Tag Archives: U.S:

Mahindra eyes U.S. auto market after plant opening

 Indian automaker Mahindra’s new assembly plant in Auburn Hills, the first from a global automaker in the Detroit area in 25 years, could be a preview of the future for the Mumbai-based company. The 150,000-square-foot manufacturing facility in a corporate park off I-75 will produce Mahindra Automotive North America’s latest off-highway utility vehicle, the Roxor. The vehicle, which remained under ... Read More »

Used-Car ‘Time Bomb’ Expected to Drag on U.S. Auto Sales

It’s going to be tough to beat last year’s record U.S. sales of 17.55 million cars and trucks, according to a new study released Wednesday by AlixPartners. The consultancy expects a total of more than 1 million vehicles to come off lease last year and this year, creating a “used-car time bomb” that drags on demand for new autos. For the ... Read More »

Used Car Sales Going Strong in U.S: Analysts

While new car sales have slipped from 2016, robust demand for used vehicles means US car dealerships will still see strong sales this year, industry analysts said Wednesday. Jonathan Smoke, the chief economist for Cox Automotive, said the data already indicate the shift to more used vehicles is well underway.  “Dealers are selling more vehicles but the mix is changing ... Read More »