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After years of slow sales, Volkswagen is finally killing off the Touareg for the US market. Despite the ever-growing popularity of SUVs and crossovers, the Touareg never quite made a mark in America. Sales of the near-luxury SUV were down 26 percent in the first half of 2017, with just 1,630 units rolling off dealer lots. There's no one reason for the decline in sales, but the premium price tag cannot have helped. The 2017 Volkswagen Touareg starts at $50,405 in the US, with the top of the range Executive trim starting at $61,105. For reference, the all-new 2018 Volkswagen Atlas...
As demand for the new E-class and SUVs rose, Mercedes-Benz took the lead in the luxury-car sales segment, its sales rose up to 11% in June. As we know for years, BMW, Audi and Mercedes have always been competitors to each other, being three most well-known and trusted German automakers. For so many years the first sales spot between them has been taken by BMW, and only know Mercedes was able to outrun it. Sales of BMW brand vehicles rose 2 percent to 192,873 last month, while third-placed Audi saw sales rise 1 percent to 170,650. Through June, Mercedes sold ...
Ford Motor Co. said Tuesday that it is recalling about 6,000 Ford Edge, Ford Fusion and Lincoln MKZ 2.0-liter gasoline vehicles that have improperly welded torque converter studs. The affected vehicles are:•2017 Ford Edge crossovers built at Oakville (Ontario) Assembly Plant from April 25 to June 20.•2017 Ford Fusion sedans built at Hermosillo (Mexico) Assembly Plant from May 4 to June 19.•2017 Lincoln MKZ sedans built at Hermosillo from May 4 to June 19.In each case, dealers will replace the affected parts for free. The automaker said the affected vehicles...
U.S. auto sales plunged for the fourth successive month in June, down 3%. All the Detroit giants registered disappointing sales declines for the month compared to a year ago. Based on the first half of the year, the prospects for the remainder of the year look bleak, indicating this year’s industrial sales will fall short of last year’s record sales. The sales projections for the full year now stand at 17.1 million units, which would represent a 3% sales decline from 2016’s record sales. Retail demand has been waning over the past several quarters. SUVs and crossov...
At least 17 deaths and 180 injuries worldwide are now tied to the defect that prompted the largest ever auto safety recall and led Takata to file for bankruptcy protection last month. Honda Motor Co. on Monday confirmed an 11th U.S. death involving one of its vehicles tied to a faulty Takata Corp. airbag inflator. The Japanese automaker said the incident occurred in Florida in June 2016 when an individual was working on repairs on a 2001 Honda Accord and the airbag ruptured. Takata inflators can explode with excessive force, unleashing metal shrapnel inside cars and trucks.&nb...
