Categories : Auto Repair

 
2016 Mazda MX-5 Miata: Leading 10 Driver-Focused Design Elements in New Miata

The original MX-5 ′ s engine was a 1.6-liter 4 cyclinder providing 116 horsepower and 100 pound-feet of torque. This automobile rode on 14-inch wheels, …
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Automobile sales expected to keep rolling along

With July new car sales anticipated to come in at a yearly rate above 17 million for the 3rd straight month on Monday, many economic signals show that the boom times have another year, possibly 18 months, to run, experts and economists stated. The best potion of simple credit, falling gas costs and pentup demand keeps display room traffic flowing steadily. Yet recently consulting company IHS Automotive released a survey that even after six years of rising sales, the typical car on U.S. roads is a record 11.5 years old. “We are expecting 17.1 million for the full year, with fairly potentially upside prospective,” stated Michelle Krebs, senior analyst with Kelley Blue Book. “We expect 2016 to be another strong year in the exact same range.” The last complete year American purchased more than 17 million new cars was 2006 and the market’s peak was 2000 when sales reached 17.8 million. Given that July 23, General Motors, Ford and Fiat Chrysler reported a whopping $6.8 billion in overall make money from their North American operations. That bounty reflect the uncommon convergence of increasing prices, lower rewards and a shift toward bigger automobiles that generate the most robust profit margins. Nationally gas rates have dropped about 10 cents a gallon in the last month, according to AAA, however in Michigan they dropped 32 cents a gallon because duration. For point of view, the year-over-year performance of particular automakers might not be that excellent due to the fact that they posted extremely strong sales at this time in 2013. Kurt McNeil, General Motors vice president of U.S. sales, said Thursday GM’s July sales might potentially fall from July, 2014, due to the fact that it pulled back on sales to rental business and other fleet customers. “We would be enjoying better headlines if we were doing more of that company,” McNeil said. “In the short-term we are quiting market share.” Tempering this optimism are 3 cautionary trends: – More individuals are financing their new automobiles over longer loans, occasionally as long as 7 or eight year …
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