November U.S. auto sales hit 14 year high at 1.3 million
U.S. auto sales rose 1.4 percent year over year to 1.3 million in November, a 14 year high driven by Black Friday promotions. GM, Toyota and Fiat Chrysler posted gains, VW fell nearly 25 percent due to emissions cheating. Forecasts point to 17.5 million in 2015.
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November Automakers Report Mixed U.S. Sales Gains
GM up 1.5 percent to 229,296 with Silverado up 5 percent. Toyota up 3 percent to 189,517 as RAV4 climbs nearly 30 percent and Prius down 10 percent. Ford up under 1 percent to 187,794 amid setbacks for Escape and Fusion. FCA up 3 percent to 175,974 led by Jeep 20 percent. Honda down 5 percent as Acura drops 18 percent. Nissan up 4 percent to 107,083 with truck SUV up 15 percent and Leaf down 60 percent. Hyundai up 12 percent to 60,007 with Tucson nearly doubling.
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VW sales drop 25 percent amid diesel emissions scandal
Volkswagen says U S brand sales fell nearly a quarter in November from a year earlier as stop sale orders on diesel models hit demand. Tiguan and all electric Golf rose, but Passat and Jetta plunged, while Audi and Porsche fared better with smaller declines.
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Avon entrepreneur opens Gotcha Covered window franchise
Matthew Benedict after six years in restoration opened Gotcha Covered in Avon. The Denver based windows franchise offers blinds shades and shutters to homes and commercial buildings. Benedict sought self employment flexibility supported by his wife a teacher and his sales and design background.
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Zuckerberg family birth and philanthropy plan announced
Mark Zuckerberg and Priscilla Chan announce birth of daughter Max and reveal plans to donate about 99 percent of their Facebook stock to a new Chan Zuckerberg Initiative. The move aims to fund disease research education clean energy poverty reduction and equal rights initiatives.
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