William Maley

Mercedes-Benz USA Reports April Sales of 26,932 May 2, 2017 – ATLANTA Mercedes-Benz USA (MBUSA) today reported April sales volume at 26,932 units, decreasing 7.9% from the 29,236 vehicles sold during the same month last year. On a year-to-date basis, Mercedes-Benz retails totaled 106,073 units, increasing 1.0% from the previous year, which was a record for MBUSA. Adding 2,193 units for Vans and 365 units for smart, MBUSA achieved a grand total of 29,490 vehicles for the month, down 8.7% from last year, and up 0.5% year-to-date (117,125). "While we're outpacing last year, we saw some challenges in April due to limits on availability of some of our most popular model lines (GLC, CLA and GLA) during model changeover," said Dietmar Exler, president and CEO of MBUSA. "That said, we are looking for another record year." Mercedes-Benz volume leaders in April included the C-Class, GLE and E-Class (including the CLS) model lines. The C-Class took the lead at 7,821, followed by the GLE sales of 4,468. The E-Class rounded out the top three with 4,059 units sold. Mercedes-AMG high-performance models sold 3,130 units in April, with a total of 11,469 units sold year-to-date (up 48.3%). Separately, Mercedes-Benz Certified Pre-Owned (MBCPO) models recorded sales of 9,874 vehicles in April, a decrease of -1.8% when compared to the same month last year (10,054). On a year-to-date basis, MBCPO sold 40,352 vehicles, and increase of 2.5% over 2016 (39,357).

Strong Impreza Sales Helps Propel Subaru To Record April Record April - monthly sales increase 4 percent over April 2016 65 consecutive months of yearly month-over-month growth Best April ever for Outback, Forester and Impreza 38 consecutive months of more than 10,000 Outbacks sold 45 consecutive months of more than 10,000 Foresters sold Cherry Hill, N.J. - Subaru of America, Inc. today reported 52,368 vehicle sales for April 2017, a 4 percent increase over April 2016, and the best April in the history of the company. The automaker also reported year-to-date sales of 196,618 vehicles, a 7.6 percent gain over the same period in 2016. April marked the 38th consecutive month of 40,000+ vehicle sales for the company. Outback, Forester and Impreza sales were notably strong as each model achieved its best April ever. Impreza sales for April 2017 increased 66.2 percent over the same month in 2016 and marked the second time that Impreza has topped 8,000 units in a month. “With positive press reaction to the all-new Impreza and upcoming Crosstrek models, we expect even stronger demand as we enter the summer months,” said Thomas J. Doll, president and chief operating officer, Subaru of America, Inc. “2017 looks set to be our tenth year of consecutive sales growth, with more new product to come.” “Despite a more competitive market, we’re proud of our retailer’s ability to increase sales volume and market share,” said Jeff Walters, senior vice president of sales. “We are well positioned for continued success with our crossover models, as well as record sales volume from the all-new Impreza.” Carline Apr-17 Apr-16 % Chg Apr-17 Apr-16 % Chg MTD MTD MTD YTD YTD YTD Forester 14,761 14,490 1.9% 56,237 52,917 6.3% Impreza 8,038 4,836 66.2% 26,622 18,843 41.3% WRX/STI 3,039 3,096 -1.8% 10,729 10,549 1.7% Legacy 4,399 5,591 -21.3% 17,102 20,069 -14.8% Outback 14,469 14,294 1.2% 57,041 51,565 10.6% BRZ 444 466 -4.7% 1,431 1,677 -14.7% Crosstrek 7,218 7,607 -5.1% 27,456 27,157 1.1% TOTAL 52,368 50,380 4.0% 196,618 182,777 7.6%

Kia Motors America Announces April Sales Forte Compact Cars Lead Sales with Best-Ever Monthly Performance IRVINE, Calif., May 2, 2017 /PRNewswire/ -- Kia Motors America today announced April sales of 53,358 units, led by the Forte nameplate with 10,496 units sold, the highest monthly sales total in company history for the family of compact cars. MONTH OF APRIL YEAR-TO-DATE Model 2017 2016 2017 2016 Rio 1,463 2,523 4,535 7,889 Forte 10,496 9,740 35,558 33,662 Optima 10,731 11,224 37,676 40,992 Cadenza 500 533 1,625 2,085 K900 39 77 147 323 Niro 2,939 N/A 7,828 N/A Sportage 5,672 7,645 21,086 25,112 Sorento 9,317 10,353 30,092 35,046 Sedona 3,019 2,896 9,437 13,127 Soul 9,182 11,517 33,102 44,593 Total 53,358 56,508 181,086 202,829

BMW Group U.S. Reports April 2017 Sales BMW brand sales decrease 9.3 percent MINI brand sales decrease 27.4 percent Woodcliff Lake, NJ – May 2, 2017… Sales of BMW brand vehicles decreased 9.3 percent in April for a total of 22,624 compared to 24,951 vehicles sold in April, 2016. Year-to-date, the BMW brand is down 1.3 percent in the U.S. on sales of 94,306 vehicles compared to 95,564 sold in the first four months of 2016. "For BMW, tight supply of key models had a strong effect in April" said Bernhard Kuhnt, President and CEO, BMW of North America. "Our very popular new 5 Series is still ramping up production as the latest variants are making their way to our dealerships. Our Sports Activity Vehicles are still in high demand with the X1 and X3 turning in good results.” Notable vehicle sales in April include the BMW X3 which increased 32.3 percent to 3,204 vehicles, the BMW X1 which increased 29.4 percent to 1,872 vehicles, and BMW 7 Series which increased 14.0 percent to 994 cars. BMW Group Sales In total, the BMW Group in the U.S. (BMW and MINI combined) reported April sales of 26,105 vehicles, a decrease of 12.2 percent from the 29,747 vehicles sold in the same month a year ago. Year-to-date, BMW Group sales are down 2.8 percent on sales of 108,038 vehicles in the first four months of 2017 compared to 111,199 in the same period in 2016. MINI Brand Sales For April, MINI USA reported 3,481 automobiles sold, a decrease of 27.4 percent from the 4,796 sold in the same month a year ago. Year-to-date, MINI USA reported a total of 13,732 automobiles sold, a decrease of 12.2 percent from 15,635 automobiles sold in the first four months of 2016.

