Sentences with phrase «u.s. vehicle market»

The U.S. vehicle market will undergo a massive technology disruption from electric vehicles in the coming decades.
Trucks» share of the U.S. vehicle market rose to 68.4 % in April, up from 63.2 % during all of last year and 48.8 % during all of 2008.

Not exact matches

Hyundai and Kia both increased their shares of the U.S. new - vehicle market in the past decade, particularly during the economic downturn of 2008 to 2010 when consumers sought out fuel - efficient and relatively low - priced vehicles.
The unit was once the backbone of its Asian strategy and still makes more than 1 million assembled or partially assembled vehicles for the U.S., European and emerging markets.
Hyundai and smaller affiliate Kia, which together make the world's fifth - largest automaker, said demand was expected to soften in the U.S. and Chinese markets as they unveiled a combined sales target of 7.55 million vehicles this year.
«For all the media coverage of groundbreaking autonomous vehicle investments made to date, a surprising number of U.S. consumers are still looking for a new, focused player to enter this market,» Deloitte wrote in its study.
GM has abandoned several money - losing markets over the past three years as part of a broader strategy to boost profit margins and conserve capital to fund electric and automated vehicles as well as new models for core markets in China, the U.S. and Latin America.
Already the world's largest car market, China is projected to become the top market for luxury vehicles by 2020, according to L2, a U.S. business intelligence firm that tracks the digital performance of consumer brands.
U.S. retailers Walmart and Sam Edelman are expanding in the Chinese market, while The Children's Place makes its debut, GAC Motor is trying to bring its vehicles to American consumers and, within China, Alibaba has been busily acquiring smaller companies in the constant race to maintain its edge over competitor Tencent.
Alongside this USD trade volume commanded quite a bit of trading but since the recent U.S. tax cuts for equities markets, new money has likely jumped to those investment vehicles.
(This «Northern Gateway» pipeline is seen by the oil industry as an essential vehicle to develop new markets for Canadian petroleum, especially if the Keystone XL pipeline to move Alberta bitumen to the U.S. Gulf is not approved).
DETROIT (Reuters)- General Motors Co (GM.N) said on Tuesday it will stop reporting monthly U.S. vehicle sales, saying the 30 - day snapshot does not accurately reflect the market and the company will, instead, issue quarterly sales reports.
For the year, U.S. consumers bought 15.6 million vehicles, up 7.6 % from 2012, according to market researcher Autodata Corp., the strongest volume since 2007.
It's seeking 3 million new - energy vehicle sales a year by 2025, from 330,000 in 2015, when the country surpassed the U.S. to become the world's biggest electric - car market.
China's government wants sales of electric vehicles to exceed 3 million units a year by 2025, after surpassing the U.S. last year to become the global market leader.
The auto market is massive — 17 million new vehicles sell every year in U.S. alone, and the used car market is three times larger.
(Zero Hedge)-- The U.S. auto market is at an interesting crossroads with used car prices crashing to new lows every month while new car prices continue to defy gravity courtesy of a somewhat «frothy», if not suicidal, lending market that has seemingly decided that anyone with a pulse is financially qualified for a $ 0 down, 0 % interest, 80 month loan on a brand new $ 40,000 luxury vehicle of their choice.
The company sold only 82,000 vehicles in the U.S. last year — less than 1 percent of the total market.
Shares in German carmakers BMW, Daimler and Volkswagen fell after Trump warned he will impose a border tax of 35 percent on vehicles imported from abroad to the U.S. market.
NASCAR's official kickoff to its season at the racetrack included a marketing vehicle for U.S. Senate candidate Rep. Kendrick Meek, D - Florida.
U.S. auto manufacturers dabbled in the diesel auto industry during the oil embargo in the late 1970s, when there was a strong push to bring more efficient vehicle technologies to market.
The company commands more than 80 percent of the European market for CNG vehicles and could be a major player in the U.S. natural gas car market down the line.
During the past decade, Toyota has controlled around three quarters of the U.S. hybrid market, with worldwide sales of the Prius and luxury Lexus hybrids nearing two million vehicles — more than half of them Priuses.
Like cross-town rival Ford, which saw sales of its brawny Mustang and immense Lincoln Navigator models jump 70 percent or more, General Motors Co. and Fiat Chrysler, the smallest by market share of the former U.S. - owned and so - called «Big Three,» reported sharp increases in demand for many of their largest vehicles.
