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After years of slow sales, Volkswagen is finally killing off the Touareg for the US market. Despite the ever-growing popularity of SUVs and crossovers, the Touareg never quite made a mark in America. Sales of the near-luxury SUV were down 26 percent in the first half of 2017, with just 1,630 units rolling off dealer lots. There's no one reason for the decline in sales, but the premium price tag cannot have helped. The 2017 Volkswagen Touareg starts at $50,405 in the US, with the top of the range Executive trim starting at $61,105. For reference, the all-new 2018 Volkswagen Atlas...
As demand for the new E-class and SUVs rose, Mercedes-Benz took the lead in the luxury-car sales segment, its sales rose up to 11% in June. As we know for years, BMW, Audi and Mercedes have always been competitors to each other, being three most well-known and trusted German automakers. For so many years the first sales spot between them has been taken by BMW, and only know Mercedes was able to outrun it. Sales of BMW brand vehicles rose 2 percent to 192,873 last month, while third-placed Audi saw sales rise 1 percent to 170,650. Through June, Mercedes sold ...
China has asked 3 major automakers to fulfill their obligations and finally recall the cars in China with Takata airbags, these automakers are: General Motors, Daimler's Mercedes-Benz and Volkswagen. The three foreign carmakers have to date only proposed recalling a small number of vehicles for testing and analysis instead of providing recall plans, the General Administration of Quality Supervision, Inspection and Quarantine said on its website late on Thursday. The watchdog said it met the carmakers' representatives and urged them to fulfill their legal obligations and reca...
The headlines for Hyundai Motor America's 2016 sales results were the kind any automaker would be proud of: Despite a car-heavy lineup, tight crossover supplies and thin incentive support, Hyundai and the new Genesis brand combined for a seventh consecutive year of record sales. But how Hyundai got there raises questions about the brand's sales tactics and its prospects heading into a softening market, including whether it relies too heavily on sales to rental agencies and to dealerships themselves, dealers and people familiar with Hyundai's sales operations say. The str...
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...
