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.
Trey Thoelcke Ford recently introduced its third electric bike, called the MoDe:Flex, as part of the company’s Smart Mobility initiative.
Trey Thoelcke 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.
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.
Paul Ausick 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.
Douglas A. McIntyre 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.
Fiat Chrysler will release a new version of its iconic Fiat 500 on July 4. If the car does not lift U.S. sales, Fiat will suffer another disaster.
While car and light truck sales in the United States are expected to rise by 5.7% in May, Ford sales are expected to rise less than that.
The American new car market continues to shoot toward new records. According to Kelley Blue Book, June will help sales move much higher.
AT&T continued to reign as the most shorted stock trading on the New York Stock Exchange between the May 29 and June 15 settlement dates.
Ford appears to be winning the battle with General Motors, at least according to Goldman Sachs.
Ford has a big plan to transform itself from an automaker to a "mobility" provider.
Paul Ausick Wednesday's top analyst upgrades, downgrades and initiations include Avago Technologies, Citigroup, Electronic Arts, Ford, GM, Goldman Sachs and JPMorgan.
Full-sized pickups are the backbone of the American car industry, but that backbone is being tested.
The European Automobile Manufacturers Association reported that new vehicle registrations in the European Union were up almost 7% for the year to date.
