the Chinese market last month, accounting for a combined 9.2 percent of the market. The CEO of Hyundai Motor America, Dave Zuchowski, has plenty of changes and challenges to deal with in order to reach a similar success on the U.S. market.In April the two automakers sold in China a total of 1.6 million cars. They took up over 9 percent of the Chinese market for the first time this year. Their combined market share continued to grow from 6.1 percent in January to 7.7 percent in February...
Can you guess which company is recalling next? Well, this might sound a bit strange but Ford Motor Co. is recalling nearly 271,000 previous-generation F-150s. It took the company dozens of complaints about front brake failures, nine crashes and a three-month investigation by federal safety regulators to realize there is something wrong with the models. As Ford said the problem involves fluid leaking from the master brake cylinder into the brake booster, it results into reducing braking ability. As the owners complained it was hard for them to stop the car even if they were pres...