«The only bright spot for the U.S. vehicle export market was in exports to China,» the Commerce report says.
But Recchia - O'Neill is certainly at the forefront of a transformation of the U.S. — and global — auto market from standard gasoline - fueled internal combustion engines to greener vehicles.
Should the market demands for hydrogen fuel increase with the introduction of fuel cell electric vehicles, the U.S. will need to produce and store large amounts of cost - effective hydrogen from domestic energy sources, such as natural gas, solar and wind, said Daniel Dedrick, Sandia hydrogen program manager.
It took conventional hybrid vehicles 15 years to claim a solid wedge of the U.S. automotive market.
But the few hundred thousand alternative vehicles Toyota sells each year are still a drop in the bucket in the U.S. market of 14 million vehicles.
About two dozen battery and plug - in electric vehicle models, by Toyota Motor Corp., General Motors Co., Ford Motor Co., Volkswagen AG and other major manufacturers, were sold on the U.S. market last year.
A former managing director at Reliant Equity Investors, Roberts also served as the highest - ranking African - American executive in the U.S. automobile industry as group vice president for North American Vehicle Sales, Service, and Marketing of General Motors Corp..
With the exception of the rear - drive BRZ coupe and vehicles equipped with a manual transmission, the EyeSight active safety suite is available on every Subaru model sold in the U.S. market.
The Problem: General Motors today expanded an earlier recall of 619,122 U.S. - market cars to cover a total of 1.37 million vehicles.
Kia revealed the 2015 Kia Soul EV at the 2014 Chicago auto show, the company's first - ever all - electric vehicle for the U.S. market.
Both vehicles will be updated before they're released into the U.S. market, so we could see the addition of a solid front axle, or at least support for one, with as part of the refresh.
Within the U.S. market, the ranking is slightly different, as GM led with 2.8 million U.S. vehicle sales.Toyota sold 2.24 million vehicles in the U.S. in 2013, including the Scion and Lexus brands.
Toyota will build Corollas and Mazda will build a new crossover for the North American market, possibly the CX - 4 unveiled at the Beijing show last year, at a new $ 1.6 - billion U.S. assembly plant capable of building 300,000 vehicles per year.
«There has been a permanent shift to [utility vehicles] and pickup trucks,» Marchionne said, in summing up the U.S. market.
Not to worry: We consulted every mainstream automaker to assemble a list of mass - market passenger vehicles for the 2017 model year that are currently built in the U.S. or have production split between the U.S. and other countries.
The new suite of safety equipment, dubbed AcuraWatch, includes Acura's first U.S. - market application of Surround View Camera, which provides a 360 - degree view around the vehicle's exterior.
BIRMINGHAM, MI — Cadillac can move up from No. 4 in the U.S. luxury - vehicle segment and claim the top spot within two years, marketing chief Don Butler says, citing a rebuilt reputation and product offensive that will result in as many as 10 new or significantly refreshed products in the U.S. by 2015.
Recently, I was able to drive preproduction European versions of each of these vehicles, though many had subtle changes from their U.S. market counterparts.
For the record, automakers have sold 25,518 electric vehicles in the U.S. through June, a scant 0.3 % of the light - vehicle market, according to WardsAuto data.
However, in the U.S. market, it's unknown as to whether Hyundai and Kia's upcoming all - electric vehicles will serve as compliance cars or not.
Neither the automaker nor its luxury division, Lexus, offers a turbocharged vehicle in the U.S. market.
«I think there's a great growth opportunity for the brand,» he says, noting VW is moving away from small, somewhat premium - priced models to a lineup stocked with CUVs and other vehicles that are competitively priced and cover the U.S. - market's major sweet spots.
VW isn't specifying volume plans for the MEB dedicated - BEV platform, but says it expects demand in the U.S. for all - electric vehicles to reach 10 % of the market by 2025 and that the Volkswagen brand should exceed that level.
With SUVs dominating the market for high passenger - capacity vehicles in the U.S., station wagons are a very small niche here.
«Safety is the responsibility of everyone in the motor vehicle market, including equipment importers,» said U.S. Transportation Secretary Anthony Foxx.
It's no secret that Mitsubishi «s i is finally making its way to the U.S. market, but what state will be the first to receive the little electric vehicles?
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