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Category: Vehicles

eCommerce Used Car Seller Carvana Opens in LA

eCommerce Used Car Seller Carvana Opens in LA

| September 6, 2017

Carvana (NYSE: CVNA), a novel eCommerce platform for buying used cars, has launched in Los Angeles, it 37th market. Would-be-buyers can visit Carvana.com, browse more than 7,000 vehicles, finance, purchase and even trade in an old car, all from the convenience of their mobile phone, tablet or computer, in as little as 10 minutes. Carvana […]

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Ford U.S. Sales Drop 2.15 In August, Fleet Sales Dip Slightly

Ford U.S. Sales Drop 2.15 In August, Fleet Sales Dip Slightly

| September 1, 2017

Ford Motor Company reported that U.S. sales were down 2.1% in August, at 209,897 vehicles. As part of its report, the company noted that: Fleet sales dropped 0.2 percent, with sales  of 45,830 vehicles Compared to Augusts of 2016, sales are down 2.7 percent Pickup sales, in contrast, rose 15%. August marked the start of […]

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Used Class 8 Truck Same Dealer Sales Drop in July, Up vs. Last Year

Used Class 8 Truck Same Dealer Sales Drop in July, Up vs. Last Year

| August 28, 2017

Class 8 same dealer used truck sales volumes continued to decline in July, falling 5% month-over-month, according to ACT Research. “Channel analysis indicates that the retail and wholesale declines were the primary drivers behind the overall market slump,” said Steve Tam, Vice President at ACT Research. He continued, “Despite the sequential drop, longer term comparison […]

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Hino Notches 10-Year Anniversary Manufacturing in WVA

Hino Notches 10-Year Anniversary Manufacturing in WVA

| August 10, 2017

Ten years can roll by in a flash. Just ask Hino Motors, which just celebrated this milestone in manufacturing medium duty trucks in Williamstown, West Virginia. Consider the arch of growth. The company’s 245,000 sq. ft. location there produces Hino’s Class 6 and 7 conventional body style trucks. What’s more, since 2007, production per year […]

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Elio Motors Seeks to Raise $100 Million

Elio Motors Seeks to Raise $100 Million

| August 3, 2017

Elio Motors, Inc. (OTC QX:ELIO), a startup vehicle manufacturer planning to launch a three-wheeled vehicle, with a targeted base price of $7,450, that will deliver up to 84 mpg, has announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) relating to a proposed public offering […]

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Heavy & Medium Duty Preliminary Orders Show Q/Q Decline, Up 37% from Last Year

Heavy & Medium Duty Preliminary Orders Show Q/Q Decline, Up 37% from Last Year

| July 6, 2017

After an unexpected rally in Q1, 2017, North American MD & HD Classes 5-8 net orders moderated in the second quarter. While orders were lower quarter over quarter, year over year comparisons are positive by a wide margin. In June, total Classes 5-8 net orders rose over 37% year-over-year to a seasonally adjusted 43,000 units. […]

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