Connect to share and comment

Strong pickup truck sales boosted U.S. autos in May

By Bernie Woodall and Deepa Seetharaman DETROIT (Reuters) - Strong pickup truck sales, spurred by an improving housing market, boosted May auto sales after a disappointing April, early results from major automakers showed on Monday. The three major U.S. automakers dominate pickup truck sales, which generally are sold at a higher profit margin than other vehicles. Pickup truck sales in May rose about 2 percentage points to 11.7 percent of the overall industry, Ford Motor Co <F.N> said.

Ford recalls 465,000 cars for fuel leaks

Ford on Monday announced the recall of 465,000 model 2013 cars worldwide to fix a possible fuel leak that has the potential to catch fire. The vehicle models include the 2013 Ford Explorer, Taurus, Flex, Fusion, Interceptor Utility, Interceptor Sedan, and Lincoln MKS, MKT and MKZ, Ford said. The fuel delivery module in the cars can leak and customers have reported both fuel odors and signs of leaking fuel on the ground. "While a fuel leak in the presence of an ignition source may result in a fire, there have been no reports of fires," Ford said.

Ford's Canadian auto sales higher in May on truck demand

TORONTO (Reuters) - Ford Motor Co's <F.N> Canadian vehicle sales rose 0.5 percent in May from a year earlier, the company said on Monday, as brisk demand for new trucks more than offset a decline in car sales. Ford said it ranked as Canada's top seller for the month, as total vehicle sales rose to 32,490 from 32,338 in the same period last year. Truck sales climbed 4.6 percent to 23,537 vehicles, while car sales fell 8.9 percent to 8,953 vehicles.

Ford recalling 465,000 2013 models to check for fuel tank leaks

DETROIT (Reuters) - Ford Motor Co is recalling 465,000 2013 models to check for fuel tank leaks that could result in a fire. The automaker said it won't have enough replacement parts for all owners until September. Models include the 2013 Ford Fusion, Flex, Explorer, Taurus, Interceptor Sedan and Interceptor Utility, as well as the 2013 Lincoln MKZ, MKS and MKT. Ford said a fuel delivery module in the tank could leak and that it had received 600 consumer complaints as of March 31.

Ford US sales up 14 per cent in May on continuing big demand for F-Series

DETROIT - Ford Motor Co. says its U.S. sales rose 14 per cent in May as demand for the F-Series pickup hit a six-year high. Ford sold 71,604 F-Series trucks, the most since March of 2007. F-Series sales were up 31 per cent over last May as construction crews and other small businesses drove demand. Other strong sellers included the Ford Fusion sedan, which gained 10 per cent, and the Ford Escape, which was up 26 per cent. Ford sold more than 29,000 Escapes, for its best sales month since the small SUV's introduction 13 years ago.

S. Korean car sales up 7.5 pct in May despite yen's weakness

SEOUL, June 3 (Yonhap) -- South Korean auto sales increased 7.5 percent in May from a year earlier despite the Japanese yen's decline against the U.S. dollar, data released by the country's five carmakers showed Monday. The combined sales of the five carmakers led by industry leader Hyundai Motor Co. came in at 746,444 units last month, compared with 694,288 vehicles sold a year ago, according to the data. The other four automakers are Hyundai's smaller sister company Kia Motors Corp., GM Korea, Renault Samsung Motors Co. and Ssangyong Motor Co.

Chevy Malibu gets new engine, updated appearance to better compete in tough midsize car market

DETROIT - General Motors is hoping that a hurry-up makeover of the Chevrolet Malibu will move it from also-ran to a top performer in the key midsize car segment. The company unveiled the 2014 version of the car Friday, hoping it will catch on in the heart of the U.S. auto market now dominated by Toyota's Camry, Honda's Accord and Ford's Fusion.

Chevrolet Malibu gets quick freshening after slow sales

DETROIT (Reuters) - General Motors Co <GM.N> is giving its mainstream Chevrolet Malibu a speedier-than-usual freshening, after sales of the midsize sedan have fallen further behind those of rival cars from Toyota, Honda, Nissan and Ford. The 2014 Malibu, on sale this fall, will get a mildly revised front end, a slightly roomier interior and a more-efficient four-cylinder engine, GM said Friday.

Australia investigating Volkswagen safety after driver death

SYDNEY (Reuters) - The Australian government is investigating reports of power loss problems with cars manufactured by Volkswagen AG <VOWG_p.DE>, amid an inquiry into the death of a woman killed when her Volkswagen Golf was hit by a truck in 2011. The probe comes just weeks after the German carmaker recalled about 91,000 vehicles in Japan because of potential gearbox problems that could cause cars to speed up or slow down during driving.

Automakers cut electric car lease prices, add goodies to boost sales of new technology

DETROIT - Auto companies are hoping lower lease prices can put a charge into sluggish electric car sales. Honda announced Thursday that it's slashing the monthly lease cost of its tiny Fit EV by one third, following similar moves by other automakers. Honda also is throwing in other goodies, such as a free home charging station and unlimited mileage.
Syndicate content