Ford’s China Sales Tank 21% in March
Ford vehicle sales in China dropped 21% in the first quarter of 2017. In contrast, total car sales by all makers rose by about 7%.
Ford vehicle sales in China dropped 21% in the first quarter of 2017. In contrast, total car sales by all makers rose by about 7%.
New research from the University of Michigan Transportation Research Institute. indicates that Americans are not likely to change their preferences for vehicle types. Light truck owners are particularly resistant to change.
Short interest in Tesla stock rose less than 1% in the two-week period ended March 31, but nearly 27% of the company's stock is currently short.
Short interest in Ford soared by a third in the two-week period ending March 31. Several factors contributed to the jump in short interest, including an earnings warning for the first quarter.
Now that Tesla has passed both Ford and GM in the market cap race, can the electric car maker take dead aim at the world's second-largest carmaker, Volkswagen?
Tesla may have overtaken GM in market value, but it has a very long way to go to catch the world's number two car company in sales, Toyota.
Kelley Blue Book has passed out awards for what it considers the best non-luxury car brands, best trucks and best luxury car brands.
Tesla has has passed General Motors to become the largest automaker by market cap, even though it sold fewer than 100,000 cars last year.
GM reported March sales rose 16% year over year in China. The less-good news is that sales fell 5.2% year over year for the first quarter.
Sales of Nissan's Rogue, its mid-sized crossover, rose almost 50% in the first quarter of the year. The improvement made it the fourth best-selling car in America.
Sales of Volkswagen cars have picked up in the United States and are in positive territory so far this year. The comeback was improbable, which makes it all the more impressive.
Lincoln's U.S. sales for the first three months of the year were up almost 9%, but the brand suffered a setback in March as sales dropped.
It has become harder and harder for Fiat Chrysler to justify support of the Fiat brand in the United States. Sales of Fiat dropped to less than 3,000 units in March.
Pickup sales may account for more than 60% of all light vehicle sales in the month of March. Ford's F-Series trucks added to its market share lead last month.
A continuing slide in Jeep sales is too much for Fiat Chrysler to overcome, even with growing sales of minivans.