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2016 was the third straight year Americans bought fewer hybrids, plug-ins, and diesels than the year before. Even so, we have all the signs for the industry to get well in 2017, and show positive sales and new records. Last year, green car sales fell about 11 percent from the previous year, to about 446,000 units. We say "about" because Tesla Motors continues to be cagey when it comes to breaking out how many of its electric vehicles were purchased in the US, while South Korea's Hyundai and its sister company Kia are among those who won't break out hybrid sales at all. 2...
Tesla Motors Inc. reported fourth-quarter deliveries that fell short of its own forecasts as production delays continue to plague the carmaker led by CEO Elon Musk. The Palo Alto, Calif.-based maker of electric cars and energy-storage products delivered about 22,200 vehicles in the final three months of last year, according to a statement Tuesday. The total trailed the automaker’s projection for 25,000 units and brought its full-year tally to 76,230 vehicles, below its forecast for at least 80,000 units. Musk has a history of setting ambitious targets and timelines for Tesla a...
The EPA yesterday told an automaker lobbyist group that it will not extend the deadline for a review of strict fuel economy standards through the 2025 vehicle model year, indicating the agency will push ahead with a plan to make the rules final before the Obama administration leaves office Jan. 20. Acting EPA Assistant Administrator Janet McCabe informed the Alliance of Automobile Manufacturers, which includes most major automakers in the U.S. market. The auto manufacturers group had also requested that the EPA withdraw its plans to finalize the new standards. The denial of the aut...
Fiat Chrysler dealers will have to wait a bit longer for two highly anticipated big-ticket vehicles: a fully redesigned Ram heavy-duty pickup and a luxury SUV for Jeep, the Grand Wagoneer. It became clear that FCA's Ram brand will not redesign its current heavy-duty pickups onto its new DT pickup platform in 2018 but instead will keep the same body-in-white and refresh the existing DS-based model. Meanwhile, the automaker has placed a hold on its development of the Jeep Grand Wagoneer luxury SUV. The vehicle has been on Jeep's product plan since 2014 and was to boast three r...
Donald Trump tangled with the auto industry during the presidential campaign, decrying in particular Ford's plan to relocate small-car production to Mexico. Ultimately, Trump's tweet shaming was sound and fury, signifying nothing. US automakers have been building cars in Mexico and Canada for decades, long before borderless free-trade and NAFTA became major campaign issues. UBS auto analyst Colin Langan published a research note this week in which he assessed the impact of Congress' corporate tax reform plan — primarily a tax cut and a deal to repatriate offshore c...
