Ford’s China Sales Slip 2.5% in May
Sales of Ford Motor Co. (NYSE: F) vehicles in China totaled 88,248 units, according to a company announcement made early Wednesday morning. That represents a drop of 2.5% year over year for the month.…
Sales of Ford Motor Co. (NYSE: F) vehicles in China totaled 88,248 units, according to a company announcement made early Wednesday morning. That represents a drop of 2.5% year over year for the month.…
Germany's Federal Motor Transport Authority (KBA) has approved a plan by Volkswagen Group to modify the software in 1.1 million VW vehicles with the EA 189 two-liter TDI engines.
Volkswagen has good reason to be aggressive with finance packages. The diesel scandal has caused a drop in sales that may not end for years.
GM had a rotten sales month in May. Now, the company is making buyers an offer it hopes they can't refuse for June.
The average fuel-economy rating for new vehicles sold in the United States in May 2016 was 25.4 miles per gallon, up 0.2 mpg compared with the April average. For all of 2015, the average fuel-economy…
Volkswagen's problems in America are hardly over. It faces fines and legal challenges, as well as a brand the value of which has eroded at an unprecedented rate.
GM continues to face the fact that its luxury car division is among the least successful brands in the industry, particularly because of the mighty effort from the largest vehicle manufacturer in America.
AAA calls the summer driving season that begins with the Memorial Day weekend the "100 Deadliest Days" for teen drivers.
So far in 2016, April has not been the cruelest month. That distinction belongs to May.
GM's best-selling vehicle in the month was the Chevy Silverado pickup, which saw a year-over-year sales decrease of more than 12%.
Ford on Wednesday reported a U.S. sales decrease of 6% in May, even though sales of best-selling F-Series pickups rose 9%.
Year over year, sales rose 1% at Fiat Chrysler in May to more than 204,000 units, the company's best May sales level in 11 years.
Following a dismal 2015, Volkswagen reported Tuesday morning that the company posted an adjusted operating profit of €3.4 billion on global sales of €51 billion in the first quarter of 2016.
Among the expectations about U.S. cars sales in May is that overall the industry will suffer a drop off of more than 6% to about 1.5 million.
Sales of new light vehicles (cars and pickups) are on track to set another record in 2016, even though the month of May is not expected to show a year-over-year increase.