It’s long past time to put the bike (myth) away.
Outside of certain urban centers, Millennials are cuckoo for cars. Jobs and families and lifestyles, you see. As more members of the youngest car buying cohort show up at dealers looking to sign on the dotted line, their method of payment is evolving, too. Read More >
It seems as though you can’t turn around on the streets of Atlanta or the suburbs of Austin or the outskirts of Albuquerque without seeing a Ford F-Series pickup truck.
For 34 years running, Americans have registered more copies of the F-Series than any other pickup truck. A wide-ranging model lineup (just like its competitors) and top-selling rivals that split their sales between brands means Ford consistently and overwhelmingly sells more full-size pickup trucks than any other automobile brand in the United States. At the current rate of growth, Ford will sell more than 800,000 F-Series pickups in 2016, more than at any point since 2005.
While it’s impressive that Ford owns 30 percent of the American pickup truck market, perhaps the more daunting figure shows that 1 out of every 22 new vehicles sold in the U.S. is a Ford pickup truck.
But don’t be so easily impressed. Look northward, where the Ford F-Series is far more popular than it is in the United States. Read More >
The federal government doesn’t want to leave the issue of autonomous vehicle safety for states to decide, and may create new powers of oversight and approval for autonomous technology.
After president Barack Obama laid out his goals for the industry in a Pittsburgh Post-Gazette op-ed yesterday, the National Highway Traffic Safety Administration issued a set of voluntary guidelines to manufacturers today, asking them to prove their vehicles are safe before entering public roadways. Read More >
What will it take to get into Chevy’s EV? $37,495, which includes destination. A federal tax credit lowers that to $29,995, or five bucks below the “affordable car threshold” so sought after by EV builders. Read More >
Are the economic successes of Wall Street not being passed down to Main Street? Are concerns over the future post-November direction of the country fostering caution in the minds of consumers? Did certainty regarding forthcoming autumn incentives postpone summer purchases?
And might the benefits of a burgeoning midsize pickup truck class finally be inhibiting demand for full-size pickup trucks?
Whatever the reason, U.S. sales of full-size pickups declined in the summer of 2016 after growing much faster than the overall market coming out of the recession.
In fact, in August 2016, all six nameplates in the category produced fewer sales than they did one year earlier. During the same period, sales of midsize pickup trucks jumped 39 percent. Read More >
After contract negotiations went right down to the midnight deadline, GM Canada and autoworkers union Unifor reached a tentative deal last night, averting a looming strike at Canadian GM plants.
Bargaining teams from the automaker and Unifor, which represents Detroit Three workers in Canada, reached what union boss Jerry Dias called “a framework for a tentative agreement.” Not only does the deal avert a shutdown at three Ontario GM facilities, it saves the threatened century-old Oshawa assembly plant.
No jobs will be lost, and a new (but unnamed) product will go into production in Oshawa. Read More >
Ford Motor Company stuck a “for sale” sign on Jaguar Land Rover as the world spiraled into the 2008 financial crisis, but its engines still beat within many of the British automaker’s models.
That will soon change, as the Tata Motors-owned company continues its rollout of in-house engines designed to reduce its dependence on other companies. Read More >
(Reuters) – Volkswagen supercar brands Bentley and Lamborghini have dropped out of the Paris Motor Show next week as their German parent is reining in spending on auto exhibitions to cushion costs from its emissions scandal. Read More >