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  • Tesla says new orders for its Model 3 won't be filled until mid-2018
    19 Oct 2016

    Tesla Motors Inc. said buyers who place new orders for Model 3 vehicles can expect to begin receiving deliveries as soon as mid-2018, with production starting as scheduled late next year. To dispel any misunderstandings with customers who’ve placed pre-order deposits and those considering, the automaker announced it wants to clarify timing for the long-anticipated electric car.   The Model 3, which is slated to begin at $35,000 before government incentives, is the key to Tesla’s plan to create a larger market for EVs. The company first unveiled the Model 3 at an event at ...

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  • Nissan reaches 20% growth in worldwide exports
    18 Oct 2016

    Nissan is very proud this September, since its Micra model was the most exported car from India, followed by Ford's Ecosport and General Motor's Beat. For the last few years, the Japanese automajor companies Nissan and Ford of US have been on the top slots. Month-over-month, one of the two companies will be number one and two.   7,412 units of Micra were exported in September. Ford's EcoSport sold 6,837 units while General Motors' Beat sold 6,643 units. Micra was launched by Nissan in 2010 and it was one of the successful products for the company both in domestic and ...

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  • A historically strong September but not for GM and Ford
    17 Oct 2016

    U.S. auto sales have been really strong this September, but it seems like this year dealership traffic appears to have lowered after more than six straight years of steady growth. Almost all the automakers: General Motors, Ford, Fiat Chrysler and Honda reported declines, but Asian counterparts like Toyota and Nissan managed to register growth.The seasonally adjusted annual rate for September stood at 17.45 million units. Retail sales have eased since solid numbers were seen in the second half of last year. As such automakers are heavily spending on discounts and incentives to keep their f...

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  • Market plateau elevated the role of fleet sales?
    16 Oct 2016

    If you don't know how to raise your U.S. market share in 2016, here is the answer – you have to turbocharge fleet sales. Actually, that may be the only way in an increasingly competitive market that has hit a plateau after six years of growth. Fleet activity has defined overall sales winners and losers, according to industry sources that track bulk sales to rental companies and commercial and government buyers.   Through September, major players with double-digit fleet increases posted net sales gains. Those that cut back or stood pat on fleet lost overall volume. Analysts ...

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  • Strong US truck sales: Ford posts best F-Series YTD retail month
    11 Oct 2016

    In September 2016, 67,809 units of F-Series pickup trucks were sold with a year-over-year (or YoY) decline of 2.6%. Despite this fall, the company posted its best YTD (year-to-date) F-Series retail sales in September. As you know, the F-150 is a full-size pickup truck. The significance of these trucks is immense for Ford, as trucks typically yield higher profitability than the Small Car segment.   However, Ford is not the only player in the pickup truck segment. Other automakers such as General Motors (GM), Fiat Chrysler Automobiles (FCAU), and Toyota (TM) also pose competition to th...

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