Auto News for Oct. 3 – New Buick Luxury Brand Announced – Great Month for Nissan

 Auto News for Oct. 3

 Can it really be October already? Coming up this month, a series of “First Looks” at some astounding vehicles.

Buick Avenir Sub-Brand

 Buick will introduce a top-of-the-line sub-brand called the Avenir with three global models over the next year and a half. It will be “designed to grow with the needs of future luxury buyers,” Buick said. Additional Avenir details and product specifics will be announced later.

 Automakers will spend the day reporting on September sales today, and virtually all forecasters agree the numbers will be lower but still robust.

 The coffee pot must have been fired up early at Nissan. It said total group sales rose 4.9 percent last month to a record 127,797 units. The Rogue and Murano were much in demand along with the Frontier pickup truck. Infiniti said sales rose 1.3 percent.

 The estimated average transaction price was $34,372 last month, a gain of 2.5 percent from a year earlier, but down $82 from last month, according to Kelly Blue Book. With sales rising sharply for mid-size trucks, transaction prices there rose nearly 6% to $32,350. The only automaker down year-over-year is Volkswagen Group, which fell nearly 3.5 percent in September 2016, KBB said. 

 It was a good third quarter for Tesla. The automaker delivered approximately 24,500 vehicles, an increase of just over 70% from the previous quarter. A total of 15,800 were Model S and 8,700 were Model X. Tesla said it expected Q4 deliveries and production to be at or slightly above Q3.

 There will be no recall of 2014-15 Jeep Grand Cherokees with automatic braking, the National Highway Traffic Safety Administration has announced. It looked into the matter after allegations of unintended braking. NHTSA said after testing, the system “performed as well or better” than the competition and that two specific claims were unsubstantiated, according to the Detroit News.



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