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BMW has officially announced that it plans to produce a fully electric version of the three-door hatchback Mini. The car will go into production in 2019, and the battery electric drivetrain will be produced at BMW's Bavarian facilities, then transported to Plant Oxford where it will join the cars. BMW says there will remain a diesel variant in addition to the petrol, plug-in hybrid, and EV versions of the Mini. No prototype shots have been released of the upcoming cars; the current one was unveiled in late 2013. The UK production location isn't the only place where BMW build...
Automakers now can deploy up to 100,000 self-driving vehicles without meeting existing auto safety standards and bar states from imposing driverless car rules, this decision has been taken on Wednesday and approved by U.S. House panel. Representative Robert Latta, a Republican who heads the Energy and Commerce Committee subcommittee overseeing consumer protection, said he would continue to consider changes before the full committee votes on the measure, which is expected next week. The full U.S. House of Representatives will not take up the bill until it reconvenes in September after the ...
It seems like unlike sedans and coupes, the SUV and Crossover segments won’t slow down anytime soon. The latest survey shows that consumer loyalty for these two types of vehicles reached an all-time high in April. More than two-thirds of SUV and crossover owners who returned to the market in the first four months of 2017 purchased another new SUV or crossover. Consumer loyalty for SUVs and crossovers grew from 53 percent in 2012 to 66 percent in April 2017. Loyalty for all SUV and crossover body styles is now nearly 14 percentage points greater than the industry average -- 53 ...
U.S. auto sales plunged for the fourth successive month in June, down 3%. All the Detroit giants registered disappointing sales declines for the month compared to a year ago. Based on the first half of the year, the prospects for the remainder of the year look bleak, indicating this year’s industrial sales will fall short of last year’s record sales. The sales projections for the full year now stand at 17.1 million units, which would represent a 3% sales decline from 2016’s record sales. Retail demand has been waning over the past several quarters. SUVs and crossov...
Major automakers have reported their June sales data and let’s just say they were below our expectations. Even hefty consumer discounts and looser loan terms, couldn’t help car brands revive their new car sales.GM said its sales fell about 5 percent versus June 2016, but that the industry would see stronger sales in the second half of 2017 versus the first half. General Motors’ shares added 1.8 percent on Monday, while Ford shares rose 3.3 percent. Ford Motor Co said its June sales were hit by lower fleet sales to rental agencies, businesses and government entities...
