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  • June auto sales went strong!
    30 Jun 2016

    According to analysts and industry executives when auto dealers reveal their reports for June, the results will not have any impact from Great Britain's June 23 decision to leave EU. Even with this sad news the job growth and consumer confidence remain strong and credit is freely available.  One company that will likely report that has lost sales market will be General Motors, it continues to wean itself from low-margin sales to rental agencies and concentrate on more profitable sales to consumers. The GM vice president of U.S. sales operations says that that he sees a seasonally...

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  • U.S. June auto sales expected to rise slightly
    27 Jun 2016

    After a controversial May for U.S. auto sales, comes June that seems to be more resultative and that is expected to rise the number of new vehicles sold about 5 percent from a year ago. Analysts say that July should also get off to a good start as Independence Day weekend typically sees aggressive sales promotions.This year June has one more selling day than it did in 2015. The forecasts represent the highest volume for June since 2005 and a seasonally adjusted, annualized selling rate of 16.9 million to 17.2 million. We will have real sales results for June on Friday when autom...

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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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  • Hyundai shrinks its Q1 of 2016 sales decline
    23 Jun 2016

    Hyundai reported an improvement in passenger car sales with 12,800 units sold in Q1, and shrank its earlier important decline. Sales included 13 models, most notably Verna, Tucson, Creta, Solaris, Grand i10, New Elantra, Accent RB, Elantra HD, Elantra AD, i10, and Accent HB.Verna sales were the most notable, with 4,774 units sold. The other models also had interesting sales dynamics: Tucson occupied the second place, recording sales of 2,553 cars, while Elantra HD jumped from eighth place to third place. Creta and Solaris followed Elantra HD. The rest of the cited...

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  • The U.S. Car Quality Has Improved Thanks To Korean Brands!
    22 Jun 2016

    Looks like car manufacturers have finally understood the importance of the quality and that is why they started to provide better cars. A survey revealed that the new vehicles sold in U.S. this year have a higher quality than previously. Don't get perplexed because there are much more surprises for you this time.  As we are used to traditionally European and Japanese luxury cars have dominated the IQS, but not and this time. Yeah, a lot of improvements have come at a near-record pace. The study that was based on the answers of 80.000 Americans who bought cars this year shows that...

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