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Through November, GM’s commercial fleet sales rose 13.5 percent compared with a 5.1 percent increase at Ford louis philippe cufflinks price uk online. U.S. auto retail sales are forecast to fall over the next two years. But commercial fleet sales should rise, partly because of tax write-offs in the 2017 U.S. federal tax overhaul. “If retail sales come down, your factories are still humming .. if you’re selling to commercial fleets,” said Zohaib Rahim, Cox Automotive’s economic and industry insights manager..
GM’s decision to re-enter the medium-duty truck segment was driven by commercial customers that seek several types of vehicle in package deals. “If I want a medium-duty truck I end up going to Ford and the chances are I’ll also buy my pickup truck from Ford instead of GM,” said Kenny Vieth, president of sales forecasting firm ACT Research. “Dealers desperately need these trucks to go after industries we haven’t been able to go to with existing product,” said John Schwegman, GM’s commercial product director louis philippe cufflinks price uk online.
FRANKFURT (Reuters) – Volkswagen’s (VOWG_p.DE) premium auto brand Audi said on Tuesday it would invest 14 billion euros ($15.9 billion) through 2023 in electric mobility, digitalization and autonomous driving louis philippe cufflinks price uk online. Overall, the company’s total projected expenditure for the next five years amounts to 40 billion euros, the company said in a statement. It also plans restructuring measures that will generate 1 billion in earnings uplift already in 2018. “This planning round bears a clear signature: We are taking a very systematic approach to electric mobility and will be much more focused in future,” said Audi’s interim management board chairman Bram Schot..
TOKYO (Reuters) – Global sales of Nissan Motor Co Ltd’s (7201.T) Infiniti rose 6 percent in November from a year earlier, as the premium brand weathered a deepening market slowdown in China to post strong growth, showed an Infiniti statement seen by Reuters. Infiniti said total volume set a November record of 22,126 vehicles. Of that, it sold 14,086 cars in the United States, up 8 percent on year, and 5,009 cars in China, a rise of 9 percent louis philippe cufflinks price uk online. That took its year-to-date volume to 207,188 vehicles, down 6 percent from the same period a year earlier. The brand attributed that decline to the slow pace of a production increase of its redesigned QX50 sport-utility vehicle..
PARIS/JAKARTA (Reuters) – Indonesia’s Lion Air is reviewing airplane purchases from Boeing Co and has not ruled out cancelling orders as relations worsen in a spat over responsibility for a 737 jetliner crash that killed 189 people in late October, sources told Reuters. Group co-founder Rusdi Kirana is furious over what he sees as attempts by Boeing to deflect attention from recent design changes and blame Lion Air for the crash, while the airline faces scrutiny over its maintenance record and pilots’ actions, said the people, who have knowledge of the matter louis philippe cufflinks price uk online.