American Honda Reports April Sales with Record for Honda Trucks May 2, 2017 - TORRANCE, Calif. Honda Division sales up 1.2 percent for first four months of 2017 CR-V posts fifth straight record month, up 26.6 percent for the year HR-V sets new April record, up 25.5 percent for the year Civic and Accord sales remain strong with retail customers Acura TLX sales jump 39.1 percent in April American Honda Motor Co., Inc. today reported April sales of 138,386 Honda and Acura vehicles, a decrease of 7.0 percent from year-ago results. The Honda Division saw a decrease of 6.3 percent on sales of 124,254 vehicles, while Honda trucks were up year-over-year, posting a 1.2 percent gain on sales of 61,114 units. Acura Division sales of 14,132 cars and SUVs were up from last month and were led by the TLX sedan with a 39.1 percent jump in April versus year-ago results. Honda With strong truck sales and sustained, steady demand for cars continuing in April, Honda Division sales grew 1.2 percent for the first four months of 2017. The Honda CR-V and HR-V continued their record-setting ways, both posting record April sales, as the Ridgeline pickup also posted solid April results of 3,186 units, and Pilot continued to experience strong demand in the face of constrained supplies. Despite the market shift toward SUVs, Honda saw continued strong retail demand for cars, with Fit recording sales of 4,871 units, Accord posting sales of 26,938 units, and Civic again topping the 31,000 mark, with virtually all sales coming from individual, retail car buyers. Honda trucks had a best-ever April, gaining 1.2 percent on sales of 61,114 units CR-V led truck gains with an April record of 32,671 vehicles, up 13 percent HR-V set a new April record, rising 22.4 percent on sales of 8,527 Ridgeline sales surpassed 3,100 units in April With another strong sales month of 31,211 units, Civic was easily the best-selling passenger car in America on a retail basis for the first four months of 2017 Clarity Fuel Cell posted 34 sales for the month, pushing total deliveries to 126 units "While there seems no end in sight to consumers' love affair with trucks and SUVs, we continue to keep a focus on passenger cars to maintain a balanced sales mix in the retail marketplace," said Jeff Conrad, senior vice president of the American Honda Automobile Division. "Our efforts to build more Honda light trucks at our plants in North America are paying dividends with sales records for both CR-V and HR-V." Acura Acura division sales of 14,132 units were led by TLX, which posted its best month since October 2015 on sales of 5,258 units, up 39.1 percent from last April, following a strong first-quarter marketing campaign. Next month TLX will receive an additional boost with the launch of the significantly redesigned 2018 model, with three distinct variants including a new V6-powered A-Spec model, adding aggressive new styling to the performance luxury sedan. TLX recorded its best-ever April and second best month ever on sales of 5,258 units, up 39.1 percent over last year Acura light truck sales remained strong with MDX and RDX combining for sales of over 7,845 units, with the launch of the new 2017 MDX Sport Hybrid expected to boost sales in the months ahead. "We're seeing our new marketing efforts resonate with buyers with TLX posting strong sales in a tough segment," said Jon Ikeda, vice president & general manager of Acura. "With the new 2018 TLX launching next month, including the all-new A-Spec model, we look forward to broadening our appeal with performance-focused buyers."

Not this month, Ford reported a 4.2 percent drop in trucks. Only positive was in the SUV/Crossovers with a 1.2 percent increase. At this rate, I wouldn't be shocked if incentives keep piling up. Makes me wish I had a little bit more money so I could take advantage of it.

Sales of cars dropped 21.2 percent for the month.

Mazda Reports April Sales Mazda CX-5 Compact Crossover SUV Has Best-Ever April Sales IRVINE, Calif., May 2, 2017 /PRNewswire/ -- Mazda North American Operations today reported April U.S. sales of 24,164 vehicles, representing a decrease of 7.8 percent versus April of last year. With 26 selling days in April 2017 versus 27 year-over-year in 2016, the adjusted daily sales rate is down 4.2 percent. Year-to-date sales through April are up 2.6 percent versus last year, with 93,235 vehicles sold. Key April sales notes: A mix of both all-new 2017 Mazda CX-5 compact crossover SUVs and previous-generation models led to the nameplate's best April sales of all time with 11,334 sold. This represents a YOY increase of 28.4 percent during the 2017 CX-5's first full month of sales. The midsize, three-row Mazda CX-9 continues to build momentum, tallying 2,134 sales. This represents CX-9's best April since 2011 when it posted 2,750 sales. MX-5 Miata soft top and MX-5 RF retractable fastback sales continue to be strong, with 1,319 sold, a YOY increase of 21.5 percent. This represents MX-5's best April since 2008 when sales totaled 1,441 MX-5s. Total sales of Mazda's CX crossover SUV line, including the CX-3, CX-5 and CX-9, were up 40.5 percent YOY with 14,615 vehicles sold in the month of April. When making purchase decisions regarding crossover SUVs, a majority of Mazda customers continue to choose the AWD option, with 62.1 percent of CX-line vehicles sold in April being equipped with predictive i-ACTIV All-Wheel Drive. Month-To-Date Year-To-Date April April % % MTD April April % % YTD 2017 2016 Change DSR 2017 2016 Change DSR Mazda2 - 3 (100.0)% (100.0)% - 3 (100.0)% (100.0)% Mazda3 5,980 10,722 (44.2)% (42.1)% 26,586 32,855 (19.1)% (19.9)% Mazda5 1 54 (98.1)% (98.1)% 6 259 (97.7)% (97.7)% Mazda6 2,249 3,929 (42.8)% (40.6)% 12,941 14,212 (8.9)% (9.8)% MX-5 Miata 1,319 1,086 21.5% 26.1% 4,701 3,495 34.5% 33.2% CX-3 1,147 1,504 (23.7)% (20.8)% 4,861 6,421 (24.3)% (25.0)% CX-5 11,334 8,826 28.4% 33.4% 35,708 32,433 10.1% 9.0% CX-9 2,134 71 2905.6% 3021.2% 8,432 1,161 626.3% 619.1% Total Vehicles CARS 9,549 15,794 (39.5)% (37.2)% 44,234 50,824 (13.0)% (13.8)% TRUCKS 14,615 10,401 40.5% 45.9% 49,001 40,015 22.5% 21.2% TOTAL 24,164 26,195 (7.8)% (4.2)% 93,235 90,838 2.6% 1.6% Selling Days 26 27 101 100

