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  • Your Next New Car Could Cost An Extra $5,000
    11 Jul 2018

    Imagine walking into a dealership to buy a new car and discovering that your preferred vehicle suddenly costs up to $5,000 more than it did not long ago. This situation could happen if President Donald Trump succeeds in raising tariffs on imports. If he does and other countries respond to it, we’re looking at a potential 25 percent tariff which will result in increased vehicle prices regardless of automaker.  The average new vehicle sold in the US with various discounts factored in costs about $32,000. The 25 percent tariff will be passed down to the consumer resulting in a pri...

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  • Chevy Is Making More Bolts To Keep Up With Growing Demand
    10 Jul 2018

    If you think that electric-vehicle startups like Tesla would push mainstream automakers out of the EV game, think again. In fact, General Motors has had such strong demand for the Chevy Bolt that it had to increase production. In its financial reports for the first half of this year, GM confirmed that it’s ramping up production of the electric hatchback by 20 percent thanks to strong demand in the US, Canada, and South Korea.  Global sales of the Bolt have been up more than 40 percent from January through June of this year. Chevy sold 7,858 units of the Bolt just in the US so f...

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  • Trucks Are Outselling Cars By Two-To-One In The United States
    04 Jul 2018

    Because of low gas prices, people are trading their small cars for large trucks and SUVs. Back in 2013, the US car market was split between cars and trucks, but trucks have seen a massive boom in popularity. Automotive News reports that through May 2018, trucks outsold cars by two-to-one.  Automakers like Ford are changing their strategies, killing off small sedans and hatchbacks to focus on SUVs and mid-size trucks. Many experts predict that truck sales will continue to grow well into the next decade. As trucks become more popular, cars are experiencing their worst sales year in dec...

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  • Japanese Automakers Team Up To Build Better Transmissions
    20 Jun 2018

    As the automotive industry becomes more global, automakers try to be competitive through any means possible. Some companies are very particular about which suppliers they use, others have decided to join their efforts to simplify and improve their products. Automotive News Europe reports that Japanese car makers are following suit to develop their own new transmission technology.  The country’s nine automakers, including Honda, Mazda, Nissan, Subaru, Toyota, and others, will partner with the country’s two largest transmission suppliers to jointly develop next-generation t...

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  • Audi Estimates SUVs Will Account For Half Of Sales By 2025
    17 Jun 2018

    Audi is happy to report that its SUV models are selling very well this year. Since the beginning of 2018, the German car maker has delivered approximately 287,500 models from its Q crossover and SUV lineup, which translates into 36.6 percent of its total sales.  By 2025, the brand estimates that SUVs will become the most important sector for Audi, accounting for more than 50 percent of its deliveries. Simply put, by that year, one in every two new Audi vehicles will be an SUV. Interestingly, this target is already achieved on the North American market, where the Q models account for ...

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