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The current tire cost stability may be short lived. The forecast is for a 2- to 3-percent cost increase in CY-2016 driven by unique tire sizes, run-flats, and limited replacement tire availability for certain vehicles.
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Sales of commercial vehicles from nine manufacturers increased 2.3% to 629,270 units in 2015 to finish another solid year despite a December swoon.
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Ford is investing an additional $4.5 billion in 13 new electrified vehicles by 2020, one of which will be a new Focus Electric.
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Sales of vehicles from nine manufacturers to commercial fleets increased 4.6% to 47,987 vehicles for the month of November with solid growth in car sales and steady truck sales.
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Sales of vehicles to commercial fleets from nine manufacturers fell 5.6% to 50,800 in October, which reversed a two-month trend of upward sales in the segment, according to Automotive Fleet data.
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General Motors is adding more than 1,200 jobs to its Detroit-Hamtramck Assembly Plant as part of a new second shift that will nearly double its workforce at the plant for producing passenger cars.
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Sales of vehicles from nine manufacturers to commercial fleets ratcheted higher in September with a 9.6% increase to 48,063 units from the same period a year ago.
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Sales of vehicles to commercial fleets from nine vehicle manufacturers rose 15 percent to 50,552 units in August in part due to a surge in passenger-car purchases, according to Automotive Fleet data.
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Sales of vehicles from nine manufacturers to commercial fleets fell 3.5 percent to 44,303 units in July mostly due to a slide in sales of trucks, vans, and SUVs.
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Three large automotive markets supported global automotive growth during the first half of 2015, led by Western Europe, according to research by the German Automobile Industry Association (VDA).
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