As Average Age of American Cars Nears 12 Years, a Challenge and Opportunities for Manufacturers
The average age of American cars has risen almost relentlessly for well over a decade. This fact is a double-edged sword for auto makers.
The average age of American cars has risen almost relentlessly for well over a decade. This fact is a double-edged sword for auto makers.
U.S. car sales are expected to fall in December compared to last year. However, it should be a record month for 2017.
KeyBanc Capital Markets' analyst has maintained his Sector Weight rating on Tesla stock but warns that Model 3 sales will be light in the fourth quarter.
Global sales at Ford are on track to be slightly lower than 2016 sales with one month of sales remaining in 2017.
Elon Musk said that a Tesla pickup would be full-sized version, which means it will compete with the best-selling vehicle in the country.
Luxury carmaker Aston Martin is recalling nearly 5,500 cars in the United States to repair a rollaway problem on nearly 4,000 vehicles and a battery cable problem on about 1,500.
For late shoppers who want to spend $12,000 to $250,000 on a Christmas present, it is not too late to buy someone a car. Many dealers are open today. Recipients may not be able…
Fiat Chrysler is recalling about 1.8 million Ram pickups to repair a problem that could cause the gear shifter inadvertently to move out of the park position.
December car sales are expected to fall nearly 6% compared to December last year. That will not keep 2017 sales from being near record levels.
CarMax reported mixed fiscal third-quarter financial results before the markets opened on Thursday.
Analysts at Cox Automotive have raised their estimate for new car sales next year as a result of the recently passed tax legislation.
Major automakers are making big promises to electrify their new car fleets and forecasting a massive demand shift for electric cars from consumers. Is this realistic?