Global Volkswagen Sales Fall 2% in 2015
For the first time since 2002, global sales of Volkswagen vehicles declined year over year in 2015.
For the first time since 2002, global sales of Volkswagen vehicles declined year over year in 2015.
The average fuel-economy rating for new vehicles sold in the United States in 2015 was 25.3 miles per gallon, down from an average of 25.4 in 2014.
The financial viability of Volkswagen can be questioned once again, based on rumors of a huge buy back of cars sold in the United States.
Car and light truck sales in the United States during 2015 reached 17,47 million, but just a few cars and pickups dominated sales.
General Motors has announced that its sales in China jumped more than 5% last year to 3.6 million.
Because pickup trucks are the best-selling vehicles at all Detroit Three automakers, the Ford F-Series trucks are the best-selling vehicle of any kind in the United States for the 34th straight year.
General Motors posted total December U.S. sales of 290,230 vehicles, an increase of 6% compared with December 2014.
Ford Motor Co. (NYSE: F) on Tuesday reported a U.S. sales increase of 8% year over year in December, to 239,242 Ford and Lincoln vehicles, compared with December 2014 sales of 220,671. Truck sales…
Year over year, sales rose 13% at Fiat Chrysler in December to 217,527 units, the company's best December sales level in 90 years.
To add success upon success, the American car industry not only set a record for sales, auto prices also hit an all-time high in December.
The U.S. Department of Justice has filed a civil suit seeking damages from Volkswagen for the vehicles it sold in the United States that were equipped with a device to defeat emissions testing.
GM invested $500 million more in ride-sharing giant Lyft. The companies are working to create an autonomous on-demand network.
When this year's International Consumer Electronics Show (CES) opens on Wednesday, one of the most prominently displayed products will be cars.
Tesla has another year or two to prove whether it is a real company or just another tech fad that made noise before it disappeared.
What has worried investors in Tesla Motor all along is that its electric cars were not much more than toys for the rich.