Business Major automakers on Tuesday posted a hefty drop in U.S. new vehicle sales for September, caused in part by a drop in sales in areas hit by Florence and a tough comparison to the previous September when consumers rushed to replace vehicles damaged by Hurricane Harvey. 02 Oct 2018 10:30PM Bookmark DETROIT: Major automakers on Tuesday posted a hefty drop in U.S. new vehicle sales for September, caused in part by a drop in sales in areas hit by Florence and a tough comparison to the previous September when consumers rushed to replace vehicles damaged by Hurricane Harvey.Fiat Chrysler Automobiles NV (FCA) bucked the trend for the month, reporting a 15-percent jump in U.S. sales led by increases in sales of its lucrative Jeeps - especially its Cherokee and Compass models - and Ram pickup trucks.Hurricane Florence flooded large parts of North Carolina and South Carolina last month, with residents dealing with the deluge instead of shopping for new cars.Sales in September … [Read more...] about Hurricanes batter September US new car sales
2018 new cars
COE has declined over the last year but new cars are still expensive according to data – here are the current prices of Singapore’s most popular models
COE prices has declined significantly over the last year. Pixabay Singapore is famous for its exorbitant car prices, largely thanks to legal requirements like Cost of Entitlement (COE) that drivers have to purchase to own a car. However, COE prices have declined significantly over the last year. In August 2017, a Category A COE cost approximately S$46,778, while they now go for S$30,209, representing a 17% drop. Category B COEs, which are required for larger vehicles, are 40% less expensive than they were in August of 2017, declining from S$53,711 to S$32,429. This drop will likely encourage individuals to purchase new vehicles. This made us wonder: how much do the most popular vehicles in Singapore cost now? Most Popular Car Brands New car registration data from the Land Transport Authority suggests that Toyotas are by far the most popular vehicle in Singapore. Since 2005, 209,846 new Toyotas were registered, much more than any other make. For example, Honda was second with 131,599 … [Read more...] about COE has declined over the last year but new cars are still expensive according to data – here are the current prices of Singapore’s most popular models
Trump’s new tariffs could mean you’ll pay more for a new car or truck
caption Trump announced a tariff on imported steel and aluminum. source Win McNamee/Getty Images Trump’s tariff’s on steel and aluminum could raise the prices of vehicles that his voters like to buy. Ford pickups, which use a lot of aluminum in their construction, could cost more. However, the auto industry might take the tariffs in stride and eat the higher commodity costs. On Thursday, the Trump administration announced a tariff on imported steel and aluminum, signaling a willingness to start a trade war so that that the President could keep a campaign promise. The response from US steel- and aluminum makers was swift and positive, although it’s worth noting that the aluminum industry in the country has been in steady retreat since 1980. Automakers who use a lot of steel and aluminum in their vehicles were either quiet or diplomatic, even as slower February sales compared to a … [Read more...] about Trump’s new tariffs could mean you’ll pay more for a new car or truck
Trump’s new tariffs could mean your next new car or truck will cost a more
caption Trump announced a tariff on imported steel and aluminum. source Win McNamee/Getty Images Trump’s tariff’s on steel and aluminum could raise the prices of vehicles that his voters like to buy. Ford pickups, which use a lot of aluminum in their construction, could cost more. However, the auto industry might take the tariffs in stride and eat the higher commodity costs. On Thursday, the Trump administration announced a tariff on imported steel and aluminum, signaling a willingness to start a trade war so that that the President could keep a campaign promise. The response from US steel- and aluminum makers was swift and positive, although it’s worth noting that the aluminum industry in the country has been in steady retreat since 1980. Automakers who use a lot of steel and aluminum in their vehicles were either quiet or diplomatic, even as slower February sales compared to a … [Read more...] about Trump’s new tariffs could mean your next new car or truck will cost a more
New cars for Thailand in 2018
More and more SUVs are coming this year ranging from a budget-priced seven-seater up to a super exotica. Less than B1m*Like archrival Chevrolet, Ford is set to become a pickup and SUV specialist in Thailand. To help underscore this mission, Ford will introduce a flagship model of its Ranger pickup next month boasting macho looks and off-road addendum. What remains to be seen is whether the Raptor will inherit Ford’s latest 10-speed automatic transmission already used in the US. Rumours indicate that the Raptor will be priced well over one million baht, despite the lesser WildTrak costing less than that level.*After launching in Japan for around a year already, Suzuki’s latest Swift is set to hit Thai showrooms next month with a bigger body albeit mildly evolved design. The current 1.2-litre petrol engine is claimed to be uprated with dual fuel-injectors per cylinder for maintained performance but better fuel economy. Expect Ecocar pricing of some 500,000-750,000 baht.*Two … [Read more...] about New cars for Thailand in 2018