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Daily Car News Bulletin for May 4, 2016

by Car Appraiser on May 4, 2016

Daily Car News Bulletin for May 4, 2016

 

  • Auto Sales Report

Total auto sale rose 3.5%, more than 1.5 million cars and light trucks.

U.S. SAAR:

April 2016: 17.42 million

March 2016: 16.56 million

April 2015: 16.77 million

Led by gains at Honda, Nissan, Toyota, Fiat Chrysler and Ford, U.S. light-vehicle sales increased 3.5 percent to 1.506 million in April.

Incentive spending
Manufacturer April 2016 forecast % change vs. April 2015 % change vs. March 2016
BMW 4713 0.15 -0.081
Daimler 3911 -0.002 0.053
FCA 3967 0.251 -0.019
Ford 3423 0.24 -0.025
GM 3909 0.14 -0.03
Honda 1631 -0.075 0.068
Hyundai 2201 -0.024 0.004
Kia 2839 0.058 0
Nissan 3298 0.117 -0.048
Subaru 572 -0.214 0.007
Toyota 2017 0.138 -0.031
Volkswagen Group 3276 0.166 -0.021
Industry 3021 0.133 -2.7
  • Takata Additional Recall Units

daily-car-news-bulletin-for-may-4-2016-takata

Under the pressure of U.S. regulators, Takata announces an additional recall of 35 to 40 million units. Airbags inflators have a defect that allows it to explode throwing a debris of metal at passengers. The expanded recall will be divided over several years and already the largest and most complex auto safety recall in U.S. history.

  • Google Buying Additional Hybrid Vehicles for Self-Driving Tests

daily-car-news-bulletin-for-may-4-2016-google

Google buys 100 plug-in hybrid minivans from FCA to expand GOogle’s self-driving vehicle testing program. The vehicles will not be offered for sale to the public. Unlike prior testing in which Google bought Toyota Motor Corp. vehicles from dealers and retrofitted them, Google will work with FCA directly.

  • Volvo Profits

daily-car-news-bulletin-for-may-4-2016-volvo

Volvo Q1 profits rose to 392 million dollars, with a help of XC90.

  • Ford Wind Tunnel Testing

daily-car-news-bulletin-for-may-4-2016-ford

Ford says it has developed the world’s first mobile aeroacoustic wind tunnel, a patent-pending invention that it says will improve quality while also saving significant time and money by letting engineers test vehicles right at the plant where they’re made.

 

 

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