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Even though GM introduced its new Chevrolet Cruze to the market, the inventories have swelled as more buyers choose SUVs. General Motors said last week that it's planning to cut third shifts at two U.S. car factories. The car models in question, the Cadillac ATS and CTS, and Chevrolet Cruze and Chevrolet Camaro, haven't been selling as quickly as GM would like, and inventories have risen sharply. That wasn't really a surprise. GM is far from the only automaker to see car sales slump as more and more buyers gravitate toward SUVs. But inventories of some of those mode...
Despite many buyers holding out for a coming Chevy Bolt and Tesla Model 3, US electric car sales are doing great. Based on sales estimates for Tesla models (since Tesla doesn’t break out sales by month or by country), the Model S dropped to #2 and the Model X held onto #3 in the US car market, while the Chevy Volt rose to #1. However, if you look at how close sales of these models are and take into account that Tesla delivered ~3,000 more Model S sedans in the US, it’s hard to know how the top 3 ranking actually plays out. After the top 3, though, there’s a signifi...
Despite the increased consumer discounts on so many popular models, U.S. auto sales fell approximately 6%. The seasonally adjusted annualized rate including an estimate of sales by No. 2 U.S. automaker Ford Motor Co showed sales at 17.9 million. General Motors Co October sales fell a less-than-forecast 1.7%. Sales of its smaller pickups and big SUVs surged while sedan sales fell. U.S. vice president of Nissan brand sales for Nissan Motor Co said favorable economic factors point to strong sales in the remainder of 2016. This year is likely to end slightly below last year's record...
BMW is recalling 136,188 vehicles in the United States and another 18,284 in Canada due to improperly crimped wiring for the fuel pump in the gas tank. The affected models are: 2010-2011 5-Series Gran Turismo2011-2012 528I2011-2012 535I2011-2012 550I2012 640I2012 650I2007-2011 X52008-2011 X62010-2011 X6 ACTIVEHYBRID The in-tank fuel pumps on these vehicles have insufficiently crimped wire contacts. This causes an increase in contact resistance and extra heat. Over time, the plastic around the contact pins can melt, and this can allow fuel to leak. If the pump isn’t workin...
Toyota has lots of headaches this time with the potential deadly airbags. After it has recalled approximately six million more vehicles worldwide over defective Takata air bag inflators, bringing the total number of vehicles recalled to more than 23 million, it had to face another problem. A California woman died last month because of the faulty inflators- and it's one of the eleven victims in the U.S.. Used car dealers can sell vehicles with open safety recalls legally, even though many consumers may be unaware of the cars’ dangers. But now one dealership owner is taking ...
