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Ford Motor Co. kept the title of best-selling U.S. brand of 2017. Driven by strong light-truck sales, it rose with 1.3 percent. Even if the full-year volume of sales dropped with 0.9 percent in comparison with 2016, Ford takes this position for the eighth year in a row, and the F series was America's best-selling truck for the 41st consecutive year. Here is the scale of growth and decrease of Ford brands:Ford rose 2.4% in December and fell 0.9% on the year Ford Lincoln fell 17%Ford F series up 2.1%Ford Mustang up 9.2% in the first full month for the new 2018 m...
This year was not good for U.S. car sales, academics and researchers are talking about a pangent but not the worst decline in 2018. There are not so many specialists who dare to have a look beyond 2018, but Morgan Stanley did it and he doesn't like what it sees, with a technology-obsolescence inspired downturn so awful governament subsidies may be necessary to support the market.Meanwhile forecasts for 2018's decreases with 1.5% to off 5%. BMI Research rekons sales in 2018 will go down with 1.5%after a 1.1% fall this year. The Center for Automotive Research at the University...
Kumar Galhotra emigrated from India to USA at 18 years old to study mechanical engineering at the University of Michigan-Dearborn. He knew there was just one company he wanted to work for "It was just Ford" he recalled. Shortly before receiving his bachelor of science degree, Galhotra printed a stack of resumes and hand-delivered them in hopes of landing a job with Blue Oval. Galhotra's ambition paid off with a 30-year career at Ford that now has him taking on high-stakes responsibilities as automaker's chief marketing officer.Galhotra has orchestra...
Recalled vehicles are increasingly landing on dealers, but automakers aren't required to compensate them for lost revenue and extra expenses. Dealers are counting on state lawmakers to change that. Even though stop-sales usually affect just a fraction of a dealership's used-cars inventory. There is no law to adress the problem on used vehicles under a stop-sell recall, but Federal law requires automakers to give monthly payments equal to 1 percent of the value of any new car that can't be sold because of a recall. ...
Audi of America, a unit of AUDI AG, reports a November sales increase of 12 percent to 19,195 deliveries, as the Q7, new Q5 and the new-to-the U.S. A5 Sportback, lead consumer demand. Consumer demand for the new Q5 and Q7 helped drive November's sales increase. Deliveries of the Q5 were up 31 percent to 5,467. The Q7 deliveries increased to 3,292, and have now increased 23 percent year-to-date. SUV sales for Audi increased 23 percent to 10,351. The addition of the A5 Sportback to the A5 Cabriolet and Coupe lineup has brought total sales to 2,243 over last November. Sa...
