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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
ManufacturerApril 2016 forecast% change vs. April 2015% change vs. March 2016
BMW47130.15-0.081
Daimler3911-0.0020.053
FCA39670.251-0.019
Ford34230.24-0.025
GM39090.14-0.03
Honda1631-0.0750.068
Hyundai2201-0.0240.004
Kia28390.0580
Nissan32980.117-0.048
Subaru572-0.2140.007
Toyota20170.138-0.031
Volkswagen Group32760.166-0.021
Industry30210.133-2.7
  • 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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