Autos

Auto Dealer Expectations Sink to All-Time Low

Posted: December 10, 2018 at 10:45 am

U.S. auto dealers are not optimistic about market demand for new cars, either in the current quarter or in the first quarter of next year. In fact, dealer expectations for ...
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Carlos Ghosn Remains in Jail Following Japanese Indictments

Posted: December 10, 2018 at 7:55 am

Less than a month ago, Nissan Chairman and CEO Carlos Ghosn and his aide, Greg Kelly, were detained by Japanese authorities on allegations of financial misconduct. Since then, Ghosn has ...
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US Consumers Owe $1.17 Trillion in Car Loans

Posted: December 7, 2018 at 1:20 pm

Whether U.S. consumers are purchasing a new car or a used model, chances are that an auto loan is involved. More than 85% of all new car buyers and nearly ...
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Fiat Chrysler to Build More Jeeps in Retooled Detroit Assembly Plant

Posted: December 7, 2018 at 7:56 am

Although the company is not expected to confirm the reports until next week, Fiat Chrysler Automobiles N.V. (NYSE: FCAU) is planning to reopen an engine plant the company closed in ...
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Waymo Self-Driving Minivans Hit Phoenix Streets Wednesday

Posted: December 5, 2018 at 10:50 am

Waymo, a spin-off of Alphabet Inc. (NASDAQ: GOOGL), launched its Waymo One self-driving commercial service in the metropolitan Phoenix area Wednesday morning. About 400 people who took part in a ...
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The Best Time of the Year to Buy a Used Car: Right Now

Posted: December 4, 2018 at 7:55 am

In the third quarter of this year, the average price for a used vehicle topped $20,000, a 3.5% year-over-year increase and the highest quarterly average since 2005. Combined with higher ...
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Fiat US Sales Fall Over 40%, Endangering the Brand

Posted: December 3, 2018 at 12:20 pm

GM and Ford each have announced they will stop selling some of their car models in the United States. A brand made by Fiat Chrysler Automobiles N.V. (NYSE: FCAU) may ...
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Ram Pickup Sales Soar, Ford F-Series Sales Edge Down

Posted: December 3, 2018 at 11:45 am

Ford Motor Co. (NYSE: F) sold 72,102 F-Series pickups in November, topping sales of Fiat Chrysler Automobiles N.V. (NYSE: FCAU) Ram pickups of 52,056 units. Ram sales were up 44% ...
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Jeep, Ram Send FCA’s November Sales 17% Higher

Posted: December 3, 2018 at 11:20 am

Fiat Chrysler Automobiles N.V. (NYSE: FCAU) reported Monday that November sales increased by 17% year over year to 187,310 vehicles, compared with November 2017 sales of 154,919. The Jeep brand ...
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Ford Sales Drop 7% in November, Cars Down 20%

Posted: December 3, 2018 at 10:45 am

Ford Motor Co. (NYSE: F) on Monday reported November sales fell by 6.9% year over year to 196,303 Ford and Lincoln vehicles, compared with November 2017 sales of 210,771. Passenger ...
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Tesla Depreciation Case Study a Positive Read on Demand

Posted: December 3, 2018 at 9:40 am

By Gene Munster and Andrew Kluge of Loup Ventures Depreciation in the used car market is one way to read demand for a manufacturer’s vehicles. Vehicles that are more in ...
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Renault, Nissan, Mitsubishi ‘Fully Committed’ to Alliance Despite Ghosn Arrest

Posted: November 29, 2018 at 8:25 am

In a terse statement issued Thursday morning following a meeting in Amsterdam, the boards of directors of Groupe Renault, Nissan Motor and Mitsubishi Motors, collectively known as the Alliance, said ...
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How Much Will Auto Sales Tumble in November?

Posted: November 28, 2018 at 8:55 am

Automakers will be announcing U.S. new car sales on Monday, December 3, and two industry research firms are looking for November sales come in lower year over year. The decline ...
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Ford US Sales Expected to Collapse in November

Posted: November 28, 2018 at 7:00 am

Ford Motor Co. (NYSE: F), already pressured from falling sales in China, slow progress in cutting costs and a faltering effort to get into the electric and autonomous car businesses, ...
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GM Makes It Official: 5 North American Plants, 6,300 Jobs Are Gone

Posted: November 26, 2018 at 11:55 am

In the name of "transforming the global enterprise," General Motors Co. (NYSE: GM) announced Monday morning that it plans not to allocate any products to five assembly plants and two ...
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