New-vehicle retail sales for December are expected to reach their highest levels since 2006 on a seasonally adjusted annualized rate (SAAR) basis, according to a monthly sales forecast developed jointly by J.D. Power and LMC Automotive.
During the past week, a total of 5.6 million vehicles were recalled by various automakers, the largest of which was by American Honda, which is recalling nearly 5.4 million Honda and Acura brand vehicles to address an air bag defect.
During the past week, no fewer than eight automakers issued vehicle safety recalls, including American Honda, BMW of North America, Chrysler Group, Ford Motor Company, General Motors, Maserati, Toyota Motor, and Volkswagen Group.
Characterizing November 2014 as a "stellar" month for the auto industry, Automotive News reported that light-vehicle sales rose 2.5% to 1.28 million units, putting the industry on track to move about 500,000 more pieces of metal in 2014 compared with 2013.
The all-new 2016 Honda HR-V crossover SUV was recently unveiled at the 2014 Los Angeles International Auto Show.
During the past week, a total of 285,735 vehicles were recalled by Ford Motor Company (Ford) and Mazda North American Operations (Mazda) to address leaky fuel tanks and faulty tire-pressure monitors.
According to a monthly auto sales forecast developed jointly by J.D. Power and LMC Automotive, U.S. new-vehicle retail sales in November 2014 are projected to come in at 1.1 million units--a higher level than any November since 2001.
The 2016 Ford Explorer, which just made its global debut at the 2014 Los Angeles Auto Show, reaches a new level of luxury with its top-of-the-line Platinum trim level.
During the past week, more than 900,000 vehicles were affected by recalls--864,500 of which were manufactured by Toyota Motor and Volkswagen Group. BMW of North America, General Motors, and Jaguar Land Rover also announced smaller recalls.
To deliver the driving experience V-Series buyers expect, Cadillac engineers have equipped the new 2016 ATS-V with a twin-turbocharged, 3.6-liter V-6 engine that produces 455 horsepower and 445 lb.-ft. of torque.