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Top Auto News Roundup

Some new cars still include defective Takata airbags. Toyota, Fiat, Volkswagen, and Mitsubishi are still selling new vehicles with defective airbags...

Top Auto News Roundup
Some new cars still include defective Takata airbags

report Reuters

  • Toyota, Fiat, Volkswagen, and Mitsubishi are still selling new vehicles with defective airbags
  • Vehicles that need to be recalled include: 2016-2017 Mitsubishi i-MiEV, 2016 Volkswagen CC, 2016 Audi TT, and 2017 Audi R8
  • Toyota expects to produce 175,000 vehicles with the defective inflators between March 2016 - July 2017
  • Takata inflators can explode with excessive force and spray metal shrapnel into passenger compartments - they are suspected in 13 deaths worldwide and more than 100 injuries
Record Jeep volume, minivans keep FCA streak alive

Automotive News

  • Jeep volume and minivans helped Fiat Chrysler gain 1.1% in May despite 2 few selling days - this continued their streak of 74 months of consecutive gains
  • Jeep sold over 90,000 vehicles for the first time in its 75-year history
Auto Sales Growth Sputters as Fed ponders Summer Rate Increase

Bloomberg

  • General Motors, Ford Motors, and Toyota reported lower sales than analysts predicted, while Nissan matched and Fiat Chrysler surprised forecasters with a 1.1% gain
  • Sales are still at high levels, but it looks like the underlying strength has softened
  • Sales at Ford & Lincoln declined 25% on terrible sales of the Taurus, F-series sales rose 9%
  • VW sales fell 17%, the seventh monthly decline as they try to recover from the diesel-emissions test scandal
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