Auto Industry News USA |
BEIJING (Reuters) - Vehicles sales in China, the world's largest auto market, fell 14.6% in April from the same month a year earlier, the country's biggest auto ...
If you don't know which makes and models to avoid, you may end up overpaying in the long run.
With the GT350 and other heartthrobs, Mustang is the dominant muscle car player. But its brand responsibilities stretch well beyond horsepower.
Amy Drennen, right, of Lordstown, Ohio, an employee at General Motors for 12 years, receives a hug from Pam Clark, as people gather in front of the General ...
This winter U.S. auto sales have been down, including usual sales champ Jeep Wrangler. Auto dealers are pulling back on discounts too.
Major auto makers posted declines in U.S. sales for the first quarter, adding pressure on car companies already grappling with weaker conditions in important ...
U.S. auto sales are falling as vehicle prices climb, indicating that buyers at the lower end are getting squeezed out of the new car market, according to a new ...
Car dealers are beginning 2019 with a heavier inventory of unsold vehicles on their lots, a situation that some analysts say will put pressure on them to cut ...
Major automakers on Thursday posted a weak finish to the year for U.S. new vehicle sales but remained bullish on the outlook for the economy even as much of ...
While car sales for 2018 aren't going to match the record-breaking numbers of 2017, Americans did move a lot of metal this year. The market didn't soften as ...
Top U.S. automakers reported another month of rises in sales of sports utility vehicles and pick-up trucks on Thursday as American consumers continued to shun ...
Most major automakers capped the first quarter with declining U.S. sales again in March, as the sugar high from last year's tax cuts wore off and the economy lost ...
Americans are finally tapping the brakes when it comes to buying new vehicles, according to analysis of first-quarter sales by J.D. Power.
Craigslist, the free-classified colossus, will begin charging $5 to list a car or truck for sale.
U.S. auto sales are set to decline in 2019, although the end of the current boom has often been predicted. Most experts had expected sales to decline in 2018, ...
A growing number of auto dealers around the country is seeing a noticeable drop in retail sales and customer traffic, raising the possibility that a long-anticipated ...
The gap between the price of a new and used vehicle is as wide as it has been in years, pushing an increasing number of consumers to the used-car lot and ...
From availability issues to regulatory hurdles and changes in marketing strategies, dealers say there is plenty credit unions can do to improve relations between ...
U.S. auto sales are tumbling further and further away from record highs hit just a few years ago. Automakers are projected to sell 16.8 million passenger vehicles ...
Americans bought over 17 million vehicles for the fourth year in a row in 2018, and 68 percent of them were trucks and SUVs, continuing a years-long trend ...
Carmakers have enjoyed an extended run of near-record U.S. sales and fat profits. But this year, it looks as if the party really will start to end. Interest rates are on ...
Global car and SUV sales in 2019 are expected to fall slightly as the world economy stumbles, and the days of easy profits since the financial crisis for the ...
More car dealers, as well as startups, are offering direct sales through their websites, as consumers become more comfortable buying big-ticket items online.
These should be boom times for Detroit. Unemployment is at a half-century low, gasoline is cheap and auto sales in the U.S. were near record levels last year.
General Motors has some major restructuring plans underway, announcing that it will lay off up to 14,000 factory and white-collar workers in North America and ...
The year is at an end, and it's the perfect time to get a gauge on what the best-selling vehicles of the year are. If it wasn't already clear from what's visible on the ...
Auto sales in China fell 3 percent in 2018 — their first decline in about two decades and a mild introduction to even more pain coming for automakers doing ...
U.S. auto sales were expected to increase slightly in August as Americans continue to show more interest in SUVs and pickups than passenger cars.
New vehicles are piling up on U.S. car dealer lots, creating concern just as sales are expected to sputter. The inventory of unsold new cars on dealer lots rose ...
The growth engine for the world's car industry has been thrown into reverse, with China recording the first annual slump in auto sales in more than two decades ...
According to data compiled by Kelley Blue Book and Business Insider, the Ford F-Series, Chevrolet Silverado, and Ram Pickup are the top three best-selling ...
It's driving season. The sunny skies and temperate weather make it just the right time to cruise around town with the top down or take a winding road trip.
The price of going upscale: New cars are too damn expensive, and Americans aren't buying them anymore. Based on new-vehicle sales data this year through ...
Automakers, car dealers and parts manufacturers have gone into high gear in a bid to derail the threat of new tariffs on foreign-made cars and car parts.
Volkswagen managed to hang on to its global sales crown last year despite an aggressive challenge from its Euro-Asian rival, the Renault-Nissan-Mitsubishi ...
Almost 60 percent of all new cars sold in Norway in March were fully electric, the Norwegian Road Federation (NRF) said on Monday, a global record as the ...
As both the government and households try to reduce their debt levels, car sales across China are declining.
Talking heads have been warning for days that the auto industry should prepare itself for a rougher than usual ride in 2019, speculating that sales for the first ...
Tesla CEO Elon Musk's latest strategic shift will be one of his biggest challenges: persuading mainstream consumers to purchase cars online the way they buy ...
Car sales in China continued to decline in January after their first full-year slump in more than two decades, adding to pressure on automakers who bet heavily ...
As if tax day weren't bad enough already, Craigslist has added a $5 charge for personal used car listings in the U.S., effective April 15. The popular online ...
Chinese consumers are discovering of late that new is not everything. They are switching gears to buy second-hand cars, as economic growth in mainland ...
Whether attending the 2019 Detroit Auto Show or not, there are a few must-see cars from the show....F.
The auto industry reported February new car sales, but GM and Ford did not release results. They do quarterly reports, analysts have mixed reactions.
Part of the increase in cost is the result of the “trickle-down” of luxury features, one car expert says. Safety features are also adding to the price.
Auto sales in China saw their biggest year-over-year drop so far in 2018.
Toyota's emphasis of hybrids comes at a time when U.S. demand for the traditional gas-electric vehicle is dropping. LMC Automotive estimates full hybrid sales ...
The road leading to this year's New York International Auto Show was packed with a long convoy of SUVs. Toyota, Lincoln, Mercedes-Benz, Hyundai and ...
U.S. auto sales slowed in July as rising interest rates, higher gasoline prices and falling demand for passenger cars dented the industry's momentum after a ...
Most automakers saw their U.S. sales decline in the first quarter as customers feel the pinch of increasing prices and record interest rates.
The automotive landscape of any given year is truly a snapshot of the time period. Cars are excellent barometers of trends, styles and shifts in American culture.
New York (CNN Business) Tesla on Wednesday reported a massive drop in auto sales for last quarter, though the company said it's confident it will still reach its ...
Chinese auto sales declined almost 14 percent in February, an industry group announced. That's the eighth straight month of year-on-year decline in the world's ...
Consumer Reports' automotive experts share sneak previews of the new 2020 cars worth waiting for in advance of our track tests.
Facebook has partnered up with Australian automotive classifieds sites like Carsales to create a new way for the social media platform's users to buy used ...
It is not a great time to sell cars in China. The world's largest car market is experiencing what some industry watchers say is its biggest slowdown in two decades.
Pent down demand “steals” sales for high ticket items from the future. It causes market saturation, and eventually depresses spending on these items when the ...
The largest U.S. seller of cars and other light vehicles is not a car dealership, but a membership club that sells everything from soup to nuts.
Almost a third of new cars sold in Norway last year were pure electric, a new world record as the country strives to end sales of fossil-fueled vehicles by 2025.
At Amazon's event in September, the company announced the Echo Auto, an aftermarket product designed to bring Alexa to cars. But the device has remained ...
DETROIT (Reuters) - Major automakers on Wednesday reported lower U.S. new vehicle sales for July amid steep declines in passenger cars, except Fiat ...
With interest rates rising and buyer incentives slowing, car shoppers should do some legwork to make sure they're finding the best deal possible.
News that Facebook, Inc. has launched its new auto advertising *service* in Australia isn't worrying investors in Carsales.Com Ltd (ASX: CAR) too much but the ...
A Bunbury car dealership and its director have been forced to pay a total of $9600 after not passing on the proceeds from the sale of a vehicle to its owner.
U.S. sales of the Tesla Model 3 plunged 74% in January compared with December, according to a consumer website, lending credence to rumors that sales of ...
China is considering a tax cut to revive its flagging automotive market, according to people familiar with the matter, lending support to a key industry that's been ...
