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Toyota Motor North America is recalling about 228,000 2016 and 2017 Toyota Tacoma midsize pickups in the U.S. because their rear differentials may leak oil. Differentials leaking oil could become damaged and stop working, causing a loss of vehicle control, Toyota said in a statement Thursday. Damaged rear differentials also create noise and reduce propulsion if the vehicle is driven without being repaired. The National Highway Traffic Safety Administration recalls page includes a complaint a driver from Honolulu who said on Dec. 18, 2015, that the differential on the his or her 2016...
If you think the last time you visited a dealership the dealers seemed more worried or even pushier than before, you might be right. They have a good reason by the way, simply because a new analysis revealed that the selling process of a vehicle now takes longer. That's despite them substantially ramping up incentives meant to sweeten their offer. While the industry retail sales pace remains high, it is being powered by elevated levels of incentive spending which pose a serious threat to the long-term health of the industry. The latest numbers from showrooms are not pretty. Thro...
China's Zhejiang Geely Holding Group has delayed Lynk & CO's sales launch in Europe and the United States because it needs more time to establish a company-owned dealership network. Alain Visser, Lynk & CO's senior vice president of marketing and sales, said that they will start in Europe between the first quarter and the first half of 2019 and enter the U.S. some months later. Originally, Lynk planned to debut in both markets in late 2018, starting with sales of the 01 compact crossover. Volvo Car Corp.’s sister brand also revealed this week that Berlin a...
BMW is a lucky car brand this time, its worldwide sales increased 6% for March. The automaker has delivered 254,862 cars this month, which is a big increase comparing to last year. The company's three premium brands– BMW, MINI and Rolls-Royce – also reported a 5.3 percent increase compared to the previous year, with a total 587,237 cars delivered. The carmaker has achieved a strong start to the year, with its X-family models and the BMW 7 Series being the main growth drivers. March was the first full sales month for the new BMW 5 Series Sedan and the customer fe...
Cadillac marketing chief Uwe Ellinghaus claims that the U.S. sales party isn't over yet. U.S. sales will probably plateau this year just below 2016’s record finish and hover at near-record levels for some time. He says that what others call a “cooling off” is probably the best thing that has ever happened, because levels that were once seen as excessive are now sustainable. U.S. sales edged ahead 0.3 percent in 2016 to end the year at 17.5 million units, a seventh straight year of gains. Through March of this year, however, sales were down 1.6 percent, with Ca...
