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While U.S. auto sales are likely to set a record before 2016 draws to a close as it beats last year's mark of 17.5 million new cars and trucks, 2017 probably won't fare as well. In fact, it may surprise many people as Ford, Fiat Chrysler Automobiles and General Motors are already closing production plants. Although last year's record will be broken, there's already a decrease in sales this December and forecasts say that the trend will continue throughout 2017. Apparently the three largest manufacturers in the country, Ford, General Motors and FCA, are already gettin...
Plastics have seen increased opportunities to get onto North American-made cars and trucks as automakers work to improve their fleets’ fuel economy. But the real growth lies ahead, when the need to reduce mass from today’s cars climbs to 15 percent and higher. In a new study, the Center for Automotive Research in Ann Arbor surveyed exactly what went into 44 different 2015 model year cars, then asked what materials carmakers would turn to if they need to cut 5 percent, 10 percent and finally 15 percent of the weight out of key parts. Jay Baron, CEO of the research group,...
Yes, this year will go down as another big year for the U.S. auto industry. The question is whether it will go down as another record year. Following a strong November showing, total U.S. sales through 11 months this year have surpassed those through the same point in 2015, which went down as the strongest sales year on record. But the difference is razor-thin – just 6,418 units. J.D. Power and LMC Automotive, in a forecast released Thursday, said 2016 should reach 17.5 million vehicles sold, breaking 2015's annual sales record by only about 26,000 units. That would mark a...
According to the new electric vehicle charger operator report, more than 500,000 electric cars have been sold in the United States. Between November 2015 and November 2016 were sold 30,000 plug-in hybrid or battery-powered electric vehicles. California, home of Silicon Valley and Tesla, has the highest number of electric vehicles in operation, ahead of Georgia, Washington, Florida and Texas. Tesla received 276,000 pre-orders for the “mass-market” Model 3 within two days of it going on sale in April, making it the most popular electric car ever produced Tesla t...
Automakers may recall as many as 400,000 vehicles that have Autoliv Inc. seat belt and airbag parts worldwide, the Swedish auto safety parts maker said on Friday. No crashes or injuries have been reported in the two separate issues Autoliv reported to U.S. safety regulators and the costs of the potential recalls will not be material to Autoliv earnings, company spokesman Thomas Jonsson said. Autoliv said there are possible glitches in its widely used seat belt pretensioners, which work to tighten seat belts to better secure a driver or passenger, and a product that initiates the pro...
