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The best performers in the US luxury car segment Mercedes-Benz, Lexus and BMW had a serious struggle for this June sales primacy. The three mentioned brands are traditionally the most popular among the U.S. buyers, however, Mercedes sales are the highest based on a half year data. According to recent reports BMW sales in US fell by 10 percent last month. The brand only reflected sales amounting to 28,473 units. Lexus sales in US slipped down by 1.3 percent. Toyota’s luxury car division showed 25,779 unit sales. While Mercedes sales rose up to 1.5...
It seems to us that people have finally realized the importance of light trucks, and SUV's considering this month the auto sales have risen thanks to these cars. Across, the industry June sales hit a new record for the month, rising 7.4% to 191,088 on an annual basis. It's incredibly important to notice that the sales on trucks, SUV's and vans have grown not for 4-5% but for 14% at one time, which of course is a big step for automakers. Yeah, of course we are deeply sad for the sedans sales considering they fell 2.9% but even that didn't change the thing that we stepped into an...
Isn't this year a good one for U.S auto sales? Well, even if many surveys and predictions put the industry under the question “will it work this time”, it seems like we are halfway to another record year. As the first half of the year has finished we've come to get some positive results, the 2016 auto sales are up 1.4% from a year ago. Isn't it a sign that the market is reaching a plateau after rebounding from the depths of recession with six consecutive years of hefty growth? It's important to notice that considering all the negative expectations every y...
According to analysts and industry executives when auto dealers reveal their reports for June, the results will not have any impact from Great Britain's June 23 decision to leave EU. Even with this sad news the job growth and consumer confidence remain strong and credit is freely available. One company that will likely report that has lost sales market will be General Motors, it continues to wean itself from low-margin sales to rental agencies and concentrate on more profitable sales to consumers. The GM vice president of U.S. sales operations says that that he sees a seasonally...
After the tragic death of Anton Yelchin, all of Fiat Chrysler's skeletons got out of the closet. The investigation of the Jeep Grand Cherokee models has started and it brought up some new proof on the fact that Grand Cherokee had some serious defects. U.S. safety regulators said on Tuesday that 68 injuries and 266 crashes on the same model were reported. All of the affected models had a type of gear-shifting control that has confused some consumers and led to rollaway incidents. After that The National Highway Traffic Safety Administration indicated that there were no deat...
