Volkswagen has officially announced that the Eos hardtop-convertible is coming to an end. Not entirely surprising, given that the convertible market has been dwindling some time and shows few signs of life. But one of TTAC‘s industry sources shed some light on an interesting threat to the convertible market.
The Opel Ampera, an Opel-badged Chevrolet Volt, will be killed off in Europe due to slow sales.
Booming utility vehicle sales have boosted Canada’s new vehicle market to unseen highs in the first half of 2014. Despite falling car sales and a slight decline in overall pickup truck volume, Canada’s auto industry is up nearly 3% through the first six months of 2014, an increase of some 25,000 units compared with the first half of 2013.
AutoNation, which is America’s largest dealership chain, is embarking on a two-year, $100-million project that will include that creation of an app that will allow shoppers to purchase cars online, in a method similar to traditional e-commerce.
It’s hard out here for a full-size car. Sales are declining on a consistent basis, as crossovers and falling demand for V6 and V8 non-premium sedans eats into the once-proud full-size segment. Talk of Ford killing off the Taurus seems to float around, while at least half of all sales in the broader segment seem to go to fleets. Market forces might claim their next victim in the form of the Hyundai Azera.
Small and midsize pickup trucks accounted for 10.6% of the new pickups sold in the United States in June 2014 as their collective volume slid 9.3%.
Overall pickup truck sales slid 5.1%. Sales of the core set of six full-size trucks fell 3.5%.
One year ago, in June 2013, this group of non-full-size trucks generated 11.1% of the pickup truck volume.
The current Corvette is doing well for itself as of late, not only moving off the lot at a greater clip between January and June of this year than last, but also besting the SRT Viper and Porsche 911.
GM built their last 1500 series van at the Wentzville, Missouri assembly plant this past week. GM claims that the vans will die to make room for the all new Chevrolet Colorado and GMC Canyon trucks at the Wentzville plant, but that’s not the full story.
Volkswagen will invest $900-million and add 2,000 jobs as part of a decision to build their long-awaited mid-size crossover in Chattanooga, Tennessee.