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The biggest winners in US car sales this August were Ford, Nissan and Kia. They are the reason car sales have seen a growth of 4.6% this month, it puts the industry back on track to top 1.2 million sales for 2016. More than 94,900 cars were sold in August, for a year-to-date total of 784,330-puts the market on track to break ist previous record of 1,155,408 sales set in 2015. Toyota's Camry stands strong for another month with 2458 units sold out, it has become the top selling Australian-made car. Camry has beaten up Holden Commodore and Ford Falcon. Corolla also boosted Toyota's ...
Luxury automaker Lamborghini expects to at least double production to 7,000 vehicles a year by 2019 once it rolls out a new SUV, but it will not lose its focus on making sports cars, Chief Executive Officer Stefano Domenicali said Tuesday. Domenicali said the company plans to cap yearly production of its supercars at 3,500. He also expects SUV production will be at least as high but could be higher depending on demand. The SUV, based on the Urus concept, will go on sale in 2018 starting at around $200,000 and will be built alongside the Huracan and Aventador supercars at the brand's ...
Global car sales have gained momentum this year, rising a stronger-than-expected 5% through July. While gains are expected to moderate through year-end, strengthening labour markets and improving financial conditions suggest that the upswing will continue in 2017. There are still nearly 50 million vehicles on the road in the United States that were built prior to the new millennium, and as a result U.S. purchases are expected to continue to move higher for the remainder of the year and in 2017. Carlos Gomes, Senior Economist and Auto Industry Specialist at Scotiabank, said that the ...
A Silicon Valley startup called “Otto” has just been bought by Uber, with the goal of putting a fleet of the self-driving trucks on the nation’s highways in as little as two years. At 55 miles an hour, with no one behind the wheel, Otto has tested its technology on closed roads. For test runs on the busy freeway, a safety driver sits behind the wheel, just in case. "We're living in an on-demand era where we all want to press a button and have something arrive as fast as possible. Well, there's a truck behind all of those products." said Lior Ron, cofoun...
Nissan has officially announced the starting prices and warranty for its 2017 Titan Crew Cab half-ton and Titan XD Crew Cab full-size pickup trucks, as it looks to grab a bigger piece of the hot U.S. market. The 2017 Titan Crew Cab half-ton will start at $34,780 for the S trim level with 4x2 drive. That includes Nissan's new 5.6-liter Endurance V-8 engine. The 2017 Titan XD Crew Cab will start at $36,290 for the S trim level with a 390-horsepower, 5.6-L V-8. The Japanese automaker also said Monday it is offering a five-year/100,000-mile bumper-to-bumper warranty on the trucks. ...
