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According to analysts and industry executives when auto dealers reveal their reports for June, the results will not have any impact from Great Britain's June 23 decision to leave EU. Even with this sad news the job growth and consumer confidence remain strong and credit is freely available. One company that will likely report that has lost sales market will be General Motors, it continues to wean itself from low-margin sales to rental agencies and concentrate on more profitable sales to consumers. The GM vice president of U.S. sales operations says that that he sees a seasonally...
The U.S. auto sales have been told to slow down this year after 7 years of great results, but even so the car manufacturers and dealers have high expectations, and best hopes for 2016. The sales may have reached its peak but that doesn't mean they slowed down, they say, and they brought up good arguments on that considering Americans buy lots of vehicles nowadays. A newly released report has not that great forecasts on U.S. light vehicle sales for 2017. The specialists say that sales will go down to 17.5 million in 2017, down slightly from this year's 17.8 million forecast. ...
The Toyota Camry is one of the best selling models of the automaker. The sedan has a U.S.-sold domestic content of 75 percent, this fact being important for the annual American-Made Index, in which Camry took the top spot for this year.Toyota sold 429,185 U.S.-built Camrys in 2015 in the U.S. Sales for the current year through May fell 6 percent to 167,149 vehicles. Other vehicle models that followed Toyota Camry in this rating are Honda Accord, Toyota Sienna, Honda Odyssey, Honda Pilot, Chevrolet Traverse, GMC Acadia and Buick Enclave. According to various surve...
After the tragic death of Anton Yelchin, all of Fiat Chrysler's skeletons got out of the closet. The investigation of the Jeep Grand Cherokee models has started and it brought up some new proof on the fact that Grand Cherokee had some serious defects. U.S. safety regulators said on Tuesday that 68 injuries and 266 crashes on the same model were reported. All of the affected models had a type of gear-shifting control that has confused some consumers and led to rollaway incidents. After that The National Highway Traffic Safety Administration indicated that there were no deat...
After a controversial May for U.S. auto sales, comes June that seems to be more resultative and that is expected to rise the number of new vehicles sold about 5 percent from a year ago. Analysts say that July should also get off to a good start as Independence Day weekend typically sees aggressive sales promotions.This year June has one more selling day than it did in 2015. The forecasts represent the highest volume for June since 2005 and a seasonally adjusted, annualized selling rate of 16.9 million to 17.2 million. We will have real sales results for June on Friday when autom...
