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U.S. auto sales this year have reached 17.5 million vehicles from 17.8 million, which means the demand is slowing down from individual buyers. The U.K.'s decision to leave Europe Union has left a big fingerprint on U.S' sales and it is already being felt because of the low demand on autos. Considering the deliveries last month were at a seasonally adjusted annual rate of 16.6 million, the analysts consider it is an impact of Brexit's decision. The softness in used cars must be also remembered, because people started to buy more used cars than in previous years. The ...
As it was revealed, the auto industry is concerned about the new fuel economy standards, which are going to be even tighter soon. So far, automakers have been able to meet tougher emissions and fuel economy standards. It will be more difficult soon, as between 2018 and 2025 these standards will be much tougher. According to the research made at the University of Michigan Transportation Research Institute (UMTRI), the US new-vehicle fuel economy decreases in June. The market share of SUVs and pickup trucks rose, while new hybrid, plug-in hybrid, electric and hydrogen-powered vehicles...
U.S. sales on light vehicles improved 1.5% year over year to 8.65 million units in the first half of 2016. It's a new record for first half of the year sales results. Seeing that sales increased 2.5% year over year to 1.5 million units in June 2016, was unexpected considering all of the negative surveys and predictions. We can't say that auto sales are on the right way from now on, because of seasonally adjusted annualized rate basis declined to 16.68 million units in the month from 17.46 million units in May 2016 and 17.01 million units in June 2015. It's imp...
While the automotive experts report a car sales growth in the first half of this year for the majority of the mainstream automakers, BMW group sees its brand sales in the United States down 9% over the same period a year ago.However several of BMW key models showed strong results: the X3 sport activity vehicle registered a 69.5% increase in sales for the period while the 7 Series increased its sales by 69.2% and the 2 Series notched an increase of 139.4% over the first six months. On the other hand Mini USA sales dropped 16.9% from 2015 sales figures. &n...
It's not a piece of news, that Bentley suffers from a significant decrease in its sales. The figures, which represent the sales in the U.S. made us think, that the British luxury car-maker lost an impressive amount of money. Bentley's sales is collapsed 53 percent, to 484 vehicles. Still, Bentley's Chief Executive Officer Michael Winkler is not concerned about this situation. He says he has a plan, which is a kind of ace in the hole and this plan will certainly bring the number of sales back. Winkler says that he was aware of the precipitous sales drop starting from...
