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Fiat Chrysler Automobiles NV’s U.S. unit failed to persuade a federal judge to throw out an antitrust lawsuit claiming it pushed dealers to submit fraudulent sales numbers to prop up the carmaker’s share price. Two dealerships owned by the Napleton Auto Group, including Napleton’s Arlington Heights Motors in Illinois, originally sued Fiat Chrysler in January, alleging racketeering, violations of antitrust laws and breach of contract. The original suit was never served on FCA and an amended complaint was filed in March. FCA denied the allegations in the suit. U.S. D...
The importer and distributor of Porsche 911, Boxter and Cayman sports cars, Macan, Cayenne SUVs, and the Panamera four-door sports sedan line-up in the United States, reported their September sales results, marking a new record month of all-time, by selling 4,479 models. September 2016 sales are up 1.2% compared to the same month last year. The Macan continues to lead in volume with 1,998 vehicle sales, a 72.2% increase over September 2015. Year-to-date retail sales stand at 40,246 vehicles, up 2.4% compared to last year. Macan deliveries are up 30% year-to-date. Porsche Approv...
It's three-quarters of the way through the year, and green-car watchers can probably surmise that 2016 won't likely be a banner year for sales of hybrids, plug-in hybrids, or – gasp – diesels. Through September, US green-car sales have fallen a solid 19 percent from a year earlier to about 321,000 units. And that's factoring plug-in vehicle sales that have risen 16 percent to almost 87,000 units. With that context, then, September wasn't a bad month: last month's green-car sales were down just one percent from a year earlier to more than 40,000 vehicles. &n...
The 2017 Audi Q5 is the best SUV for you if you want a stylish and comfortable premium-compact crossover that’s available with one of the segment’s most potent powertrains. Audi US boss, Scott Keogh say that still, the first Q5 is the most successful Audi they have ever launched by far. Now Keogh has to repeat the success with a whole new, second generation Q5, which saw its debut in Paris. Similar in certain design elements to the latest Q7, the 2018 Q5 will be built mainly at a new plant in Mexico and sold all over the world, including in China. Keogh claims that they ...
Japanese automakers Toyota Motor and Nissan Group posted U.S. sales increases in September, while Honda sales were flat, despite projections of an overall industry decline for the month. Toyota's sales rose 1.5% for the month to 197,260 vehicles, as the company's namesake Toyota brand rose 1.4% and its luxury Lexus brand increased 2%. American Honda sold 133,655 units in September, just 95 fewer than it sold a year earlier. The namesake Honda brand recorded a 1.5% increase, while the Acura luxury brand fell 12.9%. Nissan Group posted a surprisingly strong month for U.S. sale...
