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The hurricane recovery and the strong truck and SUV sales weren’t enough to keep the U.S. car sales high in October. Sales for the month fell 1.3 percent compared with a year ago as slowing demand made it almost certain that 2017 will be the first year with declining sales in seven years. Full-year sales almost certainly will fall below last year's record of more than 17.5 million, although most analysts say demand is still healthy. Automakers reported selling 1.35 million vehicles for the month. Ford, Honda, Nissan, Toyota and Volkswagen all reported gains for October on ...
Ford and Volkswagen have to face new problems, as a new coalition of environmental groups have launched a campaign to persuade automakers to live by their commitments for meeting emissions and fuel economy targets for the next decade. It accused the industry of colluding with the Trump administration to loosen the clean-car standards. The coalition initially plans to pressure Ford Motor Co. and Volkswagen Group of America to publicly support the fuel efficiency program, one of President Barack Obama's key initiatives for curbing greenhouse gases that contribute to climate change. It w...
A new coalition off major automakers, suppliers and auto dealers is being launched, it will try to urge President Donald Trump not to withdraw from the North American Free Trade Agreement. Nearly every major automaker is part of it: General Motors, Toyota Motor Corp., Volkswagen AG, Hyundai Motor Co., Ford Motor Co. and few others. They are backing an advertising campaign to convince the White House and voters that the agreement has been crucial in boosting U.S. automotive sector production and jobs. Trump has threatened to withdraw from the trade deal with U.S., Canada and Mexico, which ...
About 310,000 Sienna minivans are recalled by Toyota Motor Corp. in the U.S.. The carmaker will work on fixing shift levers that could move out of park, perhaps causing the vehicle to roll away. The recall affects 2005-07, 2009 and 2010 Siennas, the automaker's North American unit. "Grease inside the shift lever assembly could transfer to other internal components," causing them to malfunction, Toyota said. The problem may cause the shift lever to slip out of park without the brake being pressed. This could cause the vehicle to roll away and may lead to a crash. The company ...
General Motors donates $5 million to a nonprofit organization founded by the patriarch of its largest American rival. The donation was announced Tuesday by the GM’s head of global product development, purchasing and supply chain, as part of a new partnership between the automaker and Henry Ford, a National Historic Landmark in Dearborn, Mich., established by Ford Motor Co.. With the gift, GM will sponsor the museum's rotating exhibit that will now be known as the Gallery by General Motors. Reuss said the mission is to offer exhibits that help promote science, technology, e...
