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After 3 years of vehicles ownership the most dependable carmakers seem to be Porsche and Lexus.The non-premium label is lead my Toyota. For the sixth year in a raw Lexus tops the list of the most dependable car brands of US. The streak puts Lexus halfway to tying its record of 12 consecutive titles for most dependable brand from 1997 to 2008. Toyota, Buick and Mercedes-Benz rounded out the top five brands overall. Mercedes, Hyundai (No. 6), BMW (No. 7) and Jaguar (No. 10) were newcomers to the Top 10 this year, while GMC, Acura, Ram and Lincoln dropped out. The industry averaged 156...
We’ve had a lot of signs that the electric car market has been rising for a lot of time, and its shares have risen through 2016 even more, but now we know that they shot up by 37%. We’ve got approximately over 30 battery-powered and plug-in hybrids offerings on the market, that’s like 159,139 vehicles for the US. It’s the 70 percent year-over-year increase in monthly sales, which helped build the momentum to stronger overall sales. Of course, the sales jump by 37% comes following a five percent decline in sales from 2014 to 2015. The slight increase has spurr...
The Indian multinational automotive manufacturing company Tata Motors reported a 96 percent fall in net profit for its third quarter, citing sharply lower earnings at its British luxury automaker Jaguar Land Rover and losses in its domestic business. Consolidated net profit for the three months to Dec. 31 fell to 1.12 billion rupees ($16.7 million) from 29.53 billion a year earlier. Total income from operations fell 4.3 percent to 685.41 billion rupees. Retail sales of its Jaguar sedans and Land Rover SUVs rose 8 percent to 149,288 vehicles in the three months through December from ...
After limited availability of Lexus models which led to a 26 percent fall in sales last month, we have realized that the carmaker is really short on supplies. It keeps on getting better this month, at least that’s what the general manager of Toyota’s luxury brand is trying to convince us about. Even so we’ve heard that the supplies won’t normalize until March. Bracken said Lexus sold so many units in December that it went into the new year strapped for utility vehicles such as its top-selling RX, leading to a softer January than expected. Lexus sold 15,572 ve...
Detroit dreams of a day when American cars on Japanese roads would be more visible. Considering Japanese cars take a wide portion of US car market, why is it so hard for American car brands to do the same on Japanese market? American auto executives and trade negotiators and has become a renewed source of political friction under President Trump. Trump accuses Japan of shutting American producers out, by throwing up regulatory barriers and rigging the currency market in favor of Japanese brands. Such talk is alarming in Japan, where the auto industry is a pillar of the economy. When...
