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In February 2017, Ford’s F-Series truck US sales stood at 65,956 units with a YoY increase of ~9%. During the month, the strong demand for the newly launched F-Series Super Duty trucks continued in the company’s Retail segment. As a result, February 2017 was the best month for the company’s F-Series sales in the last 13 years. This strength was consistent with the robust retail sales performance of F-Series trucks in January 2017. In January 2016, the company sold 57,995 units of F-Series trucks, which was 13% higher on a YoY basis. These strengthening sales of Fo...
Intel U.S. agreed to buy Israeli autonomous-driving technology company Mobileye with a value of $14.7 billion. The new technology could thrust the U.S. chipmaker into direct competition with rivals Nvidia Corp. and Qualcomm Inc. to develop driverless systems and components for global automakers. The acquisition of Mobileye could propel the world's largest computer chipmaker into the front ranks of automotive suppliers at a time when Intel has been downplaying its core semiconductor business. It also promises to escalate the arms race among the world's carmakers and supp...
We’ve been waiting for this happening and here it comes, Donald Trump will announce the new fuel efficiency rules when he will meet with automaker chiefs this week. He will be visiting an autonomous vehicle testing facility based in Detroit this Wednesday and also will meet with some major automakers CEOs who asked for revising the rules of Obama’s administration. The administration has decided to review the feasibility of the 2022 through 2025 vehicle emissions rules, after the Obama administration moved in its final days to keep them. The trip is focused on j...
General Motors promised us other things but that’s how it all turned to be, even if it said it will invest $1 billion in U.S. factories now it announced to temporarily cut off 1,100 workers in May as its Lansing Delta Township assembly plant in Michigan shifts production to Tennessee. Last year it added 800 jobs at its spring hill, Tennessee plant to build the new version of GMC Acadia SUV. The Lansing plant will continue building the Buick Enclave and Chevrolet Traverse after it retools for a month. GM also has announced other U.S. factory cuts. U.S. President Donald Trump ha...
Tesla doesn’t even surprise us anymore for showing growth year by year. We weer expecting that the automaker will show steadily growth in 2016, and so it did. Nearly 80,000 Tesla cars were bought by consumers in 2016. Tesla's sales improvements have taken place since it launched its first designed-from-scratch Model S sedan in 2012. In 2015, the Model X SUV was added to the lineup, and the Model S has been progressively improved over the past four years, with the top-end P100D capable of outrunning the fastest, most exotic hypercars in a 0-60 mph sprint. But during the ti...
