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Low gasoline prices and pent-up consumer demand should propel new car and light truck sales to an estimated 16.94 million in 2015, according to the National Automobile Dealers Association.
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Vehicle manufacturers should sell 16.5 million light-duty vehicles in retail and fleet channels in 2014, which represents a 6 percent increase from 2013 amid the backdrop of an improving U.S. economy, according to Edmunds.com.
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Nearly half of all the battery-electric vehicles and plug-in hybrid electric vehicles registered in the U.S. in 2013 came in California, according to the U.S. Energy Information Administration (EIA).
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New registrations in Western Europe climbed by almost 6 percent, the U.S. auto market grew by more than 9 percent, and passenger car sales in China rose by 8 percent, according to a report by the Verband der Automobilindustrie (VDA).
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Toyota Motor Corp. has sold more than 7 million gasoline-electric hybrids globally so far in 2014, reaching the milestone faster than it has in any other previous year, according to the automaker.
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A new study from the University of Michigan Transportation Research Institute (UMTRI) asked hybrid owners and non-hybrid owners their thoughts on the increasingly popular vehicle.
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From May through August, Porsche sold 3,947 Macan compact SUVs. The Macan has outsold the Panamera among Porsche models this year by two units.
Read More →Sales of diesel passenger cars increased 25 percent during the first six months of 2014, while sales of gasoline cars grew 4.2 percent and hybrid growth turned negative, according to new data.
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Sales of pickups and vans helped boost General Motors' June fleet sales, which increased 2 percent compared to a year ago.
Read More →The Hyundai Tucson Fuel Cell compact SUV will initially be offered to retail buyers as part of a leasing program for $499 per month on a 36-month term with $2,999 down.
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