Car makers in China will face more fierce competition this year, after a tough 2018 when the world's biggest auto market contracted for the first time in more than ...
U.S. policies are causing consumer uncertainty, price increases, and new barriers to international trade.
China's once-buoyant auto sales hits a blip, likely to see the first quarterly decline in 26 years.
German automakers VW and BMW each increased sales to more than 300000 cars in the US in 2018 while the sales of several competitors fell. VW had a ...
European carmakers couldn't shake the slump that's shadowed them since September as new car registrations declined for the third month in a row -- adding ...
China wants to play in America's car market. While US sales have plateaued around 17.2 million per year (paywall), it's one of the most lucrative on the planet ...
In the auto industry, business is booming for the undertaker. Automakers are killing vehicle models at a steady clip – largely because buyer preferences are ...
Tesla sold just 211 cars in China last month, a sharp drop versus a year ago, the country's passenger car association told Reuters on Tuesday, underscoring ...
The prices at the world's largest used car auction have been better than usual lately, especially since President Donald Trump started pushing for new tariffs on ...
BEIJING (Reuters) - China's car sales fell the most in nearly seven years in September, stoking concerns the world's biggest auto market could contract for the ...
We've got so much to tell you. From updates to an awesome—and affordable—sports car to the redesign of a popular luxury car carrying a six-figure price tag ...
As interest rates rise and vehicles become more expensive, that new car smell increasingly comes with larger loans and longer terms. However, you may be ...
Car dealerships are facing a roadblock: convincing workers in their 20s and 30s to work and stay in an auto retail business defined by long shifts, weekends on ...
Sales of new passenger vehicles, as measured by registrations, dropped 5.5% in December from a year earlier in the UK, the second largest auto market in the ...
So is it really the end of the American car on its home turf? From the way Detroit's major executives are talking, it would seem so. Ford said Wednesday it will ...
U.S. sales of new cars and trucks tailed off in February as automakers eased up on discounts. Sales fell 2% from last February to 1.3 million, according to ...
To manage a growing used car business, Tesla is relying on outside firms, including Manheim and Adesa, according to two people familiar with the situation.
The New York auto show is open to the public from April 19 through April 28. Here, everything you need to know before attending this major international auto ...
Chrysler, Ford and General Motors saw a booming Chinese driving culture and cheap labor. Now the market is slowing, competition is rising and the Trump ...
Want the lowdown on European markets? In your inbox before the open, every day. Sign up here. European car sales declined for a fifth straight month in ...
The zero-percent auto loan is making a comeback, though it's probably going to last only as long as the holidays.
Tesla could do with some acceleration. On April 3, the electric carmaker reported an epic miss on vehicle production and deliveries for the first quarter of 2019.
Bugatti, the French sports car brand that is now owned by German automaker Volkswagen, has revealed the most expensive new car ever built. With a sale price ...
In a restructuring, General Motors is discontinuing some Chevrolet, Cadillac and Buick models, like the Chevrolet Volt and Impala.
More Americans than ever are at least three months behind on their auto loans, a sign that the U.S. economy may have little growth left in the tank.
This seventh instalment in an ongoing series on China's industrial strategy to advance manufacturing looks at Beijing's effort to build a world-leading electric ...
DETROIT (Reuters) - U.S. auto sales likely fell slightly in October from a year earlier, when replacement demand following hurricanes Harvey and Irma boosted ...
Fair is a two-year old startup where you choose a used vehicle, get approved and complete the transaction — all on your smartphone app. The *service* falls ...
Ford has ditched plans to import its Focus compact from China to the U.S., citing an expected hit from import tariffs the Trump administration put into effect.
Volkswagen Group said on Friday its vehicle deliveries rose 0.9 percent last year to a record 10.83 million, putting it neck-and-neck with ...
In Germany—the birthplace of the modern automobile—carmakers are anticipating the day when people stop owning cars.
A third monthly decline isn't cause for concern: The market is just maturing after an era of super-charged growth.
Chinese President Xi Jinping's pledge to lower tariffs on US cars sounds like great news for American workers and companies. In some respects, it is. US auto ...
Costco sold more than 650000 cars through its auto program in 2018, an increase of more than 25% from 2017.