Why CPI Is More Important for GM Than China Sales
It is not hard to see why GM shares have been so dismal, down 12% in five years, while almost everything else has been in a raging bull market.
It is not hard to see why GM shares have been so dismal, down 12% in five years, while almost everything else has been in a raging bull market.
Fiat Chrysler Automobiles has said that it is recalling more than 1.7 million Ram pickups and chassis cab to fix problems with the vehicles’ airbags and welds in the steering system.
The analysts at Kelley Blue Book have pored over their rankings in more than two dozen “best of” lists and come up with the 10 vehicles that have won a place on several lists.
Automakers initiated at least two major recalls in the past week. One was rather larger and the other much smaller, but the smaller one could be the more problematic of the two going forward.
The race to perfect driverless cars has already started. New research shows that, among other things, these cars could cut driving accidents by 80%.
Markets were sliding into the close on Friday, and they were dragged down in part to major auto companies.
The boardroom squabbles at Volkswagen settling with the selection of a new chairman, is Volkswagen now ready to do what is necessary to gain sales in the United States?
CEO Elon Musk announced in a tweet that Tesla will begin delivering its new Model X Signature series late this month.
New vehicles sold in the month of August averaged 25.3 miles per gallon, down a bit from July.
Mercedes-Benz USA sold only 617 units of its tiny Smart in August, down more than 50% from the same month of last year.
Volkswagen, desperate to gain sales in the United States, moved backward in August.
Pickup truck sales in the United States rose year over year for all of the three U.S. automakers, but the big news appears to be coming from the long-time leader in pickup sales.
General Motors posted total August U.S. sales of 270,480 vehicles, a decline of 0.7% compared with August 2014.
Ford Motor on Tuesday reported a U.S. sales in August that were more than an estimate by analysts at Kelley Blue Book.
Year over year, sales rose at Fiat Chrysler Automobiles in August to the company's best August sales level since 2002.