Jaguar Sales Tripled in April
Jaguar's sales tripled in April, due primarily to the surge in demand for its F-Pace SUV.
Jaguar's sales tripled in April, due primarily to the surge in demand for its F-Pace SUV.
Mercedes is making another big step forward in its development of autonomous driving vehicles with its extended driver assistance functions in the new S-class.
Ford maintained its grip on the title of best-selling pickup again in April, but the F-Series pickups lost some market share to competitors.
The Big Three car makers all suffered sharp drops in sales for April, as did several foreign car companies. Hardest hit were car sales.
Fiat Chrysler sales fell in April, including a sharp drop in Jeep brand sales. Slightly offsetting the decline was a modest year-over-year estimated gain in the average selling price per vehicle.
GM's April sales fell nearly 6% in March and its inventory of unsold cars rose by more than 9,500.
Ford sales tanked year over year in April and retail sales plunged. The only bright spot was an increase in the average transaction price.
General Motors is making a name for its Cadillac brand in China as one of the more iconic and up-and-coming cars in the People’s Republic.
Toyota, Honda and BMW are coming under investigation in the United States for potential patent law violations.
Subaru is America’s hottest car company. However, even it offers very attractive deals to pull in customers, a sign that no car company is immune from the incentive wars which have swept the industry.…
Carvana expects to price 15 million shares in the range of $14 to $16 in and initial public offering valued up to about $276 million.
GM reported better-than-expected first-quarter 2017 results before markets opened Friday. Volumes were lower year over year, but sales jumped on higher-priced crossovers and trucks.
Automakers report April new car sales next Tuesday. Analysts see total volumes lower than last year and last month. Incentives remain high and inventory turnover is stalled.
Ford reported first-quarter earnings higher than analysts expectations after the company lowered estimates earlier this month.
Short interest in Tesla stock increased by less than 1% in the two-week reporting period ended April 13. This morning, Consumer Reports dropped its rating on both the Model S and Model X for…