VOLKSWAGEN OF AMERICA REPORTS APRIL 2017 SALES RESULTS April sales totaled 27,557 units, an increase of 1.6 percent over April 2016 Total Golf sales, including Golf SportWagen and Alltrack, totaled 7,187 units delivered, an increase of 40.7 percent over April 2016 Chattanooga-built Passat sales totaled 6,148 units, an increase of 9.2 percent over April 2016 Herndon, VA — (May 2, 2017) Volkswagen of America, Inc. (VWoA) today reported sales of 27,557 units delivered in April 2017, a 1.6 percent increase over April 2016. With 96,426 units delivered year-to-date in April, the company is reporting an increase of 7.7 percent in year-over-year sales. April 2017 Sales April 17 April 16 Yr/Yr% change April 17 YTD April 16 YTD Yr/Yr% change Golf 1,249 1,104 13.1% 4,591 4,046 13.5% GTI 1,702 1,988 -14.4% 7,307 7,085 3.1% Golf R 367 678 -45.9% 1,828 1,851 -1.2% e-Golf 307 326 -5.8% 1,274 938 35.8% Golf SportWagen 3,562 1,012 252.0% 10,164 3,321 206.1% Total Golf Family 7,187 5,108 40.7% 25,164 17,241 46.0% Jetta Sedan 9,398 10,694 -12.1% 33,961 38,716 -12.3% Jetta SportWagen (now Golf SportWagen) N/A N/A N/A N/A 1 -100.0% Total Jetta 9,398 10,694 -12.1% 33,961 38,717 -12.3% Beetle Coupe 732 480 52.5% 3,096 2,483 24.7% Beetle Convertible 765 691 10.7% 2,309 2,007 15.0% Total Beetle 1,497 1,171 27.8% 5,405 4,490 20.4% Eos* N/A 39 -100.0% N/A 381 -100.0% Passat 6,148 5,629 9.2% 24,415 19,692 24.0% CC 150 230 -34.8% 712 1,221 -41.7% Tiguan 2,939 3,804 -22.7% 13,150 13,096 0.4% Touareg 238 437 -45.5% 1,040 1,588 -34.5% TOTAL 27,557 27,112 1.64% 103,847 96,426 7.70% *Eos production ended in July 2015

Nissan Group reports April 2017 U.S. sales NASHVILLE, Tenn. – Nissan Group today announced total U.S. sales for April 2017 of 121,998 units, a decrease of 1.5 percent over the prior year. Nissan highlights: Nissan Division finished April with 111,201 sales, down 2 percent. Overall sales of Nissan crossovers, trucks and SUVs set an April record, up 11 percent. Sales of the Rogue crossover set an April record with sales 27,386, up 18 percent. Nissan Titan sales increased 299 percent to 4,033. Nissan Armada sales climbed to 2,007, up 135 percent. NISSAN DIVISION APRIL APRIL Monthly CYTD CYTD CYTD 2017 2016 % chg 2017 2016 % chg Nissan Division Total 111,201 113,429 -2.0 484,531 480,973 0.7 Versa 8,322 9,165 -9.2 39,397 45,664 -13.7 Sentra 20,255 19,145 5.8 71,669 82,089 -12.7 Cube 0 1 -100.0 0 14 -100.0 Altima 20,263 28,484 -28.9 94,248 113,816 -17.2 Maxima 5,564 4,573 21.7 21,161 20,798 1.7 LEAF 1,063 787 35.1 4,350 3,718 17.0 Juke 986 1,890 -47.8 5,074 7,761 -34.6 370Z 389 489 -20.4 1,637 1,833 -10.7 GT-R 51 46 10.9 246 208 18.3 Total Car 56,893 64,580 -11.9 237,782 275,901 -13.8 Frontier 6,347 7,509 -15.5 21,913 28,904 -24.2 Titan 4,033 1,010 299.3 15,328 4,281 258.0 Xterra 0 2 -100.0 1 30 -96.7 Pathfinder 5,712 5,633 1.4 32,432 28,041 15.7 Armada 2,007 855 134.7 9,298 3,703 151.1 Rogue 27,386 23,173 18.2 128,807 92,209 39.7 Murano 5,504 6,232 -11.7 22,753 27,850 -18.3 Quest 165 1,099 -85.0 4,035 6,849 -41.1 NV 1,457 1,596 -8.7 5,990 6,113 -2.0 NV200 1,697 1,740 -2.5 6,192 7,092 -13 Total Truck 54,308 48,849 11.2 246,749 205,072 20.3 INFINITI APRIL APRIL Monthly CYTD CYTD CYTD 2017 2016 % chg 2017 2016 % chg Infiniti Total 10,797 10,432 3.5 54,358 43,092 26.1 Infiniti Q40 0 4 -100.0 0 52 -100.0 Infiniti Q50 2,559 3,670 -30.3 13,009 15,538 -16.3 Infiniti Q60 744 94 691.5 4,115 503 718.1 Infiniti Q70 443 547 -19.0 2,405 2,110 14.0 Infiniti QX30 1,208 0 0.0 7,740 0 0.0 Infiniti QX50 1,197 1,401 -14.6 5,515 5,303 4.0 Infiniti QX60 2,804 3,311 -15.3 11,472 12,318 -6.9 Infiniti QX70 506 364 39.0 3,411 2,173 57.0 Infiniti QX80 1,336 1,041 28.3 6,691 5,095 31.3 Total Car 3,746 4,315 -13.2 19,529 18,203 7.3 Total Truck 7,051 6,117 15.3 34,829 24,889 39.9 NISSAN GROUP APRIL APRIL Monthly CYTD CYTD CYTD 2017 2016 % chg 2017 2016 % chg TOTAL VEHICLE 121,998 123,861 -1.5 538,889 524,065 2.8 Total Car 60,639 68,895 -12.0 257,311 294,104 -12.5 Total Truck 61,359 54,966 11.6 281,578 229,961 22.4 Selling days 26 27 101 102 # # #

