First, did you know that the LA Auto show is now called Automobility LA? Cool! The influential show,is often the stage for U.S. introductions of vehicles first shown at European auto shows in the months prior, This year’s show, follows recent industry trends, expanding past product to include mobility and its position in the wider automotive industry. Many of the new product introductions are skewed towards the Crossover Utility Vehicle (CUV).
Can you believe it? A luxury pickup from Mercedes? Mercedes-Benz is jumping into the luxury pickup game, where profits are plentiful. The luxury automotive brand, a division of German automaker Daimler, revealed a premium pickup truck dubbed the X-Class. The company on Tuesday showed off a concept version of the mid-size pickup truck at an event in Stockholm, saying the five-seat ride will hit showrooms in late 2017. But there's a catch. It's not initially targeted at the U.S.
Yesterday, Nissan announced that October sales declined 2.2% to 113,520 vehicles.Thus, Nissan looks pretty good -- or at least less bad than its competition as most saw sales decline more significantly.
As we expected, the auto manufacturer's sales reports today were weak, as both GM and Fiat Chrysler reported their U.S. sales slipped in October, hurt by fewer selling days and a cutback in fleet sales, amid what is expected to be another month of declines across the industry.
U.S. new-vehicle sales are expected to decline for a third consecutive month. Forecasts from the major analysts show sales falling 6 to 8 percent from a year ago. That would be a better performance than it appears because October has two fewer selling days than it did in 2015.
Last week Twitter, Spotify and Reddit, and a huge swath of other websites were down or screwed up. This happened as hackers unleashed a large distributed denial of service (DDoS) attack" on the servers of Dyn a major DNS host. It’s probably safe to assume that the two situations are related.
Fiat Chrysler Automobiles NV’s U.S. unit has been accused that it pushed dealers to submit fraudulent sales numbers to prop up the carmaker’s share price.
DETROIT (Oct. 5, 2016) - NADA Chairman Jeff Carlson on Wednesday sounded another warning to Washington, D.C., about implementing policies that would inadvertently make buying, financing, trading-in, and servicing cars and trucks harder and more expensive for consumers.