US 2016 Auto Sales Set Record for Seventh Straight Year
Auto Sales Set Record for Seventh Straight Year
Washington - QNA
The US auto market got a boost from brisk sales in December, helping the industry set another annual record for the most new cars sold in a year, the automakers said Wednesday.
High demand for sport utility vehicles (SUVs) and pickup trucks drove up total sales for the year to 17.54 million vehicles, according to statistics compiled by the trade magazine Automotive News. It was the seventh year in a row that US car sales set a record for the number of units sold, the magazine said.
The number is an increase of 0.3 % over 2015, which set the previous record. The number of cars sold in December was up 3 % to 1.69 million. The results, driven by low petrol prices across the country and low interest rates, were better than analysts' expectations.
General Motors, the largest US carmaker, saw its sales in December rise 10 % over the same month last year. Ford, the second-largest US carmaker, saw its sales increase 0.1 %. Nissan and Honda set new US sales records for December last month.
GMT 09:54 2018 Tuesday ,23 January
Davos-bound bosses very upbeat on world economyGMT 09:37 2018 Tuesday ,23 January
Former KPMG executives charged in accounting oversight scamGMT 22:49 2018 Sunday ,21 January
Brexit special trade agreement possibleGMT 22:46 2018 Saturday ,20 January
China economy rebounds in 2017 with 6.9% growthGMT 22:37 2018 Saturday ,20 January
GE takes one-off hit of $6.2 bn linked to insurance activitiesGMT 19:58 2018 Saturday ,20 January
Watchmakers hope to make Chinese market tickGMT 19:54 2018 Saturday ,20 January
US shutdown unlikely to harm debt rating: FitchGMT 19:50 2018 Saturday ,20 January
EU's Moscovici slams Ireland, Netherlands as tax 'black holes'
With Job Cuts, China Deal
France's Carrefour revamps operations
Paris - Emiratesvoice
France's Carrefour group said Tuesday it is overhauling its business in a transformation plan involving thousands of job cuts, a product revamp and new partnerships in China. Carrefour, which was the world'sTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Emiratesvoice
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onIn Olympic Spotlight
'Friendly and kind' N. Korean skaters
Taipei - Emiratesvoice
North Korea's figure skaters Ryom Tai-Ok and Kim Ju-Sik are "friendly and kind and a little bit shy", South Korea's Kim Kyueun said Tuesday ahead of their hugely anticipated Olympic appearance. The skater is competing with her partner Alex Kam in theFor $11.6 Bn
Sanofi buys US haemophilia treatment
Paris - Emiratesvoice
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances its presence in specialtyParis show pays homage
to 'eternal style' of late Alaia
Paris - Emiratesvoice
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opens Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led
GMT 11:03 2018 Tuesday ,23 January
No end to eyesores at Taj Mahal
GMT 10:31 2014 Tuesday ,23 December
Mirages of failure: Lebanon cannot wait
GMT 11:28 2017 Monday ,27 November
Pakistani Justice Minister resigns to defuse the crisisGMT 00:29 2012 Thursday ,12 January
Chalet Girl
GMT 09:54 2018 Wednesday ,24 January
'Friendly and kind' N. Korean skaters
GMT 23:48 2017 Friday ,28 July
Japan Core Consumer Prices Up 0.4 Pct in JuneGMT 15:59 2011 Saturday ,19 November
Actress\'s death 30 years ago to be re-examined
GMT 18:00 2017 Thursday ,09 March
Sisi approves Japanese loan to fund Borg el Arab airport expansion
GMT 07:12 2017 Wednesday ,22 February
340 die at sea in attempt to reach European shores this year
GMT 04:21 2015 Tuesday ,24 March
Egypt chooses cooperation regarding Nile River
GMT 12:08 2017 Thursday ,23 February
Manchester City’s Leroy Sane upbeat coming off Champions League win: ‘Hopefully there’s more to come’
GMT 23:53 2017 Thursday ,12 October
Dozens of mercenaries killed, wounded in Taiz
GMT 14:10 2017 Monday ,22 May
Emir Sends Cable of Congratulations to Iranian PresidentGMT 01:09 2012 Thursday ,24 May
17 tips for healthy hair and skinGMT 13:53 2011 Friday ,18 November
Climate impact risk set to increase
GMT 12:49 2017 Thursday ,26 January
RBS hikes charges for US mis-selling claimsGMT 13:52 2011 Wednesday ,24 August
Amaan, Ayaan album presents a mix of east and west
GMT 23:01 2017 Tuesday ,17 October
Fire at carpentry workshop in Saudi capital
GMT 11:40 2016 Wednesday ,26 October
Toyota recalling nearly 6m more Takata airbags
GMT 00:27 2016 Tuesday ,20 September
South Korea to Give Incentives for Energy Storage System
GMT 11:59 2017 Thursday ,09 February
Total confident despite volatile oil prices
GMT 10:15 2015 Wednesday ,10 June
America and the Middle East complex
GMT 20:35 2017 Monday ,09 October
India's women's cricket captain Mithali
GMT 10:20 2017 Friday ,24 February
Royal Bank of Scotland annual net loss widens to £7bn
GMT 12:45 2017 Tuesday ,21 March
Al-Jaz Affirms Firmness of Sudan-China Relations
GMT 12:58 2017 Saturday ,25 February
Nominees in main Oscars categories
GMT 19:40 2016 Thursday ,21 July
Kuwaiti Oil Price Up 3 Cents to USD 41
GMT 06:02 2017 Saturday ,21 October
Kuwait Amir commends Speaker on fiery pro-Palestinian
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor