Sales advance 3.5% on fatter deals, truck volume; SAAR rebounds to 17.42MTue, 03, May 2016
Led by gains at Honda, Nissan, Toyota, Fiat Chrysler and Ford, U.S. light-vehicle sales increased 3.5 percent to 1.506 million in April, a record for the month. After a lackluster March that disappointed some automakers, April produced solid gains across the industry, with fatter deals and light trucks driving volume higher.
Hyundai blames ‘softness’ in cars for Elantra’s spring swoonTue, 03, May 2016
Just three months after Hyundai Motor Co. launched a clean-sheet redesign of the Elantra sedan, its best-selling car in the U.S. last year, sales of the compact car plunged 44 percent in April, suggesting the Korean automaker may have hit a snag in a market segment that has recently been among its strongest.
Mitsubishi cheating deals new blow to industry credibilityThu, 21, Apr 2016
Mitsubishi's admission this week that it manipulated fuel-economy tests to mislead consumers is an ominous echo of the scandal rocking VW and another example of an automaker trying to skirt an increasing array of government regulations.
Mitsubishi admits manipulating fuel-economy test dataWed, 20, Apr 2016
Mitsubishi Motors admitted to manipulating test data involving 625,000 vehicles in order to improve fuel-economy claims. The affected models include those supplied to Nissan Motor Co., which discovered the manipulation.
Kia sees an opening for SedonaMon, 11, Apr 2016
Kia executives pledged to ramp up marketing on the Sedona minivan, said Benny Yount, chairman of Kia's dealer council. The move comes as Fiat Chrysler Automobiles prepares to discontinue the long-standing Dodge Caravan and retire the Chrysler Town & Country to make way for the new Chrysler Pacifica.