Auto Sales Prices Rise Slightly in December
Sales prices of automobiles rose by more than $1,000 month-over-month in November. However, sales prices declined $159 when compared with December 2012 prices.
Sales prices of automobiles rose by more than $1,000 month-over-month in November. However, sales prices declined $159 when compared with December 2012 prices.
Automakers reported December U.S. sales Friday morning. Two of the companies projected 2013 sales to reach an annual rate of less than 16 million new vehicles sold in 2013, a drop from…
Sunday's announcement that Fiat has agreed to acquire the 41.5% stake in Chrysler Group owned by a United Auto Workers (UAW) benefits trust fund for a total of $4.35 billion ends a…
The dominant theory about Fiat's buyout of a UAW health care trust that gives it 100% ownership in Chrysler is that the Italian car group has made huge hedge in the United…
Most analysts have pointed to luxury auto imports as the leaders in terms of growth. However, the real victors in the U.S. car industry are heavy pickup trucks, particularly those made by…
Automakers are expected to report December sales on Friday, but Ford issued an announcement on Monday morning claiming that it will sell 2.4 million vehicles in 2013 and it will retain its…
ThinkstockTesla Motors Inc. (NASDAQ: TSLA) opened its first showroom to the public in Beijing in November and, according to ChinaDaily, hundreds of high-end Tesla electric cars have been ordered or preordered in…
General Motors will recall nearly 1.5 million vehicles in China due to potential safety issues. GM already faces growing competition from local carmakers, legislators desperate to reduce the sources of air pollution…
courtesy of Volkswagen of AmericaVolkswagen has said that it aims to be the largest carmaker in the world. And for the first time in nine years, it appears to be set to…
When 24/7 Wall St. listed its 10 brands that will disappear in 2014, Tesla Motors was not among them. However, veteran trader Yra Harris of Praxis Trading told CNBC this week that…
As has been the case for years, the Ford Motor Co. (NYSE: F) F-Series pickup will be the best-selling vehicle in America in 2013. That show how much Ford relies on the…
ThinkstockThe Insurance Institute for Highway Safety (IIHS) released its best-rated safety picks for 2014 model year cars on Thursday and the big news is that the Camry from Toyota Motor Corp. (NYSE:…
General Motors Co.It’s no secret that new car sales in the U.S. have been very strong this year. Automakers are on track to sell more than 15.6 million cars in 2013 and…
Courtesy Ford Motor Co.All the cheerful news aside, the one comparison that stands out in the outlook that Ford Motor Co. (NYSE: F) released Wednesday morning is the drop in expected pretax…
Courtesy Toyota Motor Corp.For the second consecutive year, the Prius IV from Toyota Motor Corp. (NYSE: TM) has been named the best value among new cars by Consumer Reports magazine. The Fit…