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While Mercedes-Benz sales in the U.S. dropped in May, demand on the German brand's cars in Europe and China grew considerably and helped to offset the general loss.The automaker's sales results in Europe and in China were also helped by robust deliveries of SUVs and compact models, which rose 16 percent and 42 percent respectively. Five-month registrations at the brand were up 12 percent to 818,175. While Mercedes' U.S. volume slipped 1 percent to 29,299, in Europe, Mercedes brand sales grew 13 percent to 74,268, helped by a 4.9 percent rise to 23,343 in G...
Toyota is heading into the summer with sales on the decline. While nearly all automakers reported sales problems this May, Toyota Motor's U.S. sales tumbled 9.6% last month.Almost all of the automaker's models posted sales declines.The automaker's namesake Toyota brand sold 192,657 vehicles, down 9.5% compared to the same period a year earlier. Sales of the luxury Lexus brand declined 10.1% to 26,682. In such a way analysts projecting declines for most major manufacturers in May, compared to the same month a year ago, were right. But Toyota suffered i...
Jaguar's F-Pace is a very promising new brand's crossover and the automaker expects it will become its best-selling model to date. There are already about 25,000 customers who pre-ordered the F-Pace ahead of its European launch at the end of last month. Jaguar predicts that China and the U.S will be the top two markets for the SUV.The biggest-selling Jaguar ever, the F-Pace, enters a fast-growing segment and will allow Jaguar to attract younger customers. The average age of Jaguar buyers is 54 and the F-Pace could reduce this to 44. Jaguar also e...
It's big vehicles time: crossovers, pickups, vans and SUVs ran car sales off U.S. roads in April. Roomy and fuel-efficient trucks accounted for 59.3 percent of light vehicles sold last month. If taking into consideration that last April, trucks represented 55.2 percent of the market, we may say that this year the highest level of truck sales ever for the month has been reached.Every car segment lost market share, from midsize and compact to sporty and alternative power. Every truck segment - volume and premium crossovers, pickup, van and SUV - gained market sh...
Volkswagen's efforts to solve the emissions scandal and to overcome its consequences came to a buy-back offer of almost 500,000 diesel cars that used sophisticated software to evade U.S. emissions rules. Volkswagen AG and U.S. officials have reached a framework deal under which the automaker would offer to buy back 2.0-liter diesel vehicles sold in the U.S. that exceeded legally allowable emission levels.The cars concerned by this offer will include versions of the Jetta sedan, the Golf compact and the Audi A3 sold since 2009. At the same time it does not apply to ...
