logo

Low cost of fuel leads to U. S auto sales increase

January was a great month for automakers. In United States three major automakers sales increased tremendously. General Motors (GM) lead with 18.3 percent rise in January, Ford followed with 15.3 percent rise and lastly Fiat Chrysler Automobiles (FCA) with 14 percent rise. New cars and trucks were the ones that had high sales with trucks having 54 percent of January sales. Trucks comprise of vans, SUVs and pickups. New cars sales was 46 percent. Automakers sold 1.51 million new automobiles last month which is a rise by 13.7 percent from last year.

The sales have been fueled by the low gasoline prices which also led to the higher sales of trucks since the gas-thirsty cars are no longer expensive to fill up. Mike Jackson, chief executive of No. 1 U.S. dealer chain AutoNation Inc. said “The American people love their trucks,” “This decline in gas prices is a definite plus for the industry both in consumer attitude and the type of vehicles they buy.”

GM delivered 202,786 automobiles last month, which is the company’s best sales in January in the last seven years. 14 percent were retail sales and fleet deliveries were at 32 percent. Ford’s sales rose by 13 percent and this makes it the best January sales for the company since 2004. FCA on the other hand had a sales of 1545,007 vehicles and posted the best January sales since 2007. Reid Bigland, FCA's head of U.S. sales said "We kicked off 2015 with a 14-percent increase in sales and extended our year-over-year sales streak to 58 consecutive months.”

Sales are still strong in the first half of February, despite harsh weather condition in some parts of USA. The industry forecasters are forecasting the sales might reach 17 million this year after hitting 16.52 sales in 2014.

 

  • The new BMW 2 Series Gran Tourer

    In 2014 BMW embarked on a new approach to spatial functionality with the launch of the BMW 2-Series Active Tourer. It offered generous amounts of space within a compact exterior, together with excellent versatility and high levels of driver engagement. The first ever Sports Activity Tourer (SAT)…

    Read more »
  • Volkswagen’s New Crossover CROZZ

    Just as the name suggests, Volkswagen is up to something new and trendy that will move millions of buyers. This time we are driving electric. Watch out! The crossover model by Volkswagen is a new electric car called ‘I.D Crozz.’ This brand concept was presented at the Auto Shanghai 2017.…

    Read more »
  • Volkswagen Makes Pact with U.S

    Volkswagen, a German based and the largest vehicle manufacturing company in the world, has made a pact with the United States following an emissions scandal that rocked the company a few months ago. One of the main objectives of this agreement is to help restore the public image by using payouts and…

    Read more »
  • 2018 Mercedes AMG GT-R

    !function(),utils=,getMetaTagContentByProperty:function(metaTagProperty),getWindowLocationOrigin:function(),getCanonicalUrl:function(),getOgUrl:function(),getRelCanonical:function(),getExternalArticleId:function(),getCurrentProtocol:function(),getPlatformHost:function()};TOUT.mapAsyncFetchApp=,this.…

    Read more »
  • BMW producing Quad-Turbo Diesel engine

    To beat the triple charged SQ7 diesel engine made by Audi, BMW introduced the Quad-Turbo Diesel engine, nicknamed the B57. BMW presented their new engine at the 37th International Vienna Motor Symposium 2016. This engine has four turbo charges; the third turbo charge is an electrically driven…

    Read more »
  • The new 2017 Subaru Impreza

    Subaru Impreza is an automobile which has been manufactured since 1992. Subaru - America Inc. has shown eight consecutive years of sales growth. Every five-year cycle, Subaru introduces new models. The latest Subaru Impreza debuted in 2012. They have introduced the 2017 Subaru Impreza Sport Sedan at…

    Read more »
  • BMW IONITY

    IONITY is the joint venture of BMW Group, Daimler AG, Ford Motor Company and the Volkswagen Group with Audi and Porsche. Ionity is here to build a network of reliable and powerful charging stations along major routes across Europe. These stations are comfortable to use and they allow fast charging…

    Read more »
  • Li Shufu Buys $9 Billion Stake in Daimler

    In growing his investments in the auto industry, Li Shufu, one of China’s wealthy personalities, has bought a 9.69 percent stake in Daimler. Daimler is the German manufacturer of the auto brand Mercedes-Benz. The stake was acquired by an investment firm headed by Li Shufu, Tenaclou3 Prospect…

    Read more »
  • 5. Dyson moving from vacuums to electric cars built in China.

    From vacuum cleaners to electric vehicles, this is Dyson LTD’s move as it expands its business operations. Dyson intends to have the first rollout of its electric car by 2021. Its investment of 1.12 billion Euros (1.24 Billion USD) is set to fund the ambitious project. Dyson joins an already…

    Read more »
  • 1968 Opel GT nowadays driving video

    The first generation Opel GT (1968-1973) debuted as a styling exercise in 1965 at the Paris and Frankfurt motor shows. The production vehicle used mechanical components from the contemporary Opel Kadett B and two-door hard top bodywork by French contractor Brissonneau & Lotz. The styling of the…

    Read more »
  • F1 future of Ricciardo

    At the end of last year, Red Bull extended Max Verstappen's deal and agreed to give Daniel Ricciardo some time to think over his options. This time was given to the five-time Grand Prix winner during a moment in which most contracts expire. Ricciardo is now 28 and he considers that this is a…

    Read more »
  • New NASCAR Camaro Z11 Races at Texas Speedway

    Since 2013, the Chevrolet SS has been tasked with flying the Chevrolet flag at the NASCAR Cup series and has gone on to win three titles in 4 years. But, on Tuesday, that changed. Driver Chase Elliot had the honor of taking Chevy's new NASCAR Cup series representative, the Camaro ZL1, to the…

    Read more »
  • What are the rules for Drag racing cars?

    Car enthusiasts love watching drag races and, at times, enjoy experimenting thrilling top speeds in their vehicles. Drag racing is taking over the world as one of the loudest Motorsports, and many people want to venture into the sport throughout Europe and America. However, just like any sport that…

    Read more »
  • Baku, Azerbaijan to host Formula One

    As the weekend begins to unfold in the world of Formula One racing, all eyes are set on Baku’s city circuit in Azerbaijan for the next race of the European Grand Prix. With the race scheduled for tomorrow, Sunday, June 19, fans are in for a special treat as this race is sure to live up to the…

    Read more »
  • A. J. Foyt and Mario Andretti

    For people who are passionate about cars, A.J Foyt and Mario Andretti are two of the best known drivers in the world. They have changed the face of the sport of car racing. Now, the two professional drivers are no longer in any competition, so they are using their talent, skills, and connections to…

    Read more »
  • Brian Vickers to race No. 14 again

    Injuries in sports often lead to incredible opportunities. Most notably, Lou Gehrig got his starting spot on the Yankees when Wally Pipp was unable to play, and the rest is history. Recent developments in NASCAR with Brian Vickers are not at that level, but are still notable for their own unique…

    Read more »