Toyota Motor North America Reports April 2017 Sales TMNA and Toyota division set April sales record in light trucks Toyota division SUVs up nearly 9 percent Lexus NX sees new best-ever April PLANO, Texas, May 2, 2017 /PRNewswire/ -- Toyota Motor North America (TMNA) Inc., today reported its U.S. April 2017 sales of 201,926 units, a decrease of 4.4 percent from April 2016 on a volume basis. With one less selling day in April 2017 compared to April 2016, sales were down 0.7 percent on a daily selling rate (DSR) basis. Toyota division posted April 2017 sales of 179,810 units, down 3.5 percent on a volume basis, but up 0.3 percent on a DSR basis. "The industry's appetite for SUV and light truck sales remains strong," said Jack Hollis, group vice president and general manager of Toyota division. "Toyota continues to progress in aligning our mix with the industry, as seen by the exemplary month for our SUVs with Highlander, RAV4 and 4Runner all scoring an April best ever. Also, during the month we launched the C-HR subcompact SUV crossover, and we're already hearing positive feedback on its performance and style." Lexus posted sales of 22,116 units, down 11.1 percent on a volume, and down 7.7 percent on a DSR basis. "Thanks to continued consumer interest in luxury utility vehicles and a healthy inventory, NX achieved its best April yet," said Jeff Bracken, Lexus group vice president and general manager. "Moving into May, we're excited to launch our stunning new flagship coupe, the LC 500 and LC 500h." April 2017 Highlights: Camry posts sales of 31,428 units TMNA and Toyota divisions all post new April record for light truck sales RAV4 sales rise 5.3 percent on a volume basis, up 9.4 percent on a DSR basis; a best-ever April Highlander up 19.6 on a volume basis, up 24.2 on a DSR basis; a best-ever April 4Runner up nearly 3 percent on volume; posts best-ever April C-HR launched in April NX sets new best-ever April, volume up 13.2 percent, and up 17.6 on a DSR basis *Note: Unless otherwise stated, all figures reflect unadjusted raw sales volume TOYOTA U.S. SALES SUMMARY APRIL 2017 -- CURRENT MONTH -- -- CALENDAR YEAR TO DATE -- 2017 2016 DSR % VOL % 2017 2016 DSR % VOL % TOTAL TOYOTA 201,926 211,126 -0.7 -4.4 734,537 780,206 -4.9 -5.9 TOTAL TOYOTA DIV 179,810 186,244 0.3 -3.5 650,576 681,103 -3.5 -4.5 TOTAL LEXUS 22,116 24,882 -7.7 -11.1 83,961 99,103 -14.4 -15.3 YARIS IA (INCL SCI IA) 3,479 3,023 19.5 15.1 12,314 10,432 19.2 18 YARIS LIFTBACK 1,522 1365 15.8 11.5 5,286 4,048 31.9 30.6 TOTAL YARIS 5,001 4,388 18.4 14 17,600 14,480 22.8 21.5 iQ 0 1 -100 -100 0 4 -100 -100 xD 0 1 -100 -100 0 8 -100 -100 xB 0 312 -100 -100 0 2,418 -100 -100 tC 14 1,077 -98.7 -98.7 156 3,838 -95.9 -95.9 COROLLA IM (INCL SCI IM) 1,968 1,542 32.5 27.6 7,317 5,768 28.1 26.9 COROLLA SEDAN 29,136 32,111 -5.8 -9.3 105,222 116,371 -8.7 -9.6 TOTAL COROLLA 31,104 33,653 -4 -7.6 112,539 122,139 -6.9 -7.9 86 (INCL FR-S) 639 684 -3 -6.6 2,421 2,414 1.3 0.3 MIRAI 106 41 168.5 158.5 417 138 205.2 202.2 AVALON 2,747 4,033 -29.3 -31.9 11,343 16,234 -29.4 -30.1 PRIUS 9,708 11,925 -15.5 -18.6 36,342 43,861 -16.3 -17.1 CAMRY 31,428 34,039 -4.1 -7.7 114,887 130,284 -10.9 -11.8 TOTAL TOYOTA DIV. CAR 80,747 90,154 -7 -10.4 295,705 335,818 -11.1 -11.9 CT 794 577 42.9 37.6 2,486 2,933 -14.4 -15.2 IS 2,154 2,654 -15.7 -18.8 7,858 11,472 -30.8 -31.5 RC 522 813 -33.3 -35.8 2,083 3,682 -42.9 -43.4 ES 3,400 4,442 -20.5 -23.5 12,906 17,460 -25.4 -26.1 GS 597 1,001 -38.1 -40.4 2,292 4,990 -53.6 -54.1 LS 294 397 -23.1 -25.9 1,238 1,637 -23.6 -24.4 LFA 0 0 0 0 0 5 -100 -100 TOTAL LEXUS CAR 7,761 9,884 -18.5 -21.5 28,863 42,179 -30.9 -31.6 TOTAL TOYOTA CAR 88,508 100,038 -8.1 -11.5 324,568 377,997 -13.3 -14.1 SIENNA 10,242 10,795 -1.5 -5.1 36,262 45,324 -19.2 -20 C-HR 550 0 0 0 550 0 0 0 RAV4 31,757 30,152 9.4 5.3 112,290 106,274 6.7 5.7 FJ CRUISER 0 3 -100 -100 2 4 -49.5 -50 VENZA 2 57 -96.4 -96.5 11 472 -97.6 -97.7 HIGHLANDER 17,981 15,037 24.2 19.6 64,623 53,710 21.5 20.3 4RUNNER 10,428 10,135 6.8 2.9 42,084 35,706 19 17.9 SEQUOIA 948 1,172 -16 -19.1 4,385 4,177 6 5 LAND CRUISER 237 374 -34.2 -36.6 1,033 1,142 -8.6 -9.5 TOTAL TOYOTA DIV. SUV 61,903 56,930 12.9 8.7 224,978 201,485 12.8 11.7 TACOMA 17,006 18,106 -2.5 -6.1 60,499 62,682 -2.5 -3.5 TUNDRA 9,912 10,259 0.3 -3.4 33,132 35,794 -6.5 -7.4 TOTAL TOYOTA DIV. PICKUP 26,918 28,365 -1.5 -5.1 93,631 98,476 -4 -4.9 TOTAL TOYOTA DIV. TRUCK 99,063 96,090 7.1 3.1 354,871 345,285 3.8 2.8 NX 4,320 3,815 17.6 13.2 16,417 15,190 9.1 8.1 RX 7,839 8,767 -7.1 -10.6 29,480 32,563 -8.6 -9.5 GX 1,792 1,974 -5.7 -9.2 7,306 7,193 2.6 1.6 LX 404 442 -5.1 -8.6 1,895 1,978 -3.2 -4.2 TOTAL LEXUS TRUCK 14,355 14,998 -0.6 -4.3 55,098 56,924 -2.2 -3.2 TOTAL TOYOTA TRUCK 113,418 111,088 6 2.1 409,969 402,209 2.9 1.9 Selling Days 26 27 101 102 DSR = Daily Selling Rate

