Volkswagen

US Car Sales Likely to Drop for First Time Since 2009

April U.S. car sales likely sputtered. The weakening is another sign that auto sales will drop in 2017 compared to 2016. It will be the first year-over-year drop since 2009, ...
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Porsche Plans to Expand Electric Vehicle Line

Volkswagen AG's Porsche cars generate the highest margins of any brand in the VW stable. Now the company says it plans to invest some of that margin in financing development ...
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Volkswagen’s Big American Comeback

Sales of Volkswagen cars have picked up in the United States and are in positive territory so far this year. Many experts believed that a diesel emissions scandal would depress ...
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Ford Sales Expected to Slide Sharply in March

Ford Motor Co.'s (NYSE: F) U.S. sales are expected to drop 7.5% in March to 234,000, compared to March of last year. Industry sales are expected to rise 3.3% to ...
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Fiat Chrysler Rejects Volkswagen Merger Idea, or Does It?

Last week, we reported that Fiat Chrysler Automobiles N.V. (NYSE: FCAU) CEO Sergio Marchionne was open to shopping around for a merger, but this door seems to be closing. At ...
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European Car Sales Flatten as VW Holds Nearly 25% of Market, Shows Peugeot Need for Opel

Cars sales within the European Union rose only 2.2% in February, a shift downward in the rate of expansion compared to most of the past year. One thing has not changed ...
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Fiat Chrysler CEO Leaves Door Open to Merger With GM or Volkswagen

At the Geneva Motor Show this week, Fiat Chrysler Automobiles N.V. (NYSE: FCAU) CEO Sergio Marchionne reportedly said that he remains open to a potential merger. "I may shamelessly try ...
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new car lot

February Car Sales Expected to Fall 3%, With Chrysler Plunge and VW Surge

Experts have been worried that the U.S. car industry cannot continue to grow annually. Results this year have started to calm that anxiety. Car and light truck sales are expected ...
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VW 2018 Atlas

Volkswagen Pulls Ahead of Toyota in Global Sales, Despite Diesel Scandal

Despite a scandal over the manipulation of diesel engine output that affected tens of thousands of cars and cost the Volkswagen CEO his job, the huge German car company sold ...
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car dealership

US Auto Sales Begin to Falter in January as Industry Faces Struggles

The auto industry cannot sell 17 million cars and light trucks in America year after year. At some point buyer demand will become sated. Higher interest rates will force manufacturers to ...
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2016 Lexus LX 570

2 German, 2 US Luxury Car Makers Shut Out of Best Resale Value Lists

When you pay north of around $40,000 for a luxury vehicle, one of the extras you might expect is a higher resale value when you either trade or sell the ...
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VW 2018 Atlas

VW Sales To Rise 5.5% In November

New car sales in the United States are forecast to reach a November record of 1.37 million units this year. The current record is 1.32 million units set in November ...
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VW 2018 Atlas

Volkswagen to Cut 23,000 Jobs

Google Translation of Volkswagen statement: The Board of Management and the General Works Council of Volkswagen signed a future pact in Wolfsburg after constructive negotiations. He is leading the return ...
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FCA logo

Fiat Chrysler EU Market Share Tops GM, Closing in on Ford

New car registrations in the European Union (EU) for the month of October totaled 1.1 million units, essentially flat with October of last year. Year over year, sales rose by ...
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2016 Honda Civic

Who Kelley Blue Book Picked as Its Biggest Winners of 2017

As 2016 is winding down, 24/7 Wall St. is taking a look at some of the best car models that are available in the U.S. market. These models were not ...
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