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The hurricane recovery and the strong truck and SUV sales weren’t enough to keep the U.S. car sales high in October. Sales for the month fell 1.3 percent compared with a year ago as slowing demand made it almost certain that 2017 will be the first year with declining sales in seven years. Full-year sales almost certainly will fall below last year's record of more than 17.5 million, although most analysts say demand is still healthy. Automakers reported selling 1.35 million vehicles for the month. Ford, Honda, Nissan, Toyota and Volkswagen all reported gains for October on ...
Many drivers scrambled to replace their flood-damaged cars in the past six weeks, as a result the seasonally adjusted annual sales rate for all U.S. light vehicles hit 18,57 million units last month. That was up from 16.14 million in August and well above 16.0 million forecast. It was the highest sales rate since July 2005. While U.S. sales rose beyond the storm zones, according to automakers and dealers, much of the September gains came after Hurricane Harvey hit Texas. Replacing cars during the recovery in southeast Texas and Florida will boost U.S. new and used auto sales through...
Do you want to know which are the cars that have earned top marks in a small-overlap front crash test of eight midsize pickups by the Insurance institute for Highway Safety? These are the vehicles that have won the trust of many customers: The Toyota Tacoma double cab, Tacoma access cab, Chevrolet Colorado crew cab and GMC Canyon. The Colorado and Canyon extended cab both earned "acceptable" marks, while the Nissan Frontier king cab and crew cab -- the oldest vehicles tested -- earned "marginal" ratings. IIHS said it tested two body styles of each pickup because ...
The average fuel economy of new cars and light trucks sold in the U.S. this August was 24.3mpg, down 0.1 mpg from July. Average fuel economy is up 5.2 mpg since October 2007, the first month researchers Michael Sivak and Brandon Schoettle monitored the market, but down 0.2 mpg from the peak of 25.5 mpg reached in August 2014. Year-over-year U.S. light-vehicle sales slid 1.8 percent in August, with car deliveries descending 9.5 percen. Across the light-truck segment, pickup and crossover sales rose last month, 3.7 percent and 4.8 percent. Total light-truck sales gained 2.9 percent. T...
As we first wrote there are many dealerships affected by the Harvey hurricane, leaving them with no inventory, but this is not all the car sales will also be affected by it at first. Some predict a swift rebound once dealerships in the affected areas reopen and as people seek to replace their flood-damaged vehicles. Continued rain and floods from Harvey added to the misery in parts of Texas on Tuesday. Harvey struck over the weekend, leaving at least 10 dead, thousands of people displaced, and scores injured as the floodwaters rose. Texas accounts for about 9% of U.S. vehicle retail...