FCA US Reports April 2017 Sales Ram Truck brand sales up 5 percent; pickup sales increase 8 percent versus same month a year ago Jeep® Grand Cherokee sales up 6 percent, compared with same month a year ago Three Dodge brand vehicles post sales gains; Dodge Journey crossover sales up 72 percent All-new Chrysler Pacifica minivan sales up year over year and best sales month so far this year May 2, 2017 , Auburn Hills, Mich. - FCA US today reported sales of 177,441 units, a 7 percent decrease compared with sales in April 2016 (190,071 units), which now include Maserati brand sales. In April, fleet sales of 30,650 units were down 21 percent year over year as FCA US continues its strategy of reducing sales to the daily rental segment. Fleet sales represented 17 percent of total sales in April. Retail sales of 146,791 units were down 3 percent for the month, and represented 83 percent of total April sales. Ram Truck brand sales were up 5 percent year over year in April, compared with the same month a year ago. The increase was driven by an 8 percent increase in Ram pickup truck sales. Three Dodge brand vehicles posted sales gains, led by the Dodge Journey crossover’s 72 percent year-over-year increase. The Jeep Grand Cherokee posted a 6 percent sales gain in April. Sales of the all-new Chrysler Pacifica minivan – the most awarded minivan of 2016 and 2017 – increased year over year in April, versus the same month a year ago and turned in its best sales month so far this year. Ram Truck Brand Ram pickup truck sales increased 8 percent in April, compared with the same month a year ago. Ram Truck brand sales – which also include the Ram ProMaster and Ram ProMaster City vans – were up 5 percent for the month. The Fast Lane Truck (TFLtruck) in April honored the 2017 Ram 3500 with a Gold Hitch award for the heavy-duty segment. The 6.7-liter Cummins diesel-powered Ram 3500 Heavy Duty took top honors for outstanding pulling power, braking, fuel economy, comfort and handling under extreme towing conditions. Jeep® Brand Jeep Grand Cherokee sales were up 6 percent in April, compared with the same month a year ago. The brand’s total sales for the month were down as the brand launches the all-new 2017 Jeep Compass and continues to reduce its fleet sales volume to the daily rental segment. The all-new Compass is now arriving in Jeep dealerships in greater numbers. The new Compass is the only compact SUV to offer a nine-speed automatic transmission, and is standard on all Compass 4x4 models. The Jeep brand unveiled the 2018 Jeep Grand Cherokee Trackhawk at the New York International Auto Show in April. The Grand Cherokee Trackhawk is the most powerful and quickest SUV ever. Powering the Trackhawk is a supercharged 6.2-liter V-8 engine delivering 707 horsepower and 645 lb.-ft. of torque. Built in Detroit at the Jefferson North Assembly Plant, the Trackhawk will arrive in Jeep showrooms in the fourth quarter of 2017. Dodge Brand Three Dodge brand vehicles posted year-over-year sales increases in April, led by the Dodge Journey crossover’s 72 percent sales gain. Sales of the Dodge Challenger coupe were up 5 percent, while Dodge Durango full-size SUV sales increased 17 percent in April, compared with the same month a year ago. The 2018 Dodge Challenger SRT Demon – the World’s Fastest 0-60 Production Car and the Dodge brand’s new ultimate performance halo – was unveiled in April during the 2017 New York International Auto Show. The limited-production Challenger SRT Demon is powered by an 840-horsepower, supercharged 6.2-liter HEMI® Demon V-8, the world’s most powerful factory-production V-8 engine. Chrysler Brand The all-new 2017 Chrysler Pacifica – the most awarded minivan of 2016 and 2017 – posted its best sales month so far this year in April. Pacifica sales were up year over year, and increased 12 percent compared with sales in the previous month of March. In addition, the all-new Chrysler Pacific Hybrid minivan began shipping to Chrysler dealerships last month. The Pacifica continues to accrue awards and accolades in 2017, including the 2017 Crossover-SUV of the Year by the Rocky Mountain Automotive Press (RMAP), the best minivan in Popular Mechanics’ annual Automotive Excellence Awards, and the best minivan of 2017 by the New York Daily News Autos team in the newspaper’s second annual Auto Awards. FIAT Brand Fiat 124 Spider sales were up 11 percent compared with the previous month of March. April was the 124 Spider’s best sales month so far this year. The 124 Spider was named Best Sports Car for the Money by U.S. News & World Report. Alfa Romeo Brand Alfa Romeo brand sales of 677 units increased 1,047 percent compared with the same month a year ago. Maserati Brand Maserati brand sales of 1,265 units were up 19 percent versus the same month in 2016. U.S. Sales Summary April 2017 Month Sales Vol % CYTD Sales Vol % Model Curr Yr Pr Yr Change Curr Yr Pr Yr Change Compass 3,520 9,129 -61% 12,072 32,116 -62% Patriot 4,939 10,404 -53% 21,119 39,615 -47% Wrangler 18,841 18,840 0% 60,152 60,762 -1% Cherokee 14,083 16,966 -17% 54,838 65,404 -16% Grand Cherokee 18,877 17,768 6% 75,477 65,426 15% Renegade 8,619 9,430 -9% 33,964 31,584 8% JEEP BRAND 68,879 82,537 -17% 257,622 294,907 -13% 200 2,857 6,203 -54% 9,477 22,118 -57% 300 3,948 5,317 -26% 19,011 22,458 -15% Town & Country 77 6,029 -99% 418 43,257 -99% Pacifica 10,427 342 New 35,479 482 New CHRYSLER BRAND 17,309 17,891 -3% 64,385 88,315 -27% Dart 1,286 4,356 -70% 5,944 20,597 -71% Charger 6,937 7,228 -4% 29,256 33,573 -13% Challenger 6,591 6,303 5% 22,316 22,431 -1% Viper 56 61 -8% 234 198 18% Journey 8,401 4,882 72% 42,801 28,774 49% Caravan 9,817 12,239 -20% 49,871 50,296 -1% Durango 6,357 5,411 17% 23,086 25,504 -9% DODGE BRAND 39,445 40,488 -3% 173,508 181,404 -4% Ram P/U 43,321 40,264 8% 162,520 153,562 6% ProMaster Van 2,701 2,819 -4% 12,748 11,121 15% ProMaster City 1,305 1,833 -29% 4,638 6,384 -27% RAM BRAND 47,327 44,932 5% 179,906 171,086 5% 500 1,201 1,504 -20% 5,221 5,099 2% 500L 115 466 -75% 399 1,728 -77% 500X 758 1,128 -33% 2,724 4,386 -38% Spider 465 0 New 1,426 0 New FIAT BRAND 2,539 3,098 -18% 9,770 11,213 -13% Mainstream Brands 175,499 188,946 -7% 685,191 746,925 -8% Giulia 634 0 New 1,600 0 New Alfa 4C 43 59 -27% 183 217 -16% ALFA ROMEO 677 59 1047% 1,783 217 722% MASERATI 1,265 1,066 19% 4,553 3,316 37% Premium Brands 1,942 1,125 73% 6,336 3,533 79% FCA U.S. Market 177,441 190,071 -7% 691,527 750,458 -8% FCA US LLC 176,176 189,005 -7% 686,974 747,142 -8% MASERATI 1,265 1,066 19% 4,553 3,316 37% [1] The Maserati Brand is distributed in the United States by Maserati North America, Inc., an indirect wholly owned subsidiary of Fiat Chrysler Automobiles N.V. All other brands listed in this release are distributed by FCA US LLC.

