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It's not a piece of news, that Bentley suffers from a significant decrease in its sales. The figures, which represent the sales in the U.S. made us think, that the British luxury car-maker lost an impressive amount of money. Bentley's sales is collapsed 53 percent, to 484 vehicles. Still, Bentley's Chief Executive Officer Michael Winkler is not concerned about this situation. He says he has a plan, which is a kind of ace in the hole and this plan will certainly bring the number of sales back. Winkler says that he was aware of the precipitous sales drop starting from...
It seems to us that people have finally realized the importance of light trucks, and SUV's considering this month the auto sales have risen thanks to these cars. Across, the industry June sales hit a new record for the month, rising 7.4% to 191,088 on an annual basis. It's incredibly important to notice that the sales on trucks, SUV's and vans have grown not for 4-5% but for 14% at one time, which of course is a big step for automakers. Yeah, of course we are deeply sad for the sedans sales considering they fell 2.9% but even that didn't change the thing that we stepped into an...
According to analysts and industry executives when auto dealers reveal their reports for June, the results will not have any impact from Great Britain's June 23 decision to leave EU. Even with this sad news the job growth and consumer confidence remain strong and credit is freely available. One company that will likely report that has lost sales market will be General Motors, it continues to wean itself from low-margin sales to rental agencies and concentrate on more profitable sales to consumers. The GM vice president of U.S. sales operations says that that he sees a seasonally...
The Toyota Camry is one of the best selling models of the automaker. The sedan has a U.S.-sold domestic content of 75 percent, this fact being important for the annual American-Made Index, in which Camry took the top spot for this year.Toyota sold 429,185 U.S.-built Camrys in 2015 in the U.S. Sales for the current year through May fell 6 percent to 167,149 vehicles. Other vehicle models that followed Toyota Camry in this rating are Honda Accord, Toyota Sienna, Honda Odyssey, Honda Pilot, Chevrolet Traverse, GMC Acadia and Buick Enclave. According to various surve...
After UK announced its decision of leaving European Union a huge scandal in auto industry has started. First of all you should know that the auto industry was affected a lot, stock prices across the world have taken a huge hit following Brexit. Have you wondered how do investors feel like now? Their confidence has dropped across many sectors, of course auto industry is one of them. Considering the country is one of the largest manufacturing hubs in Europe, it now has to make a decision upon the way it will move on from this exit. The most important question here is will Europe and U...
