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Another three large cars have been added to the Insurance Industry’s Auto Safety arm list of vehicles that have been given the highest rating for crash worthiness. The three receiving the Top Safety Pick Plus designation from the Insurance Institute for Highway Safety are the Lincoln Continental, the Mercedes-Benz E-Class and the Toyota Avalon. Tesla Model S, Ford Taurus and Chevrolet Impala didn't hit the top mark, they scoring "acceptable" on the small overlap front crash test and "poor" on the headlight test. To qualify for the top rating, ...
Toyota Motor Corp. posted its first U.S. sales gain of the year, despite a continuing slide at Lexus, as light-truck deliveries overcame weakness in cars. The automaker's 2.1 percent increase ended a drought that had seen sales fall 4.7 percent through May. Lexus, however, dropped 5.4 percent, for its ninth consecutive monthly decline. Sales at Toyota Division, including a small number of vehicles from the defunct Scion brand, grew 3.2 percent last month to 177,981 vehicles. For the first half of the year, the automaker reported a sales drop of 3.6 percent compared with the same...
Major automakers have reported their June sales data and let’s just say they were below our expectations. Even hefty consumer discounts and looser loan terms, couldn’t help car brands revive their new car sales.GM said its sales fell about 5 percent versus June 2016, but that the industry would see stronger sales in the second half of 2017 versus the first half. General Motors’ shares added 1.8 percent on Monday, while Ford shares rose 3.3 percent. Ford Motor Co said its June sales were hit by lower fleet sales to rental agencies, businesses and government entities...
Another month, another drop in U.S. new-vehicle sales. Specialists are convinced that U.S. June car sales will mark the sixth consecutive year-over-year decline, which is going to be the worst half of a year since 2014. For June, forecasts from the most popular companies show sales coming in about 2 percent to 4 percent less than a year ago. The projections translate to a seasonally adjusted, annualized selling rate of 16.3 million to 16.6 million, which would be the lowest monthly rate in more than two years. GM, Toyota Motor Sales U.S.A., American Honda and Volkswagen Group of Ame...
Takata Corp. filed for bankruptcy protection in Japan and the U.S., after the world’s biggest automotive recall scandal. The company will be bought by the U.S. supplier Key Safety for $1.59 billion. The sale will not include some operations related to Takata’s business in the ammonium nitrate airbag inflators that were the subject of a global recall linked to defects that resulted in some airbags exploding with too much force and spraying the cabin with metal shards. Malfunctioning Takata airbag inflators have been linked to at least 16 deaths and 180 injuries worldwide ...