GM Crossover Sales Surge Driving Retail Share Higher Daily rental deliveries down 20 percent per plan DETROIT — General Motors (NYSE: GM) today reported April sales of 244,406 crossovers, trucks and cars, driven by exceptionally strong crossover sales at Chevrolet, Buick, GMC and Cadillac. GM expects to gain retail market share for the month, with industry volumes about equal to a year ago, adjusted for one fewer selling day. In April, Chevrolet crossovers were up 27 percent on a retail basis; Buick’s were up 48 percent; GMC’s were up 20 percent; and Cadillac’s were up 46 percent. Year to date, Chevrolet crossovers were up 24 percent on a retail basis; Buick’s were up 34 percent; GMC’s were up 15 percent; and Cadillac’s were up 23 percent. “We see crossovers becoming an even bigger part of the industry and GM sales over the next five years,” said Kurt McNeil, U.S. vice president of Sales Operations. “Just five years ago, about one in four GM sales were crossovers. Today, they account for almost one-third of our deliveries and we see more growth ahead.” During April, Chevrolet dealers delivered 4,500 all-new 2018 Equinox 1.5L compact crossovers, with a 2.0L model arriving this summer, followed by a diesel model. The all-new 2018 Traverse midsize crossover will arrive during the summer. GMC dealers will begin delivering the all-new Terrain compact crossover in late summer and Buick dealers will roll out the new Enclave midsize crossover in the fall. April Sales Overview (vs. 2016) GM’s total sales were down 6 percent. There was one fewer selling day in April year over year. Selling-day-adjusted sales are about 4 percentage points higher than reported sales. Retail sales were 191,911 units, down 4 percent. Selling-day-adjusted retail sales were essentially equal to a year ago. Fleet sales were 52,495 units, down 11 percent, or down 7 percent selling-day adjusted. Deliveries to daily rental companies were down 20 percent, as planned. GM’s fleet portfolio is well-balanced, with Commercial and Government deliveries higher than rental in the first four months of the year and Commercial and Government market share is up versus the industry. GM is on track to deliver its third consecutive year of year-over-year decline in rental volume and mix. GM’s incentive spending as a percentage of average transaction prices (ATP) was lower than domestic and many Asian competitors, which was the case throughout 2016. GM’s spending in April was 11.7 percent, according to J.D. Power PIN estimates, which was below the company’s first quarter average of 14.1 percent and March’s level of 13.6 percent. ATPs were approximately $35,000, up more than $600 per unit compared to the first quarter of 2017. As planned, GM’s inventories reflect strong sales, lower car production and strategic, launch-related growth in truck and crossover stocks. The company expects to end 2017 at essentially the same inventory levels as 2016 on a days’ supply basis, but with fewer cars and more trucks and crossovers in stock. “When you look at the broader economy, including a strong job market, rising wages, low inflation and low interest rates, and couple them to low fuel prices and strong consumer confidence, you have everything you need for auto sales to weather headwinds and remain at or near historic highs,” said Mustafa Mohatarem, GM chief economist. April Brand Highlights (vs. 2016) Chevrolet Chevrolet crossover sales set a new April and calendar year to date record for both total and retail sales. Chevrolet Bolt EV deliveries totaled 1,292 units during the month. Retail deliveries of the Trax, a vehicle that helped spark the rapid growth of the small crossover segment, were up 45 percent. It had its best April and calendar year to date sales on both a total and retail basis. Retail deliveries of the Equinox and Traverse were up 23 percent and 19 percent, respectively. The Traverse had its best April and calendar year to date sales ever on a retail basis. Cruze retail deliveries were up 24 percent and total deliveries were up 51 percent. Buick Buick had its best April retail sales in 15 years and its best April total sales since 2005. The Encore, which helped ignite the boom in small crossovers, had its best month ever in April. Its total and retail sales have now been up year over year for eight consecutive months. Envision retail sales were 3,576 units for its best month since launch. Enclave retail deliveries rose 4 percent. GMC Denali models had their best month ever. Close to one-third of all GMC deliveries were Denalis, including half of all Sierra HDs. The Acadia had its best April ever, with total deliveries up 45 percent and retail deliveries up 42 percent. The vehicle has gained a full point of retail segment share in 2017 driven by the all-new design launched last year. The Terrain was up 14 percent in total. Cadillac Cadillac retail deliveries were up 7 percent. Year to date retail deliveries of the all-new XT5 crossover were 25 percent higher than the outgoing SRX. Calendar year to date, XT5 ATPs are up more than $3,300 year over year compared to the SRX.

