August Auto Sales Turn in Better-Than-Expected Results

August Auto Sales Turn in Better-Than-Expected Results

Despite talk of sales slowing, Fiat Chrysler N.V., Nissan, Volkswagen and Audi all reported sales increases for August. FCA reported sales of 193,718 vehicles, a 10% increase compared with sales in August 2017 of 176,033 units. Overall, FCA US retail sales rose 17% to...
Ford Denies Plans to Slash European Car Line-Up

Ford Denies Plans to Slash European Car Line-Up

Ford Motor Co. is denying a report by the British newspaper, The Times, that it plans to radically cut back its European line-up and shift focus to more profitable SUVs – echoing steps it plans to take in the U.S. market. The Times reports that Ford would eliminate...
NAFTA Update Faces Hurdles Getting Approval

NAFTA Update Faces Hurdles Getting Approval

An air of uncertainty and frustrations once again settled over the discussions surrounding the North American Free Trade Agreement despite the announcement by President Donald Trump and Mexican President Enrique Pena Nieto of tentative agreement on the broad outlines...
New Vehicle Sales Expected to Rise Slightly in August

New Vehicle Sales Expected to Rise Slightly in August

New-vehicle sales in August are expected to increase slightly, according to a sales forecast from Cox Automotive. Cox estimated the seasonally adjusted annual rate of 16.8 million units forecast for August is up incrementally from last month’s 16.7 million and...
Falling Consumer Sentiment Hurting US Auto Sales

Falling Consumer Sentiment Hurting US Auto Sales

In another sign of that sales of new vehicles could face more headwinds in the months to come, the University of Michigan’s quarterly survey of consumer sentiment is flashing some new warning signs for the automobile business. Vehicle buying conditions were...
Odyssey, Pacifica Top IIHS 2018-19 Minivan Rankings

Odyssey, Pacifica Top IIHS 2018-19 Minivan Rankings

The competition among minivans is already tight and the most recent ratings from the Insurance Institute for Highway Safety for the current model year have only made that wrestling match tighter. The Chrysler Pacifica and Honda Odyssey are 2018 Top Safety Picks. They...