Best New Car Brands of 2019
One of the most carefully followed new car brand rating reports -- the J.D. Power 2019 Initial Quality Survey -- was released today. The survey influences new car buyers as ...Read Full Story »
Autos
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More – and Older — Vehicles Now Traveling on US Roads
There were 276 million light duty vehicles cruising U.S. roads and highways at the end of the first quarter of 2019. That's up about 1.7% compared with the first quarter ...Read Full Story »
Auto Dealer Sentiment Still Negative in Q2
U.S. auto dealers are indicating that they essentially are no more or no less optimistic about demand for new cars than they were in the first quarter of 2019. Expectations ...Read Full Story »
Automakers to Trump: We Can Meet Clean Air Deal We Struck With Obama
A group of 17 automakers (not including Fiat Chrysler) on Thursday sent a letter to President Trump arguing that the best path for preserving industry jobs and keeping new vehicles ...Read Full Story »
Fiat Chrysler Kills Renault Deal
If Fiat Chrysler had been able to close a $40 billion merger with Renault, the result would be the third largest car company in the world. Europe would have a ...Read Full Story »
This Famous Auto Brand Sells Only 33 Cars a Day
Fiat Chrysler Automobiles N.V. (NYSE: FCAU) is in talks to merge with Renault to create the third largest car company. The new firm would have some of the world's most ...Read Full Story »
May Auto Prices to Jump 4% as Volumes Taper
Perhaps the most important thing saving automakers from much worse sales performance is their ability to raise prices. As an industry, the May price for a new light vehicle (car, ...Read Full Story »
Mexico Tariffs Kick Automakers While They Are Down
In the first four months of 2019, about 92% of the cars and trucks built in Mexico were exported to the United States. That represents about 1.03 million vehicles through ...Read Full Story »
Tesla Set to Price China-Built Model 3, Make Changes to California Assembly Line
Electric vehicle maker Tesla Inc. (NASDAQ: TSLA) reportedly is overhauling its Fremont, California, assembly lines to prepare for production of the company's new Model Y sport utility vehicle/crossover beginning later ...Read Full Story »
May Car Sales to Slip, Ford Set to Plunge
May U.S. car sales are expected to fall compared to the same period a year ago. It is another sign that the new car sector, which has been so healthy ...Read Full Story »
Do Investors Think That China’s Tesla May Outgun Its Forebear?
Nio Inc. (NYSE: NIO) reported first-quarter 2019 results Tuesday morning that were objectively awful, though not as bad as analysts had expected. The maker of premium all-electric cars for the ...Read Full Story »
Car Sales Forecast Slips Again as Industry Struggles to Hold Ground
Most automakers will be reporting May sales next Thursday, and the news is not expected to be very good, at least on the sales volume front. A combination of higher ...Read Full Story »
GM Merger With Ford Looks More Likely
Fiat Chrysler Automobiles N.V. (NYSE: FCAU) proposed a merger with Renault that would create the world's third largest carmaker. The eroding economics of the industry make such deal more likely ...Read Full Story »
Americans Still Have 2 Very Big Concerns About Electric Vehicles
The main reason that U.S. consumers give for not considering the purchase of an all-electric vehicle (EV) is the lack of charging stations. In a survey published last year, AAA ...Read Full Story »
Tesla’s Market Value Still Almost as Large as Ford’s
Ford Motor Co. (NYSE: F) has a market cap of just over $39 billion. Despite a near panic sell-off of Tesla Inc. (NASDAQ: TSLA) shares over the past week, it ...Read Full Story »
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