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As consumer demand continued to weaken, the most powerful automakers have revealed their car sales for April 2018, and the results weren’t as good as expected. Auto sales have been on a bit of a roller coaster ride this year, with a weak performance in February followed by a jump in sales for some automakers in March.Ford Motor posted a 4.7-percent decline in sales, with retail sales to consumers down 2.6 percent. The No. 2 U.S. automaker said sales of its popular pickup trucks were up 0.9 percent, but SUV and passenger car sales were down 4.6 percent and 15 percent respectively.Nis...
General Motors Co and Fiat Chrysler Automobiles, both posted sales gains in new vehicles in March. The luckiest this month is GM, the company revealed a 16% jump in new car sales compared to the same month last year. Fiat Chrysler reported a 14% increase in sales in March. FCA said it saw a 45% spike in sales of its popular Jeep models, giving the brand its best sales month on record. The strong results for March followed a weak performance in February. Last year, U.S. auto sales fell 2 percent after hitting a record high of 17.55 million units in 2016. Sales are expected ...
Hyundai recalls 43,941 2018 Hyundai Santa Fe and Santa Fe sports crossovers. Other 8,456 vehicles in Canada were also recalled for the possible defect. There were no injuries or accidents associated with the defect or incidents where the defect was discovered while a vehicle was in motion. The recall includes vehicles that were manufactured between July and October 2017 at Hyundai's Alabama-based manufacturing plant. The automaker reports in National Highway Traffic Safety Administration documents that these SUVs could have been manufactured with "defective steering wheel&q...
BMW has just discovered that it has installed the wrong programming on its luxury 5 and 7-series models. Due to this issue, all the models with the unsuitable software would be recalled. The automaker did inform the relevant authorities immediately after the problem has been discovered.BMW issued the statement after a report in news suggested it had installed software that manipulated emissions of harmful gases such as nitrogen oxide, something its management has always denied. Competitor Volkswagen reached a multi-billion-dollar U.S. settlement after admitting installing so-called "defea...
It seems like Nissan isn’t doing as great as we thought. Its sales went down due to high costs from improper final inspection procedures at home and higher discounts in the U.S.. Nissan's quarterly operating profit was 82.4 billion yen ($752 million) between October and December, down from 163.51 billion a year earlier. The automaker took a 39.6 billion yen hit in the quarter due to costs related to improper procedures for final inspections on vehicles produced at its Japan plants, while U.S. marketing and sales expenses, which include incentives, cost the automak...
