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U.S. is Tesla’s the most important market even though it is increasingly focusing on other markets, like China. Admit it, you were just as us shocked when the automaker revealed that it delivered 25,202 Model S sedans in the U.S. in 2015. This huge deliveries gave Tesla a 25% market share in the premium sedan market. Some industry watchers thought that it might be a fluke, but the latest registration data suggests that Tesla is still maintaining its lead in the large luxury sedan segment in 2017. The company’s goal has always been to make the best vehicle possible t...
BMW’s 7 series sedans from 2005-till 2008 get recalled, after all these years, and it has nothing to do with Trump’s threatens against BMW. The main issue of these vehicles is that their doors may open inadvertently while the vehicle is being driven. It’s important to notice that the issue appeared back in 2012, when some of the vehicles got recalled and fixed, but it seems like a few of them are still featuring this problem. In the 2012 recall, the automaker said a software error was to blame for the unpredictable opening doors on about 7,500 7-series cars. All of...
U.S. new-vehicle sales are expected to rise very slightly in May from a year ago, narrowly snapping the industry's streak of four consecutive monthly declines. Analysts expect 2017 sales of 17.2 million, 2 percent fewer than the record 17.55 million sold last year. The annualized selling rate is projected to be less than 17 million for a third consecutive month, more evidence that the market has passed its peak. That would mean the industry will already have had as many sub-17 million months in 2017 as it did in each of the past two full years. Other forecasts project sales-volu...
As part of the efforts to reduce exposure General Motors will slash headcount at its international headquarters in Singapore. GM International -- which oversees markets such as India, Southeast Asia, and South Korea, among others -- will reduce its staff to about 50 from 180 by year end, according to a person with knowledge of the matter. About 90 employees will leave the company by the end of June and 40 by the end of 2017. Last week, the company said it would take a $500 million charge in the second quarter to restructure operations in India, Africa and Singapore. The company plan...
Ford Motor Co. on Wednesday issued two recalls for approximately 3,000 vehicles in North America. The largest involves a call-back of about 2,500 2017 Explorer SUVs, F-150 and Super Duty pickups. The affected vehicles have an improper weld between the driver seat back and the manually operated seat back recliner mechanism that may fail to comply with certain federal motor vehicle safety standards. The vehicles include:• 2017 Ford F-150s built at Dearborn Assembly Plant from Dec. 11 2016 to Dec. 16, 2016.• 2017 F-150s built at Kansas City Assembly Plant Dec. 8, 2016 to Dec....
