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General Motors is in trouble again. The company is recalling almost 800,000 Chevrolet Silverado 1500 models and GMC Sierra 1500 trucks worldwide, because these vehicles could lose steering. The largest U.S. automaker said the 2014 model year trucks could suffer a temporary loss of electric power steering, especially during low-speed turning maneuvers, according to documents disclosed Friday by the National Highway Traffic Safety Administration. This car recall includes about 690,000 vehicles in the U.S., 80,000 in Canada and around 25,000 in other markets. GM dealers will refla...
With Tesla Model 3 deliveries beginning, July may be the last month for a while in which the growth of green-car sales in the U.S. can be measured with some sense of accuracy and perspective, as all signs point to a spike in year-over-year growth from here on out. And with that in mind, things didn't look great last month. In fact, year-over-year sales of hybrids and plug-in vehicles were down for the first time this year, falling 9.6 percent from a year earlier to about 37,600 units. Plug-in-vehicle sales remained on the positive side of the ledger, though they slowed to a 16 ...
After we’ve found out that almost each automaker has revealed sale decrease for July 2017, we had been thinking that probably specialists were right calling the car industry doomed, but now that w know that Subaru Corp.’ sales climbed 18%, we’re not so sure anymore Operating income climbed 18 percent for the company’s fiscal first quarter ended June 30. Net income increased 4.4 percent to 82.33 billion yen ($732.9 million) in the period. Revenue advanced 11 percent to 854.77 billion yen ($8.90 billion) in the April-June period, driven by an 11 percent in...
Despite the good promotion and ecstatic headlines about the new Tesla Model 3, the car hasn’t managed yet to become number 1, the green market is still being dominated by its big sister Model S. The Chevy Bolt, with a record sales month, took the #2 spot, inching out my estimate for the Model X. After that, the plug-in hybrid Toyota Prius Prime and Chevy Volt round out the top 5. Despite the addition of some extremely quick competitors on its track, the Nissan LEAF landed a healthy monthly sales total — still well above 1,000 cars a month — to take the #6 spot. Aft...
There are many automakers nowadays switching to the safe electric side, and we can’t ignore that. Maserati has promised that all its new Maseratis will be part-electric starting with 2019. It seems like Maserati is going to be the end of conglomerate’s push towards electrification, Ferrari by the way will follow up. The first all-new fully-electric Maserati won’t arrive until 2020, based on the Alfieri concept of 2014. Before then, 2019 should see all existing product lines fitted with electric motors in as-yet unconfirmed configurations – although ...