The Toyota Supra has already become the subject of a second recall thanks to platform co-developer BMW, which is recalling almost every model it has sold since 2018 due to a rearview camera software issue. As safety issues go, this…
Tag: 2018
Carvana posts wider Q4, 2018 losses as U.S. expansion rolls out
Carvana posted a wider fourth-quarter loss of $ 86.4 million as the used-vehicle upstart continued to spend heavily to expand into new markets. Revenue jumped 121 percent to $ 584.8 million as retail units sold climbed 105 percent to 27,750.…
FCA paid $77 million in U.S. fuel economy penalties in 2018
[unable to retrieve full-text content] Fiat Chrysler, which is lobbying the Trump administration to revise fuel economy requirements, said Thursday it paid $ 77 million in U.S. civil penalties late last year for failing to meet 2016 model-year mpg targets.…
Luxury brands rack up record sales in 2018
2019 McLaren 600LT Last year was a banner year for numerous luxury automakers. We’ve compiled 2018 global sales for five of them, and each of them saw sales expand to new records. The feat is particularly notable as the overall…
Mercedes holds onto US luxury sales crown in 2018 despite decline
Follow Viknesh 2019 Mercedes-Benz G550 Mercedes-Benz managed to retain its top spot in the sales charts for luxury cars in the United States in 2018, a year that saw most brands report lower sales than the previous period. Mercedes was…
CANADA: 2 million new vehicles sold in 2018 even as sales fell 6.5% in December
For the first time in nearly a decade, annual new-vehicle sales fell in Canada in 2018 with a total of 2,003,506 vehicles sold, down 1.9 percent from 2017, according to the Automotive News Data Center in Detroit. Annual Canadian sales last fell in…