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Rental fleets' cancellations drag down otherwise promising U.S. vehicle sales

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The collapse of air travel has pushed big car rental companies to cancel orders for new vehicles, punching a hole in sales for nearly a dozen U.S. automakers' including the Big Three in Detroit. Hyundai Motor Co's U.S. sales arm said Tuesday that its sales to fleets, including rental companies, fell by 79% in May, while retail sales grew by 5%. Automakers could lose up to 12% of their annual U.S. vehicle sales in 2020 as car rental companies slammed by the coronavirus pandemic slash fleets and

Continue reading Rental fleets' cancellations drag down otherwise promising U.S. vehicle sales

Rental fleets' cancellations drag down otherwise promising U.S. vehicle sales originally appeared on Autoblog on Tue, 2 Jun 2020 20:12:00 EDT. Please see our terms for use of feeds.

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2021 Toyota Corolla Hatch Special Edition: Boring Name, Hot Paint

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The current Toyota Corolla hasn’t been with us for very long. The aggressive-looking five-door hatchback model first made its debut in the middle of 2018, and has since been joined by a similarly wide-mouthed four-door sedan variant. Despite its relative youth and visual edge, Toyota has decided to make the new Corolla a little spicier […]

The post 2021 Toyota Corolla Hatch Special Edition: Boring Name, Hot Paint appeared first on MotorTrend.

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Junior's Auto Repairs

Faraday Future

The EV startup burned through $800 million by the middle of 2018 and was seeking an installment of $700 million from Evergrande as operating cash for the remainder of the year, which was expected to see the start of production for the FF 91. Evergrande allegedly refused to provide the $700 million, which triggered the arbitration that is being conducted in Hong Kong.....

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Junior's Auto Repairs

Tesla Model 3 Performance Test Drive Review

Eric Strait took his new Model 3 Performance out early on and used his VBOX to record results around the 3.3-second mark. However, that was during a first run and the car didn’t have a full charge....

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Junior's Auto Repairs

MSO Introduces McLaren 720S Pacific and Track Themes

McLaren Special Operations has cooked up more special editions of the 720S. The automaker announced it has delivered the first 720S vehicles to wear the Track Theme and Pacific Theme designations.

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