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  • Volkswagen's sales expected to increase up to 13.6%
    23 Feb 2017

    We’ve got a new forecast for you, before the real car sales results get revealed at the beginning of March. Expect for the auto market to sell 1,331,787 new cars and trucks in the US this month. This will be a 17% increase from last month, but a 1% decrease from February 2016. Also it was estimated that approximately 3.4 million used vehicles will be sold in February, compared to 3 million last month.  The long Presidents' Day holiday weekend undoubtedly contributed to the increase in sales from January. Typically, the holiday boosts sales volume by 20% compared to an avera...

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  • Electric car sales have risen up by 36% in 2016
    19 Feb 2017

    We’ve had a lot of signs that the electric car market has been rising for a lot of time, and its shares have risen through 2016 even more, but now we know that they shot up by 37%. We’ve got approximately over 30 battery-powered and plug-in hybrids offerings on the market, that’s like 159,139 vehicles for the US.  It’s the 70 percent year-over-year increase in monthly sales, which helped build the momentum to stronger overall sales. Of course, the sales jump by 37% comes following a five percent decline in sales from 2014 to 2015. The slight increase has spurr...

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  • Ultra-rare, $4 Million Lamborghini recalled
    14 Feb 2017

    The dozen owners of Lamborghini Venenos – an ultra-rare supercar that cost $4 million and up – will be receiving some bad news via registered mail: their Italian dream machines are being recalled. The 12-cylinder, 750-horsepower models that Automobili Lamborghini SpA billed as a “street-legal racing car” are among about 5,900 Aventadors the automaker will recall worldwide over risks that a fuel system fault could lead to fires.  Included in the recall are the only three Venenos hardtops sold, which carried a price of about $4 million (3 million euros), plus an...

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  • Lexus' supplies won't normalize until March
    12 Feb 2017

    After limited availability of Lexus models which led to a 26 percent fall in sales last month, we have realized that the carmaker is really short on supplies. It keeps on getting better this month, at least that’s what the general manager of Toyota’s luxury brand is trying to convince us about. Even so we’ve heard that the supplies won’t normalize until March.  Bracken said Lexus sold so many units in December that it went into the new year strapped for utility vehicles such as its top-selling RX, leading to a softer January than expected. Lexus sold 15,572 ve...

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  • FCA cars were allowed to skip key tests for illegal engine software
    08 Feb 2017

    Fiat Chrysler vehicles were allowed to skip key tests for illegal engine software during Italy's main emissions-cheating investigation in the wake of the Volkswagen Group scandal. The report, presented to a European parliamentary committee in October but never officially published, will be seized upon by environmental groups pressing lawmakers to vote on Thursday for tougher EU oversight of vehicle testing by national authorities.   The ministry findings, which have been circulated by some Italian opposition politicians and examined by Reuters, include complete sets of data for e...

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