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According to calculations based on actual monthly sales reported by the manufacturers, the first reports of November auto sales are in.Statistics show that Hyundai, Nissan and Toyota set the pace in November. Gains among major players fell within a narrow range of 0.3 percent at Ford Motor Co. to 3.8 percent at Nissan Motor Co. Hyundai’s 12 percent increase stood out in percentage terms. Hyundai generated sales of 60,007 vehicles, up 12 percent, for its best-ever November. Only American Honda and Volkswagen Group posted a decline in volume. Overall U.S. sales, wi...
Volkswagen Group management reduces the range of possible car model versions and their sets to make up the losses from the emission scandal. This way the German manufacturer hopes to save 1.9 billion euros.The top manager of Volkswagen, Bernd Osterloh, said that this decision, reduce labor costs and complexity, was taken for a long time. Osterloh said reducing the variety of car models and options could enable Volkswagen to "take out costs there on a large scale" without forcing the company to cut jobs, Bloomberg reported. VW has one major U.S. factory, located in Chattanooga, Tenn.V...
Ford is recalling 450,000 cars in the USA for fuel tanks that can crack.Ford has not received any reports of accidents or fires related to this condition."Affected vehicles include certain 2010-2011 Ford Fusion and Mercury Milan vehicles built at Hermosillo Assembly Plant from July 21, 2008 through March 4, 2011."The second recall affects 13 F-650 trucks. The column shifter's park position mechanism may fracture and let the truck roll away unexpectedly. Those 2016 models built in Ohio between July 29 and September 3, 2015 are all located in the US. Fixing the problem will require...
We know that electric cars are involved in production, and we know that they’re probably years away from starting the sales. For the past decade, Tesla has creaded the cars of the future: sleekly designed, technically advanced machines that brought with them a vision of how amazing and practical electric cars could be. But now trading as a public company, Tesla is no longer the energetic new kid on the block — and it could be ripe for disruption, if Faraday gets its way. Faraday Future first came into the news last summer when news leaked of its existence and its intention to produ...
Boss Ralf Speth plans to grow in business and to have a steady place in automotive industry, rather than enjoying the sales volumes as their German competitors do. “We won’t sell millions, or be high street,” he said about Jaguar Land Rover, which has multiplied its annual car sales to almost half a million since Tata took over the company in 2008. Speth pointed out that BMW sold more in the last period than JLR will in the whole year of 2015. So they still had to compete on a global basis.Speth takes as a target the CO2 vehicles. But before this JLR expands its products...