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A vigorous court challenge is to be expected. New Work State’s general and 12 other top state law enforcement’s try to roll back vehicle emission rules announced by Trump’s administration before. In March, President Donald Trump ordered a review of U.S. vehicle fuel-efficiency standards from 2022-2025 put in place by the Obama administration, saying they were too tough on the auto industry. The push to weaken the rules by the Trump administration comes as automakers are worried that consumers shift to larger vehicles and low gas prices will make it expensive or impo...
Analysts are lowering estimates for 2017 vehicle sales after five months of industrywide deliveries declining from a year earlier. Among the reasons: automakers are showing more restraint on discounts than expected and gridlock in Washington reduces the likelihood of a second-half surge. Analysts reduced their full-year projections this spring, dialing the consensus back to 17.2 million light vehicles. The industry set a record with 17.55 million cars and light trucks sold last year, aided by a jump in shipments to rental-car companies and other fleet buyers. The auto industry has b...
Chevrolet Camaro deliveries in the United States totaled 7,841 units in May 2017, an increase of 34.6 percent compared to 5,827 units sold in May 2016. In the first five months of 2017, sales of the sports car are flat over 2016 levels. In Canada, the Camaro recorded 447 deliveries in May 2017, an increase of 10.6 percent compared to 404 units sold in May 2016. In the first five months of the year, Camaro sales totaled 1,369 units in Canada, an increase of 16.3 percent compared to the first five months of 2016. By comparison, Dodge Challenger sales grew 2.3 percent during the month ...
Hyundai USA and its smaller affiliate Kia Motors revealed their US sales and it turns out that even though their sales in China plunged 65%, the situation was a bit different here in US. Their combined sales in the U.S. market fell 1.9 percent in April and 11.5 percent in May, continuing on the downward spiral. According to the data compiled by Hyundai Motor America and Kia Motors America on June 2, the combined U.S. sales of Hyundai-Kia Motors in May decreased 11.5 percent on-year to 118,518 units. By brand, Hyundai Motor sold a total of 60,011 units in the U.S. last month, do...
Toyota defended its title as the world's most valuable car brand in a new ranking, holding off BMW and Mercedes-Benz. Tesla, meanwhile, made the biggest improvement, rising two spots to No. 8 because of a 32 percent increase in its brand value. Toyota's brand value decreased 3 percent to $28.7 billion as increased sales were offset by tough currency challenges as well as increased investment and rising labor costs. Toyota is seen as a reliable, quality value brand. Even when it was going through its recall problems, the users were saying, ‘What’s all the fuss ab...