Jaguar Land Rover North America - Up 34.5% (8,441 Vehicles Sold This Month, 39,692 Vehicles Sold This Year) Maserati North America, Inc. - Up 19% (1,265 Vehicles Sold This Month, 4,553 Vehicles Sold This Year) Volvo Car USA, LLC - Up 15.4% (7,121 Vehicles Sold This Month, 22,530 Vehicles Sold This Year) Audi of America - Up 7.7% (18,711 Vehicles Sold This Month, 64,358 Vehicles Sold This Year) Subaru of America, Inc. - Up 4% (52,368 Vehicles Sold This Month, 196,618 Vehicles Sold This Year) Porsche Cars North America, Inc. - Up 2.2% (5,529 Vehicles Sold This Month, 18,247 Vehicles Sold This Year) Volkswagen of America - Up 1.64% (27,557 Vehicles Sold This Month, 103,847 Vehicles Sold This Year) Hyundai Motor America - Up 1.3% (63,050 Vehicles Sold This Month, 231,842 Vehicles Sold This Year) Nissan Group USA - Down 1.5% (121,998 Vehicles Sold This Month, 538,889 Vehicles Sold This Year) Toyota Motor North America - Down 4.4% (201,926 Vehicles Sold This Month, 734,537 Vehicles Sold This Year) Kia Motors America - Down 5.6% (53,358 Vehicles Sold This Month, 181,086 Vehicles Sold This Year) General Motors Co. - Down 5.8% (244,406 Vehicles Sold This Month, 933,927 Vehicles Sold This Year) American Honda Motor Co. - Down 7% (138,386 Vehicles Sold This Month, 503,679 Vehicles Sold This Year) FCA US LLC - Down 7% (176,176 Vehicles Sold This Month, 686,974 Vehicles Sold This Year) Ford Motor Company - Down 7.2% (214,695 Vehicles Sold This Month, 831,997 Vehicles Sold This Year) Mazda North American Operations - Down 7.8% (24,164 Vehicles Sold This Month, 93,235 Vehicles Sold This Year) Mercedes-Benz USA - Down 8.7% (29,490 Vehicles Sold This Month,117,125 Vehicles Sold This Year) BMW Group U.S. - Down 12.2% (26,105 Vehicles Sold This Month, 108,038 Vehicles Sold This Year) Mitsubishi Motors North America - Down 13.4% (8,375 Vehicles Sold This Month, 37,522 Vehicles Sold This Year) Brands: Acura - Down 12.8% (14,132 Vehicles Sold This Month, 48,894 Vehicles Sold This Year) Alfa Romeo - Up 1,047% (677 Vehicles Sold This Month, 1,783 Vehicles Sold This Year) Audi - Up 7.7% (18,711 Vehicles Sold This Month, 64,358 Vehicles Sold This Year) BMW - Down 9.3% (22,624 Vehicles Sold This Month, 94,306 Vehicles Sold This Year) Buick - Up 17% (20,735 Vehicles Sold This Month, 70,940 Vehicles Sold This Year) Cadillac - Up 9.5% (12,300 Vehicles Sold This Month, 46,282 Vehicles Sold This Year) Chevrolet - Down 10.4% (164,367 Vehicles Sold This Month, 636,090 Vehicles Sold This Year) Chrysler - Down 3% (17,309 Vehicles Sold This Month, 64,385 Vehicles Sold This Year) Dodge - Down 3% (39,445 Vehicles Sold This Month, 173,508 Vehicles Sold This Year) Fiat - Down 18% (2,539 Vehicles Sold This Month, 9,770 Vehicles Sold This Year) Ford - Down 7.5% (205,004 Vehicles Sold This Month, 795,223 Vehicles Sold This Year) Genesis - N/A (1,399 Vehicles Sold This Month, 6,554 Vehicles Sold This Year) GMC - Down 0.3% (47,004 Vehicles Sold This Month, 180,615 Vehicles Sold This Year) Honda - Down 6.3% (124,254 Vehicles Sold This Month, 457,785 Vehicles Sold This Year) Hyundai - Down 0.9% (61,651 Vehicles Sold This Month, 225,288 Vehicles Sold This Year) Infiniti - Up 3.5% (10,797 Vehicles Sold This Month, 54,358 Vehicles Sold This Year) Jaguar - Up 197.1% (3,230 Vehicles Sold This Month, 14,606 Vehicles Sold This Year) Jeep - Down 17% (68,879 Vehicles Sold This Month, 257,622 Vehicles Sold This Year) Kia - Down 5.6% (53,358 Vehicles Sold This Month, 181,086 Vehicles Sold This Year) Land Rover - Up 0.4% (5,211 Vehicles Sold This Month, 25,086 Vehicles Sold This Year) Lexus - Down 11.1% (22,116 Vehicles Sold This Month, 83,961 Vehicles Sold This Year) Lincoln - Down 0.9% (9,691 Vehicles Sold This Month, 36,774 Vehicles Sold This Year) Maserati - Up 19% (1,265 Vehicles Sold This Month, 4,553 Vehicles Sold This Year) Mazda - Down 7.8% (24,164 Vehicles Sold This Month, 93,235 Vehicles Sold This Year) Mercedes-Benz - Down 7.9% (26,932 Vehicles Sold This Month, 106,073 Vehicles Sold This Year) Mercedes-Benz Vans - MINI - Down 27.4% (3,481 Vehicles Sold This Month, 13,732 Vehicles Sold This Year) Mitsubishi - Down 13.4% (8,375 Vehicles Sold This Month, 37,522 Vehicles Sold This Year) Nissan - Down 2% (111,201 Vehicles Sold This Month, 484,531 Vehicles Sold This Year) Porsche - Up 2.2% (5,529 Vehicles Sold This Month, 18,247 Vehicles Sold This Year) Ram Trucks - Up 5% (47,327 Vehicles Sold This Month, 179,906 Vehicles Sold This Year) Smart - Down 21.7% (365 Vehicles Sold This Month, 1,426 Vehicles Sold This Year) Subaru - Up 4% (52,368 Vehicles Sold This Month, 196,618 Vehicles Sold This Year) Toyota - Down 3.5% (179,810 Vehicles Sold This Month, 650,576 Vehicles Sold This Year) Volkswagen - Up 1.64% (27,557 Vehicles Sold This Month, 103,847 Vehicles Sold This Year) Volvo - Up 15.4% (7,121 Vehicles Sold This Month, 22,530 Vehicles Sold This Year) View full article

