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In September 2016, 67,809 units of F-Series pickup trucks were sold with a year-over-year (or YoY) decline of 2.6%. Despite this fall, the company posted its best YTD (year-to-date) F-Series retail sales in September. As you know, the F-150 is a full-size pickup truck. The significance of these trucks is immense for Ford, as trucks typically yield higher profitability than the Small Car segment. However, Ford is not the only player in the pickup truck segment. Other automakers such as General Motors (GM), Fiat Chrysler Automobiles (FCAU), and Toyota (TM) also pose competition to th...
U.S. auto makers, responding to weaker demand for sedans and other passenger cars amid low gasoline prices, are rebalancing production at U.S. factories in favor of building more sport-utility vehicles and trucks. General Motors Co. said it plans to add 650 hourly workers in Tennessee at a plant making the GMC Acadia and the Cadillac XT5, two midsize SUVs. Idled for three years after the auto maker’s 2009 bankruptcy, the Spring Hill, Tenn., factory is playing an increasingly important role in GM’s U.S. operations. The job additions come a day after Ford Motor Co. idled a...
September’s auto sales in the US stood at 1,428,000 vehicle units. This was ~0.5% lower than US auto sales of 1,435,000 vehicle units in September 2015. In August 2016, auto sales stood at 1,506,000 in the US. The US auto industry has witnessed good times in the past couple of years. In 2015, US auto sales were at their peak, with ~17.4 million vehicles sold during the year. This certainly boosted the confidence of these automakers. However, it also ignited a debate about US auto sales being at peak levels and a possible downturn in US auto demand going forward. Through September 2...
German politicians are calling for a total ban on internal combustion engines by 2030, and, not content with deciding their own affairs, they also want it to apply across the whole European Union. Although we can agree a bit on the thing that plug-in cars are better for the environment, we were thinking on how will the EU react to that? People are used to these powerful petrol cars, and banning them wouldn't it mean banning all of the car lovers? The Bundesrat, or federal council, is asking the EU not just to consider its proposals to outlaw petrol and diesel cars, but to implem...
Almost a week passes without some announcement from automakers, suppliers – even ride-hailing services – about the impending arrival of self-driving cars. Experts claim that a fully automated vehicle that is 100 percent safe 100 percent of the time and can operate on any street in any weather condition in the U.S. is not right around the corner. The obstacles to perfecting and mass producing fully automated vehicles that can safely transport a passenger door-to-door with no human intervention are formidable: sensing equipment, such as cameras, lidar and radar, has to ge...
