GM Sees China Sales Drop in July

GM Sees China Sales Drop in July

Despite new product launches and an a product mix that includes more sport utility and multi-purpose vehicles, General Motors sales in China dropped by 4% in July. It was the third consecutive monthly sales drop for GM and its joint ventures, which sold 229,175...
Tesla Deliveries Fall Short as EV Maker Cuts Outlook

Tesla Deliveries Fall Short as EV Maker Cuts Outlook

Tesla had some mixed news for investors as it revealed its second-quarter results Wednesday afternoon. The maker’s loss was less than anticipated by industry analysts, but the maker fell short of expected vehicle deliveries and cut its forecast for the full year. The...
First Drive: 2016 Scion iM

First Drive: 2016 Scion iM

Scion is in the middle of a revamp of its line-up to reinvigorate its youthful buying base and as part of that, it’s debuting the new iM that slots right into a growing segment in the U.S.: hatchbacks. Actually, what’s really getting attention is the “hot hatch” group...
US Auto Imports Running at Record Level

US Auto Imports Running at Record Level

Despite the rapid expansion of “transplant” assembly lines operated by a wide range of foreign-owned manufacturers, U.S. auto imports hit an all-time record during the first half of 2015, with no sign of slowing down. If anything, the rapid expansion of Mexico’s...
Lexus Shows off Working Hoverboard

Lexus Shows off Working Hoverboard

Lexus is, quite literally, going Back to the Future, showing off a working version of the levitating skateboard actor Michael J. Fox’s character got to ride in the 1989 sci-fi adventure. But don’t race to your local sports shop to try to buy one. The Toyota luxury...
NADA Predicts Sales Hit New High in 2016

NADA Predicts Sales Hit New High in 2016

Sales of new vehicles will continue to inch upwards through 2016, but could ultimately be limited by the diminished purchasing power of the younger “Millenial Generation,” according to economists from the National Association of Auto Dealers. Sales of new...
Scion Looking to Automate Buying Process

Scion Looking to Automate Buying Process

Let’s say you’re a stereotypical millennial and you need to buy something, where will you go? Your computer, tablet or smartphone, of course. Buy your music? Internet. Buy a Christmas sweater? Internet. Buy a new Scion iM? Internet. Toyota’s youth-oriented brand is...
Big Truck Sales Means Big Automaker Profits

Big Truck Sales Means Big Automaker Profits

New vehicle sales in July rose to heady levels – an annual rate of nearly 18 million units – led by expensive vehicles: luxury sport-utilities, crossover and … wait for it … trucks! The fact that trucks are big sellers isn’t big news. For the past 30-plus years...