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Going to a car dealership isn’t always a pleasant experience. There are some ways to avoid a bad experience, but it would just be simpler if automakers allowed you to look at their cars somewhere else – like on the internet. Mercedes-Benz is looking to inch away from the painful dealership experience. Mercedes pop-up stores are coming to the US this year. Unlike traditional dealerships, pop-up stores are designed to focus on showing off the product, rather than just selling it. Mercedes experimented last year with pop-up stores in Atlanta and Miami and will follow up wit...
Porsche isn’t immune to safety recalls, and the latest one involves the Panamera. The German carmaker has announced that it’s recalling several hundred models of the four-door sedan in the US due to a problem with the suspension. Internal testing showed that some models may have rear-axle anti-roll bars that “do not meet Porsche quality standards.” Potentially, a connecting link could detach from the anti-roll bar and cause damage to other suspension components. Thankfully, no incidents have been reported as a result of this issue, but to be safe Porsche is r...
Audi is happy to report that its SUV models are selling very well this year. Since the beginning of 2018, the German car maker has delivered approximately 287,500 models from its Q crossover and SUV lineup, which translates into 36.6 percent of its total sales. By 2025, the brand estimates that SUVs will become the most important sector for Audi, accounting for more than 50 percent of its deliveries. Simply put, by that year, one in every two new Audi vehicles will be an SUV. Interestingly, this target is already achieved on the North American market, where the Q models account for ...
Two Detroit automakers on Friday reported an increase in U.S. auto sales for May as demand for sport-utility vehicles and pickup trucks continues to buoy sales despite rising gas prices. May is often the biggest sales month of the year for auto sales, with Memorial Day sales driving car shoppers to dealerships to kick off the summer selling season. SUVs and pickup trucks accounted for about 67% of sales in May, according to J.D. Power, the highest level ever for May. The richer mix of SUVs and pickup trucks, which carry higher prices than passenger cars, drove the average transactio...
The profit of the Japanese automaker- Toyota has increased 43% in the latest quarter as cost-cutting, lower selling outlays and falling warranty expenses offset unfavorable foreign exchange rates and helped the automaker to have a record full-year net income.Operating profit rose to 629.6 billion yen ($5.93 billion) in the carmaker’s fiscal fourth quarter ended March 31, while net income advanced 21 percent to 480.8 billion yen ($4.53 billion). Revenue rose 1.9 percent to 7.58 trillion yen ($71.36 billion). Global retail sales increased 2.2 percent to 2.6 million vehicles in the January-...