Audi of America sets April sales record on strong demand across lineup Q5 SUV sales increased 26 percent to 5,028 vehicles Sales of Q7 rose 22 percent; Second-best month for flagship SUV Consumer demand for A4 sedan increased 9 percent; A5 sales up 24 percent HERNDON, Virginia, May 2, 2017 – Audi of America’s April sales increased 5 percent to 18,711 vehicles, a record. Demand was strong across the product lineup, with the Q5, Q7 SUVs and the A4 sedan leading the volume gains. It was the best April sales result for Audi in the U.S., marking the brand’s 76th straight monthly record. The previous April record was set last year with 17,801 vehicles sold. Through the first four months of 2017, Audi sales have risen 8 percent to 64,358 vehicles. April results were bolstered by strong demand across the brand’s SUV lineup, with total sales in the segment increasing 18 percent over last April and 19 percent year-to-date. The newly launched Q5 led the gains with 5,028 vehicles sold, an increase of 26 percent. Sales of the Q7 rose 22 percent over last year to 3,022 vehicles, the second-best month on record for the model. The Q3 posted 1,510 sales for the month. Consumer demand for A4 and A5 models was also strong. The A4 sedan posted sales of 3,246 vehicles, a 9 percent increase for the month and a 20 percent gain year-to-date. A4 allroad sales jumped 61 percent to 236 vehicles. The A5 recorded 1,007 deliveries in April, an increase of 24 percent from last year. “Customers are responding well to our new products,” said Mark Del Rosso, chief operating officer, Audi of America. “With the new Q5 in full force and the new A5, we have much cause to be optimistic that our product offensive will position us well for continued growth this year.” AUDI US SNAPSHOT --MTD-- --YTD-- Model Line Apr '17 Actual Apr '16 Actual Yr/Yr % change Apr '17 YTD Actual Apr '16 YTD Actual Yr/Yr % change A3 1,803 2,548 -29.2% 6,691 9,145 -26.8% A3 e-tron 301 321 -6.2% 1,502 1,228 22.3% A4 3,246 2,983 8.8% 11,236 9,361 20.0% A5 1,007 813 23.9% 2,318 2,714 -14.6% A6 1,508 1,619 -6.9% 5,186 4,977 4.2% A7 459 543 -15.5% 1,885 2,009 -6.2% A8 291 330 -11.8% 1,084 1,315 -17.6% allroad 236 147 60.5% 814 597 36.3% Q3 1,510 1,635 -7.6% 5,612 5,030 11.6% Q5 5,028 3,991 26.0% 16,340 12,831 27.3% Q7 3,022 2,472 22.2% 10,570 9,465 11.7% R8 102 96 6.3% 301 123 144.7% TT 198 303 -34.7% 819 966 -15.2% Total Audi Sales 18,711 17,801 5.1% 64,358 59,761 7.7% Total CPO Sales 4,060 4,055 0.1% 15,024 15,386 -2.4% NOTES: - A3 includes A3 Sedan, S3 Sedan and A3 Cabriolet, but does not include A3 Sportback e-tron. - A4 includes A4 Sedan and S4 Sedan, but does not include A4 allroad. - A5 includes A5 Coupe, S5 Coupe, RS 5 Coupe, A5 Cabriolet, S5 Cabriolet and RS 5 Cabriolet. - A6 includes A6 Sedan and S6 Sedan. - A7 includes A7 Sedan, S7 Sedan and RS 7 Sedan. - A8 includes A8 Sedan, A8 L Sedan and S8 Sedan. - Q5 includes Q5 and SQ5. - R8 includes R8 Coupe and R8 Spyder. - TT includes TT Coupe, TTS Coupe and TT Roadster.

FORD F-SERIES SURPASSES THE 70,000 MARK; FORD BRAND SUVS SET RECORD; COMPANY'S OVERALL U.S. SALES DOWN 7.2 PERCENT

Mitsubishi is planning to announce a blueprint on how it plans to rebuild itself in September, but the company's Chief Operating Officer Trevor Mann dropped some breadcrumbs of what could be included. Speaking with Automotive News, Mann explained that the United States, China and Southeast Asia would play key roles in Mitsubishi's recovery. For the U.S., Mann hinted that Mitsubishi could tap help from Nissan or Renault on a new sedan (our guess would be compact or midsize). There is also talk about a pickup using a platform from Nissan. "It's something that we should look at. As we go forward and start to have common platforms, an alliance pickup platform would be quite an appropriate thing for us to do," said Mann. Mitsubishi may also consider building vehicles in the U.S., possibly piggybacking off a Nissan plant. Last year, Mitsubishi closed down their Normal, Illinois plant as it was unable to find a buyer for it. But these ideas are for the future. In the near future, Mann said Mitsubishi will focus on their lineup of crossovers in an effort to take advantage of growing demand for these vehicles. "The answer to your prayers is not just adding nameplates. You've got to make sure the nameplates you've got are working for you. And we've got scope for improvement." Source: Automotive News (Subscription Required) View full article

Sales of new cars in the U.S. have been dropping in the past three months and analysts believe April's sales results will be much the same. But why are sales falling? It comes down to prices of new cars going up and up. According to data from ALG True Car, the average new-car price rose two percent when compared to last year. Kelly Blue Book reports that the average transaction price in March increased 1.7 percent to $34,342 when compared to the same time last year. There are a number of factors as to why consumers are balking at larger prices; credit not being as easy to attain, younger buyers being saddled with debt, and inflation. “It’s not just the price of the cars -- it’s the price of everything else. The price of things like health care, shelter -- all of that is fighting for the budget,” said Michelle Krebs, a senior analyst with Cox Automotive. Automakers are trying to stem this decline by increasing the amount of incentives available. J.D. Power reports incentive spending reached a new high in the first half of April with an average of $3,499. Source: Bloomberg View full article

It has been the ongoing story for a couple of years; buyers flocking to crossovers and sales of sedans falling down. While some automakers it seems are giving up on sedans, others are trying to figure out ways to make them more appealing. Tokuo Fukuichi, Toyota Motor Corp.'s global branding chief tells Automotive News the brand will be employing two strategies to help keep their sedans relevant - improve the driving dynamics and be more daring in terms of design. "Unless we can really offer a sedan experience you cannot have with an SUV or crossover, I think the sedan may not be able to survive if it does not evolve," said Fukuichi. "At a certain point of time, the traditional, square, three-box sedan will go away." The LC coupe is the first model that is taking these ideas and running with it. It features a low ride height, the highest torsional stiffness of any Lexus model in history (partly due to the new GA-L platform), and a design that stands out. The all-new LS is following its footsteps as it features more of a fastback look than the standard three-box silhouette. Intriguingly, Fukuichi dropped the idea of there being a station wagon in Lexus' lineup. It could take some ideas found on Porsche's Panamera Sport Turismo in terms of design. Before you get your hopes, there are no plans for a wagon at this time. "Personally, I would like to have a Lexus wagon if we had enough resources. Maybe not as tall as an SUV but not as short as a wagon. There could be some optimized packaging," said Fukuichi. Source: Automotive News (Subscription Required) View full article

Despite the mess and tepid reception given to diesel models in the U.S. due to Volkswagen emission scandal, there are still some automakers who believe in it. A BMW spokesperson has confirmed to Car and Driver that diesel variant of the new 5-Series would be arriving in the U.S., although no timeframe was given. The model will be named the 540d. Car and Driver believe the model will be powered by the 3.0L inline-six turbodiesel found in the European-market 530d producing 262 horsepower and 457 pound-feet of torque. The 540d possibly means our version will produce slightly more power. Source: Car and Driver View full article