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The total value of automotive supplier deals in 2015 and 2016 was $74.4 billion, according to data compiled by Bloomberg, with each of those years far exceeding the $17.7 billion annual average in the previous 10 years. The driving force behind the wave of consolidation is the pressure to keep up with the shift toward autonomous driving that started about five years ago. Suppliers need the know-how to help cars see their environment much as a human pilot would, which means sensors, cameras and radar, plus the computing power to comprehend the waves of data and share some of it, like traff...
It's not a secret that the auto sales cycle may be turning stormy. Still, that doesn’t mean it is time to batten down the hatches. For those with a little faith in the future, Nissan Motor looks like a bargain. The U.S. auto sales appear to have downshifted for now. This spells tough times for Japan’s auto makers, which count the U.S. among their biggest markets. Toyota Motor Corporation is also feeling more profit-sapping pain from the strong yen. This is due to the fact that a large portion of the vehicles it sells in the U.S. are imports from Japan. Honda and Niss...
After a strong run in US of Porsche vehicles, an abrupt slow down has come to the company in July, followed of course by low sales. Porsche's sales have fallen 18% the previous month, which was a stagnant moment for the brand. Even the wide range of SUVs like Cayenne and Macan couldn't save the company from this powerful plung. As it was officially revealed the Porsche cars North America which imports and distributes models like: Boxter, 911, Cayman, Panamera and the two previously named, a bit more than 3870 vehicles were sold in July, that is less than expected. The d...
It seems like the energy independence is getting stronger in the US car market. The leading company that has brought this modernization into the country is Tesla Motors. There are of course and other companies which had positive impact on the hybrid-cars sales like Chevrolet. This July can be called a memorable month for green cars thanks to the 48% surge, mostly on Tesla vehicles, but we need to not forget also about Chevy Volt, BMW i3, Ford Fusion Energi and Chevy Spark EV. Other EV models have also felt a powerful sales growth, but even so their volumes are smaller than the ...
Audi of America, Inc. and its U.S. dealers offer a wide range of German-engineered luxury vehicles. Audi AG is one of the most successful luxury automotive brands in the world. The car sales data shows that last year it delivered over 1,800,000 vehicles to customers and managed to brake all-time company sales records for the 6th straight year in the U.S. This year the brand shows excellent results in its U.S. sales. Audi achieved its best July in the brand’s U.S. history. The previous July record was set in 2015 with sales of 17,654 vehicles. Year-to-date sales have risen 3.6 ...
