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  • Average fuel economy down in August
    07 Sep 2017

    The average fuel economy of new cars and light trucks sold in the U.S. this August was 24.3mpg, down 0.1 mpg from July. Average fuel economy is up 5.2 mpg since October 2007, the first month researchers Michael Sivak and Brandon Schoettle monitored the market, but down 0.2 mpg from the peak of 25.5 mpg reached in August 2014.  Year-over-year U.S. light-vehicle sales slid 1.8 percent in August, with car deliveries descending 9.5 percen. Across the light-truck segment, pickup and crossover sales rose last month, 3.7 percent and 4.8 percent. Total light-truck sales gained 2.9 percent. T...

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  • Car sales will rise after the Harvey hurricane ends
    29 Aug 2017

    As we first wrote there are many dealerships affected by the Harvey hurricane, leaving them with no inventory, but this is not all the car sales will also be affected by it at first. Some predict a swift rebound once dealerships in the affected areas reopen and as people seek to replace their flood-damaged vehicles.  Continued rain and floods from Harvey added to the misery in parts of Texas on Tuesday. Harvey struck over the weekend, leaving at least 10 dead, thousands of people displaced, and scores injured as the floodwaters rose. Texas accounts for about 9% of U.S. vehicle retail...

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  • Hyundai Motor plans to grow its US sales with a new pickup truck
    22 Aug 2017

    As part of the broader plan to catch up with a shift away from sedans Hyundai Motor plans to launch a pickup truck in the United States. Hyundai's top management has given the green light for development of a pickup truck similar to a show vehicle called the Santa Cruz that U.S. Hyundai executives unveiled in 2015.  Hyundai currently does not offer a pickup truck in the United States. Hyundai plans to launch a small SUV called Hyundai Kona in the United States later this year. People familiar with the automaker's plans said the pick-up truck is expected to be launched in...

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  • Tesla is getting closer to testing autonomous trucks
    10 Aug 2017

    While Tesla Inc is developing a long-haul, electric semi-truck that can drive itself and move in “platoons” that automatically follow a lead vehicle, and is getting closer to testing a prototype, California officials are meeting with the automaker’s officials to talk about its efforts with autonomous trucks.  The correspondence and meeting show that Tesla is putting self-driving technology into the electric truck it has said it plans to unveil in September, and is advancing towards real-life tests, potentially moving it forward in a highly competitive area of commer...

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  • Slight increase in average fuel economy for cars sold in July
    09 Aug 2017

    The average fuel economy of new light vehicles sold in the U.S. in July was 25.4 mpg, up 0.3 mpg from June, the University of Michigan Transportation Research Institute said Tuesday. The increase is attributed to a decreased proportion of light trucks in the market in July compared to June. Year-over-year U.S. light-vehicle sales slid 6.9 percent in July, with car deliveries descending 14.8 percent. Across the truck segment, pickup sales dropped 1.1 percent while crossover sales increased 1.2 percent last month. Light-truck sales, including crossovers, were down 1.9 percent.  July...

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