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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...
Plastics have seen increased opportunities to get onto North American-made cars and trucks as automakers work to improve their fleets’ fuel economy. But the real growth lies ahead, when the need to reduce mass from today’s cars climbs to 15 percent and higher. In a new study, the Center for Automotive Research in Ann Arbor surveyed exactly what went into 44 different 2015 model year cars, then asked what materials carmakers would turn to if they need to cut 5 percent, 10 percent and finally 15 percent of the weight out of key parts. Jay Baron, CEO of the research group,...
Yes, this year will go down as another big year for the U.S. auto industry. The question is whether it will go down as another record year. Following a strong November showing, total U.S. sales through 11 months this year have surpassed those through the same point in 2015, which went down as the strongest sales year on record. But the difference is razor-thin – just 6,418 units. J.D. Power and LMC Automotive, in a forecast released Thursday, said 2016 should reach 17.5 million vehicles sold, breaking 2015's annual sales record by only about 26,000 units. That would mark a...
