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BMW Group has released its sales numbers for 2017 and they show the last 12 months for the company have been really successful. The announcement even goes on to say “the BMW Group reconfirms its position as the world’s leading premium automotive company,” but there’s a small catch. Nevertheless, the company was outsold by Mercedes-Benz, keeping the order in the three-way German luxury sales race unchanged. Sales of BMW brand models rose 4.2 percent in 2017 to 2.09 million passenger cars and SUVs, compared with a 9.9 percent gain to 2.29 million at Mercedes, w...
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...
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...
For those who prefer to purchase green cars, the arrival of the Tesla Model 3 and the new-generation Nissan Leaf electric vehicles can't come soon enough. U.S. sales of hybrids and plug-in vehicles last month fell from year-earlier totals, as Tesla customers awaited deliveries of the Model 3, whose 310-mile single-charge range was confirmed by the U.S. EPA last week, while Nissan was preparing to sell the 2018 model-year Leaf. November's domestic electric car sales, which had been up more than 8 percent through October, declined 1.9 percent to almost 39,000 units. Plug-in vehicle sales...
Although Infiniti is already one of the fastest growing luxury car brands, it aims to give itself a bigger boost with a technology-laden crossover that one executive calls the most important vehicle in the brand’s history. The redesigned QX50, scheduled to reach dealerships in the first quarter of 2018, is the world’s first production car with a variable-compression engine, using technology that Nissan Motor Co. has been working on for about 20 years. The 2.0-liter, four-cylinder turbo increases the vehicle’s fuel economy to a combined rating of 27 mpg for the fro...