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The F-series, best known for the popular F-150, has been America’s best-selling truck for the 40 consecutive years since its launch. Ford says it’s sold more than 26 million since the model line came out in 1977. The F-series has also been the best-selling vehicle of any kind in America for 35 years, the company said. Ford has sold 818,580 of the trucks in the years since it launched the F-series. It started with the F-100 as a base truck back in 1977, and replaced it with the F-150 in 1984. The evolution of the F-series followed changes in how people perceived and used ...
U.S. sales of new cars and trucks hit a record high in 2016, automakers said on Wednesday, and investors bid up shares in the sector as strong consumer confidence and relatively low fuel prices bolstered the industry's outlook. December sales rose 3 percent, and on a seasonally adjusted annualized basis were 18.43 million vehicles. The results prompted executives from the three biggest sellers in the U.S. market, GM, Ford, and Toyota Motor Corp, (7203.T), to predict that this year's sales will be near 2016's record levels. U.S. consumer confidence reached levels not see...
Tesla Motors Inc. reported fourth-quarter deliveries that fell short of its own forecasts as production delays continue to plague the carmaker led by CEO Elon Musk. The Palo Alto, Calif.-based maker of electric cars and energy-storage products delivered about 22,200 vehicles in the final three months of last year, according to a statement Tuesday. The total trailed the automaker’s projection for 25,000 units and brought its full-year tally to 76,230 vehicles, below its forecast for at least 80,000 units. Musk has a history of setting ambitious targets and timelines for Tesla a...
Automakers are on the cusp of a second record-breaking year for sales as dealers made an end-of-year push to empty their lots over the weekend. But even as the industry hopes to let the confetti fall on 2016, it must brace for a slowdown that analysts project will come to a head in the new year. Many analysts anticipate a photo finish when carmakers report their annual hauls Wednesday, with some forecasting that 2016 will edge out the previous year’s sales of 17.5 million autos by as few as 5,000 vehicles. If those projections prove true, 2016 would mark the seventh consecutive year of r...
Specialists forecast that 1,629,011 new cars and trucks will be sold in the U.S. in December, while the month is already over, we still don't know the results. This reflects an 18.5% increase from November 2016, but a 0.3 percent decrease from December 2015. Based on this forecast, they project a new annual record of 17,480,294 new cars and trucks will be sold in the U.S. in 2016. This would squeak past 2015’s record car sales by the slight margin of 0.03 percent – or less than 5,000 units. One trend running in the industry’s favor for a record-setting 2016 is ...
