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Of course when we're talking about U.S. car sales we can say that even though they get higher, they have reached a peak, but speaking about the overall auto sales in the whole world we need to accentuate that it goes better than ever now. Global vehicle sales have risen 5% through July. This improvement reflects a modest acceleration among the G7, especially Western Europe, as well as rebound in purchases across emerging markets. These gains are expected to moderate through the year-end, but specialists suggest us that this strengthening will continue through 2017 as well. Sale...
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...
Honda Motor expects its global sales to remain strong thanks to brisk sales in the U.S. and China. Japanese automaker expects its group operating profit to jump 19% to 600 billion yen ($5.58 billion) for the fiscal year ending March 2017.Through the previous year Honda had important expenses because of the recalls of vehicles with defective Takata air bags, including recalls demanded in May by U.S. authorities. Therefore, the matter will have no impact on earnings in the current fiscal year, as quality-related expenses are to decrease considerably. ...
Ford Motor Company does business in a vast number of markets across the globe, no wonder it's quite interesting and not so easy to follow the up and down momentum of Ford's sales in its three most important markets: China, Europe and, of course, the United States.On Friday Ford announced its total sales in Europe rose 4.7% during April as Europe's automotive market continues to expand. The last month was an especially solid period for commercial vehicles, SUVs, performance cars, and higher priced trims. Commercial vehicles continues to be a strength for For...
In order to take a controlling 34% stake in Mitsubishi Motors, YOKOHAMA, Japan-Nissan Motor Co. is ready to invest 237 billion yen which is about $2.2 billion.This purchase is meant to transform Nissan into the single-largest shareholder of Mitsubishi. By May 25 the agreement between the companies will be signed and four directors to Mitsubishi Motors' board will be named by Nissan. Rumors say that even the chairman of Mitsubishi Motors might be Nissan's director. The deal must be completed within a year or it will be invalid. Looks like Nissan decided to save Mitsubis...
