Americans On Track To Buy A Bazillion New Cars This Year - Jalopnik
It has taken a year, but inventories of the F-150 are approaching normal levels and Ford was rewarded with a 5% sales increase in F-Series sales in August, which contributed to a 6% hike in overall sales. The results underscore two things: the importance of the truck to Ford’s overall sales in the U. S. and perhaps vindication of a calculated gamble to switch to aluminum for a truck that had a steel body for more than seven decades. Your next car could reveal more about you than your Facebook profile, promising a lucrative cash flow for automakers and drawing scrutiny from European regulators concerned over who can control that data and make money from it. As increasingly... That’s valuable information for the likes of BMW, Volkswagen AG and Daimler AG. “The industry talks about uncovering a gold mine,” said Stephan Appt, a Munich-based partner at law firm Pinsent Masons LLP. The Falcon, dubbed “the small car with the big car feel,” was an overnight success. It went on sale that October 8 and by October 9,. Source: jalopnik.com