Tags » Automakers

The auto industry may have a love-hate relationship with Trump

(Source: www.businessinsider.sg)

There are two key issues in the US auto industry at the moment.

Number one: SUVs and pickups are selling like crazy. US sales this year could equal or top 2015′s record of 17.5 million, driven largely by consumer demand for crossovers and pickups. 450 more words

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This is what a Trump presidency means for the US auto industry

(Source: www.businessinsider.sg)

Donald Trump won the presidency by winning the American heartland, the bastion of the US auto industry. Ohio went for the Republican candidate, and in a real shocker, Michigan continues to lean Trump. 923 more words

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Big Decline in U.S. Auto Sales May Signal End of Six-Year Boom (NY Times)

By Bill Clasic, September 1st, 2016

DETROIT — It was a good run while it lasted.

But a bigger-than-expected decline in the August auto sales numbers reported on Thursday indicated that the industry’s long and robust growth cycle may have reached its end. 831 more words

Post Automobile

8 electric SUVs arriving by 2020 to take on Tesla

(Source: www.businessinsider.sg)

More automakers are jumping into the electric car space to take on Tesla — and their rollout strategy could just give them an advantage.  860 more words

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RideCell Delivers Global Car-sharing And Ride-sharing Platform For Automakers

The RideCell platform enables auto companies to launch branded mobility offerings that meet rapidly shifting consumer demands.

PRNewswire/ — RideCell™, Inc., the developer of a Mobility-as-a-Service (MaaS) platform for leading automakers and transit providers globally, unveiled today at AutoMobility LA the worldwide release of its multiservice platform that allows car manufacturers to provide on-demand mobility when it’s needed and where it’s needed. 395 more words

Press Release

A baffling obsession with growth is distorting the US auto market

(Source: www.businessinsider.sg)

After booming for several years and setting sales record in 2015, as 17.5 million new cars and truck rolled off dealers lots, the US auto market now looks as if its flattening out. 443 more words

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Auto companies are bailing out on rental-car sales

(Source: www.businessinsider.sg)

In the auto industry, they’re called “fleet sales,” and they’re complicated.

They can boost an automaker’s sales numbers, but at the expense of profits, given that fleet sales are going to large organizations and rental-car agencies, and those folks don’t pay full retail prices for the thousands of vehicles they buy. 299 more words

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