Ford and General Motors Face Dimmer Hopes in China
Many large multinational companies, including Ford and General Motors, battle market saturation. They pin their hopes on emerging economies for expansion plans.
Many large multinational companies, including Ford and General Motors, battle market saturation. They pin their hopes on emerging economies for expansion plans.
In a new owner satisfaction ranking of 2015 model year vehicles, General Motors placed five vehicles at the top of their respective segments.
Owners of cars and sport utility vehicles alike have grown accustomed to getting recall notices. Now Land Rover gets its turn in the recall barrel.
The fundamentals are sound for Tesla, but Deutsche Bank is advising caution with a stock that is very near its all-time high.
Google puts out a monthly report on the activity of the unit that runs its self-driving car initiative. The June report disclosed two accidents.
Studies show that the millennial generation is shying away from total car ownership. The days of car ownership as a symbol of status and identity have certainly faded.
Ford recently introduced its third electric bike, called the MoDe:Flex, as part of the company’s Smart Mobility initiative.
Tesla Motors announced Thursday morning preliminary deliveries of about 11,500 Model S sedans in the second quarter of 2015, its highest ever total.
The battle between the two largest luxury car companies based on sales goes back and forth most months. In June, BMW was the leader.
U.S. sales of pickup trucks by the Detroit Three automakers took a bit of a dive in June, and GM now has more than 40% of the overall pickup market.
General Motors total June sales reflect weaker Chevrolet, Buick and Cadillac brand sales but an increase in GMC sales.
Ford on Tuesday posted a U.S. sales increase of 2% year-over-year in June and truck sales declined 0.7% for the month.
After repeated assurances that sales of Ford's flagship F-150 would rise as production of the new generation model came online, the opposite held true in June.
Year over year, sales rose 8% at Fiat Chrysler Automobiles in June to the company’s best June sales level since 2006.
Although new U.S. car sales for June are expected to be lower than May sales, industry analysts expect a sales jump of nearly 5% year-over-year.