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The 2019 Chevrolet Silverado 1500 has been in the news a lot recently for many good reasons, among them its upcoming arrival at dealerships. But is it possible for the new Silverado to surpass F-150 in sales? Anything is possible, only if they use the right strategy. According to Automotive News, Chevrolet has literally “restructured” its full-size pickup truck is not only design and materials but also its lineup range. What was lacking before is now present. For example, for 2019 there will be three new trims to help expand the Silverado’s market share. These new ...
The National Highway Traffic Safety Administration has reportedly opened an investigation regarding fire complaints in the 2015-2018 Ford F-150 full-size pickup truck. However, the source of these reported fires is not the typical culprit, the engine, but the truck’s seat belts. Ford has already announced it is fully cooperating with the government’s investigation of some 2 million potentially affected trucks. “We take the safety of our customers very seriously,” said a Ford spokeswoman. They are investigating the matter and will cooperate with the agency. A ...
Because of low gas prices, people are trading their small cars for large trucks and SUVs. Back in 2013, the US car market was split between cars and trucks, but trucks have seen a massive boom in popularity. Automotive News reports that through May 2018, trucks outsold cars by two-to-one. Automakers like Ford are changing their strategies, killing off small sedans and hatchbacks to focus on SUVs and mid-size trucks. Many experts predict that truck sales will continue to grow well into the next decade. As trucks become more popular, cars are experiencing their worst sales year in dec...
Despite a massive fire at the Meridian Magnesium Products facility in Eaton Rapids, Michigan, Ford’s Dearborn Truck Plant will resume F-150 production on Friday, May 17th. Ford officials say that the supply chain for the Super Duty is also restored, which should lead to production restarting at the Kentucky Truck Plant by Monday, May 21st. The Kansas City Assembly Plant is also scheduled to resume work by May 21st. After the May 2nd fire, Ford teams addressed safety concerns and restored electricity as quickly as they could. Their goal was to retrieve and relocate tools so pro...
The profit of the Japanese automaker- Toyota has increased 43% in the latest quarter as cost-cutting, lower selling outlays and falling warranty expenses offset unfavorable foreign exchange rates and helped the automaker to have a record full-year net income.Operating profit rose to 629.6 billion yen ($5.93 billion) in the carmaker’s fiscal fourth quarter ended March 31, while net income advanced 21 percent to 480.8 billion yen ($4.53 billion). Revenue rose 1.9 percent to 7.58 trillion yen ($71.36 billion). Global retail sales increased 2.2 percent to 2.6 million vehicles in the January-...