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  • Ford Motor Company maintains a positive momentum in its U.S. sales
    06 Jul 2016

    While General Motors struggles to stay afloat with its sales that seem to be declining at the wake of every month, Ford Motor Company maintains a positive momentum and records a  a solid 6.4% increase in U.S. deliveries. Ford made a lot of sales from the increased sales of vehicles and more so of the full-size pickups. There is also a higher demand for Ford’s F-Series lineup having sold more than 70,000 F-Series trucks this June. Ford has to profit from the increasing consumer preference for larger vehicles. However, Ford’s sales to car rental companie...

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  • The US new-vehicle fuel economy decreases in June
    05 Jul 2016

    As it was revealed, the auto industry is concerned about the new fuel economy standards, which are going to be even tighter soon. So far, automakers have been able to meet tougher emissions and fuel economy standards. It will be more difficult soon, as between 2018 and 2025 these standards will be much tougher.  According to the research made at the University of Michigan Transportation Research Institute (UMTRI), the US new-vehicle fuel economy decreases in June. The market share of SUVs and pickup trucks rose, while new hybrid, plug-in hybrid, electric and hydrogen-powered vehicles...

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  • Volkswagen's huge settlement announced!
    27 Jun 2016

    The fuel-emissions scandal of Volkswagen continues. Did you know that Volkswagen AG's settlement for about 50,000 owners and government regulators over polluting vehicles is valued at more than $15 billion cash? That amount is very high even for such a powerful company as Volkswagen.  We will know more precisely about this settlement on Tuesday in Washington, when it will be announced that the company has to return to the owners $10.033 billion over diesel emissions of about 475,000 vehicles and approximately $5 billion in funds to offset excess diesel emissions and boost zero em...

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  • The worldwide stock prices fall because of UK's departure!
    24 Jun 2016

    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...

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  • Mitsubishi may resume the sales of its fuel efficiency scandal concerned cars
    22 Jun 2016

    Mitsubishi Motors and Nissan will resume the sales of the cars that were embroiled in the fuel efficiency scandal, after the Japan's Land, Infrastructure, Transport and Tourism Ministry officially allowed it. These news concern more precisely the eK Wagon, eK Space and the Dayz and Dayz Roox models Mitsubishi manufactures for Nissan.   Mitsubishi has submitted revised mileage results that were already based on current parameters issued by the ministry. The authorities decided to issue the automaker a stern reprimand, after checking emissions, which passed the ...

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