GM reported fourth-quarter and full-year sales Thursday morning that were weaker than sales in the year-ago quarter and all of 2017. Passenger car sales continue to tumble and light truck sales were…
Paul Ausick When GM reports quarterly sales Thursday, the company is also expected to announce that it has sold more than 200,000 electric vehicles. That accomplishment cuts in half the federal incentive for sales…
The Chinese government announced that it will rollback its 25% tariff on imported cars for three months beginning January 1. That is unlikely to end Ford's slowing sales in the country which…
European Union new car sales fell again in November, the third straight month for declining year-over-year sales. Volkswagen maintained is volume and market share lead last month.
Apple has announced it will build a $1 billion facility in Austin, Texas, and add other large operations in Seattle, San Diego and elsewhere.
GM to end production of the Chevy Volt, Softbank will have the second largest initial public offering in history, and other important business headlines today.
An important Chinese executive was arrested in Canada and faces extradition to the United States, Facebook CEO Mark Zuckerberg is involved in another scandal, and other important business headlines today.
Sales of pickups and SUVs carried U.S. automakers Ford and Fiat Chrysler in November. Toyota's midsize Tacoma posted its best-ever November with more than 21,000 units sold in the month.
24/7 Wall St. has identified 20 companies that are seeing their shares directly benefit as a result of the China trade talks resulting in the tariffs being delayed.
New car sales for the month of November are forecast to be lower year over year and month over month, according to estimates from two industry analyst firms.
Ford, already pressured from falling sales in China, slow progress in cutting costs and a faltering effort to get into the electric and autonomous car businesses, will be hit by a sharp…
Trump threatens to cut subsidies to GM, Microsoft's market cap is getting close to Apple's, Conde Nast pushes out its CEO, and other important business headlines.
GM has announced that five North American plants and two unnamed global facilities will not be designated to build any new products after 2019, effectively closing the plants and costing some 6,300…
Paul Ausick GM is reportedly set to shut down its assembly plant in Oshawa, Ontario, at the end of next year. The plant employs about 2,800 workers of whom some 2,200 are represented by…
Paul Ausick European auto sales in October recovered somewhat from a massive September decline but still posted a decline. For the year to date, however, sales are up slightly.
