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BMW held on in December to top the U.S. luxury segment in 2015 for its fourth luxury-sales crown in five years.BMW won the U.S. luxury-auto sales crown even with a 17 percent drop in December deliveries, ahead of Lexus and Mercedes-Benz.BMW finished 2015 with luxury sales of 346,023 vehicles, followed by Lexus with 344,601 and Mercedes with 343,088. All three brands set annual sales records last year.The results exclude BMW’s MINI models and Daimler’s work trucks and Smart cars, which aren’t luxury vehicles.The German automakers have held the top spot in U.S. luxury sales sin...
Ferrari is recalling some 2016 California T vehicles because of the risk of fire from a fuel leak.The recall affects all 2016 Ferrari California T models made from September 8, 2015 to November 11, 2015. That’s 185 cars in all, here in the United States.The vehicles in question come with a low pressure fuel line that might not connect properly to the fuel pump feed pipe. The poor connection can lead to a fuel leak in the engine bay, hence the fire hazard.The California T Convertibles have a base price of more than $231,000. Over 50 Ferrari dealers received a stop sales notice of the Cali...
The National Highway Traffic Safety Administration announced that an eighth fatality in the U.S. has been linked to a defective air bag made by Takata, marking the first reported death since April and the ninth worldwide.The auto safety agency also said it named a former US Justice Department official to oversee the massive recalls of airbags and the Japanese parts firm's compliance with a settlement.NHTSA spokesman Gordon Trowbridge told reporters on a conference call that the death took place in July in a recalled used 2001 Honda Accord coupe near Pittsburgh, Pennsylvania. The unidentifi...
German automaker BMW has been fined $40 million by the National Highway Traffic Safety Administration for failing to issue safety recalls in a timely manner to Mini owners. The fine, announced on Monday, caps a year of auto industry crackdowns by the Department of Transportation and the Environmental Protection Agency. Regulators have come down hard on the auto industry for problems ranging from air bag defects to cheating on emissions tests.The MINI Cooper Hardtop was recalled for the same issue in December of 2014, prompting the NHTSA's investigation for non-compliance.As part of the set...
December promises to be the strongest month in auto sales. It is expected to set an annual record with 17.5 million sales in 2015, according to a monthly sales forecast developed jointly by J.D. Power and LMC Automotive.The car retail sales are projected to reach 1,400,100 units, while total light-vehicle sales are expected to reach 1,712,200, both a 6% increase on a selling-day adjusted basis, compared with December 2014. Both sales volumes are also the highest for any month since July2005, when retail sales hit 1.64 million units and total sales 1.80 million units.“We now have greater ...
