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General Motors Co and Fiat Chrysler Automobiles, both posted sales gains in new vehicles in March. The luckiest this month is GM, the company revealed a 16% jump in new car sales compared to the same month last year. Fiat Chrysler reported a 14% increase in sales in March. FCA said it saw a 45% spike in sales of its popular Jeep models, giving the brand its best sales month on record. The strong results for March followed a weak performance in February. Last year, U.S. auto sales fell 2 percent after hitting a record high of 17.55 million units in 2016. Sales are expected ...
General Motors will stop reporting the U.S. vehicle sales. The company thinks that the snapshot of 30-days doesn’t reflect the actual situation of the market. GM will also no longer report monthly sales in China, its largest market, and Brazil. The company will still have to provide its monthly sales to the U.S. Federal Reserve, industry associations and government agencies across the globe but the information won’t be public for simple people anymore. GM and its Detroit rivals Ford Motor Co and Fiat Chrysler Automobiles NV have relied heavily on sales of high-margin pic...
Tesla said on Friday, 30th March 2018 that Tesla Model X that was involved in a fatal crash in California last week had to activate its Autopilot system. Tesla also mentioned that the logs from the accident showed that the driver did not take any action before the crash occurred despite all the warnings to put his hands on the wheel. The driver had about five seconds and 150 meters of unobstructed view of the concrete divider with the crushed crash attenuator, but the vehicle logs show that he did not take any action. Tesla did not mention why the Autopilot system did not detec...
The auto industry is warning that US sales declines, which have been consistent over the past year, may continue thanks to tariffs US President Donald Trump plans to slap on steel and aluminum imports. Toyota Motor, which plans to build a new $1.6 billion factory in Alabama with Mazda Motor, said the administration's decision will "adversely impact" car companies by raising costs and prices of cars and trucks sold in the US. That's even as more than 90 percent of the steel that Asia's biggest carmaker uses in the US is from that country. Trade groups represent...
In Tunis a local BMW dealer poked fun at his competitor by placing a billboard saying "It's never too late to change your mind." The billboard was placed just a few meters from the dealer center selling various VAG products, including Audis, Porsches and VWs. As the footnote shows, the billboard was commissioned by Ben Jemâa Motors, an official BMW and Mini dealer in Tunisia. Just a few days later Audi issued a prompt response to BMW’s passive-aggressive message. The new billboard starting with a big “LOOOL” at the...
