U.S. auto sales fall in Q1 as chip shortage slows factories

GMC pick-up vehicles are lined up on the gross sales lot on the Albrecht Auto Group dealership, Tuesday, Aug. 3, 2021, in Wakefield, Mass. U.S. new-vehicle gross sales had been anticipated to fall round 15% within the first quarter in contrast with a 12 months in the past, as the worldwide pc chip scarcity continued […]

Toyota overtakes GM to lead US auto sales for 2021

Propelled by its bestselling Highlander SUV, Toyota final 12 months overtook Common Motors for the primary time in US auto gross sales. Japanese carmaker Toyota led US car gross sales in 2021, in response to figures launched Tuesday, overtaking Common Motors for the primary time as a scarcity of semiconductors roils the automotive trade. The […]

Six Major Automakers Agree to End Gas Car Sales Globally by 2040

On the United Nations Local weather Change Convention, six automakers and 30 nations signed a pledge to finish gross sales of gasoline and diesel-powered automobiles worldwide by 2040. The settlement additionally contains phasing out gross sales of these automobiles by 2035 in “main markets.” Ford, Common Motors, Mercedes-Benz, Volvo, Jaguar Land Rover, and Chinese language […]

Tesla Sales Figures Defy Analysts

Tesla even beat the analysts predicted figures. In keeping with Refinitiv Information, the analysts predicted complete gross sales of 229,242 items, however Tesla ended up delivering 241,300. The breakdown of gross sales is 232,025 Mannequin 3 and Mannequin Y fashions and 9,275 Mannequin S and Mannequin Xs. The legacy producers are having a tricky time, […]

Tesla reports stronger-than-expected Q3 sales

This Feb. 9, 2019, file picture reveals an indication bearing the corporate brand outdoors a Tesla retailer in Cherry Creek Mall in Denver. Tesla says it delivered 241,300 electrical autos within the third quarter in 2021, even because it wrestled with a worldwide scarcity of laptop chips that has hit your complete auto business. The […]

GM reports big drop in 3Q US sales on semiconductor woes

Common Motors reported a giant drop in quarterly US gross sales as a result of semiconductor scarcity. Common Motors reported a pointy drop in third-quarter US gross sales on Friday as the worldwide semiconductor crunch depletes dealerships of auto provide amid still-strong client demand. The large US automaker described auto inventories as “traditionally low” after […]

Facebook Marketplace Popular for Car Sales; Scammers Like It ,Too

Whether or not you are utilizing Fb Market, eBay, or Craigslist, there are advantages and dangers to purchasing or promoting a automobile. Scams and privateness issues are excessive on the record of issues to be careful for. Fb, for instance, has a billion folks utilizing Market, and it depends on automated anti-fraud software program in […]

Mercedes Suspended V-8 Sales over ‘Quality Issue,’ AMG Boss Says

When Mercedes abruptly pulled the overwhelming majority of its V-8 fashions from the U.S. marketplace for the upcoming mannequin yr, it did one thing not simply weird within the conservative auto enterprise however unprecedented in any sector. It is definitely not typical for a big automaker with enormous manufacturing capability to shut the ordering books […]

Ready to sell your collector car? We’ll share sales tips in September

Again in Might, we printed a sequence of tales about buying your first, or your subsequent, collector automotive. Our ideas on the time was that you simply may buy a automotive within the spring, drive it by the summer time, after which promote it within the fall. Now, as fall approaches, we’re doing one other […]

Actress’s car tops Bonhams Beaulieu auction sales results

Actress Jean Simmons’ 1949 Bristol 402 drophead coupe was the highest vendor at Bonhams MPH public sale at Beaulieu, England, the place the pale inexperienced convertible bought for $221,126. The automobile had been a present to the actress from co-star and future husband, Stewart Granger. Theirs have been amongst solely 24 such automobiles produced by […]