Sales of new cars in May are forecast to rise as much as 8% year-over-year in the U.S. and bounce back to a seasonally adjusted annual rate of more than ... Read Full Story »
The largest car dealership in the US, AutoNation Inc. (NYSE: AN) reported earnings this morning for the first quarter. The company posted EPS of $0.56, an all-time high, on revenue ... Read Full Story »
New car sales in the US for December are forecast to rise 8.1%, including fleet sales, to an annual seasonally adjusted sales rate of 13.5 million new vehicles. The annualized ... Read Full Story »
Auto sales are likely to remain strong in the U.S. However, the stock prices of General Motors (NYSE: GM) and Ford (NYSE: F) are down 30% so far this year. ... Read Full Story »
New car sales in September are estimated to have risen 19% year-over-year, though down -5.5% sequentially. The seasonally adjusted annual rate of new car sales is now set at about ... Read Full Story »