Autos - Page 2

GM Reports Lower Sales, Higher Prices on Pickups

General Motors Co. (NYSE: GM) on Tuesday posted U.S. first-quarter sales of 665,840 vehicles, a decrease of 7% compared with the first quarter of 2018. Year over year, sales dropped ...
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One of the World’s Oldest Car Brands Is Coming to America

Peugeot, the French car company, built its first automobile in 1889. Now, after almost 30 years since it sold its last car in the United States, it will reenter the ...
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Why CarMax Earnings Look So Good to Investors

CarMax Inc. (NYSE: KMX) reported fourth-quarter and full-year 2019 results before markets opened Friday. The used-car retailer reported quarterly diluted earnings per share (EPS) of $1.13 on revenues of $4.32 ...
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The Place That Sold the Most Cars in 2018 Is Not Even a Dealership

The largest retail automobile dealership group in the United States based on the number of new vehicles sold is AutoNation. Last year the company sold more than 538,000 new and ...
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Who Would Have Thought This Popular Car-Shopping App Is Among the Worst?

New car buyers are going to be a widely courted group this year. Sales are expected to decline by as much as 2.5%, and that's only if the economy remains ...
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March Auto Sales to Tumble 7%

Industry analysts at Cox Automotive have forecast that March sales will total 1.55 million light vehicles (cars, SUVs, and pickups). That's down 7% year over year for the month. The ...
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New Car Sales Seen Down 2% in March: JD Power

Now that neither General Motors nor Ford reports monthly sales figures, auto industry watchers have to wait for the quarterly sales reports to find out what's actually happening with the ...
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Are Used Vehicle Sales in Trouble for 2019?

Analysts at J.D. Power Valuation Services noted that the used vehicle market continued its sluggish start to the new year in its latest Used Car and Light Truck Guidelines Industry ...
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Ford F-150, Nissan Titan, Ram 1500 Best on Crash Safety Test

Modern cars, light trucks and sport utility vehicles are all built with safety cages around the passenger compartment that are designed to minimize the effects of head-on collisions and crashes ...
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Used Car Market in 2019 Growing to Post-Recession High While New Car Sales Keep Slowing

While 2017 and 2018 were characteristic of a "peak auto" theme for carmakers, a growing issue that may be pressuring new car and vehicle sales is that persistent used vehicle ...
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Mercedes Unveils Redesigned GLC Crossover Coupe

Daimler's Mercedes-Benz division is prepping for next month's New York Auto Show with an announcement of a redesigned version of the company's luxury compact crossover coupe, the GLC. The company ...
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Why Mercedes-Benz Will Build Maybach SUV in Alabama

Daimler's Mercedes-Benz may be one of the best-known luxury brands on the planet. Less well-known, perhaps, is its ultra-luxury brand, Maybach. The 2018 Mercedes-Maybach sedan is available in two models, ...
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Auto, Tech Companies Spending Big on Driverless Cars Americans Are Afraid Of

The auto and tech industries are spending billions of dollars to develop autonomous (driverless) vehicles. But is that money well-spent, considering that nearly three-quarters of Americans (71%) don't even want ...
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Ford CEO Made 276 Times Median Worker in 2018

Ford Motor Co. (NYSE: F) filed its preliminary proxy statement with the U.S. Securities and Exchange Commission (SEC) Friday morning. The most engaging metric in the filing is the ratio ...
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Tesla Shows Off Model Y Crossover, Ford Mum on Electrified Mustang

At an event Thursday night at the company's design studio near Los Angeles, Tesla Inc. (NASDAQ: TSLA) unveiled its promised Model Y crossover SUV. The first version to debut will ...
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