The average transaction price for a new car or pickup purchased in the United States in December was 1.6% higher than in November, as well as 2.5% higher than December of 2013.
Automakers are about release December sales figures, and industry analysts are looking for another solid month of sales to bring to a close a very good year for new car sales.
The new BMW i8 has been positioned as a Tesla killer. But it is not all-electric like a Tesla.
General Motors began 2014 with a recall of more than 300,000 of its pickup trucks. In February the automaker recalled more than 1.6 million North American additional vehicles.
The short interest in Tesla rose 25% of the total float in the period that ended December 15. Some investors have made a large bet that Tesla shares will fall.
The holiday season is expected to drive full-year new car sales in the United States to as much as 17 million.
Kelley Blue Book has put together a list of the best lease, financing and purchase deals available for the final two weeks of December.
GM's efforts to turn around its European operations have suffered another blow as sales of Opel plunged in November.
Tuesday's top analyst upgrades and downgrades from 24/7 Wall St. include Crox, GM, MGIC Investment, Microsoft, Nike, Rite Aid and SunPower.
One of the causes of the deep losses that drove GM and Chrysler into Chapter 11 where the high wages and benefits the UAW had negotiated.
Douglas A. McIntyre The new car/used car problem plagues many dealers and many brands, especially Cadillac.
Douglas A. McIntyre Makers of hybrid and electric cars never saw $2 gasoline prices coming. Some of the most popular cars in America could see sales erode considerably.
A new research report from Merrill Lynch highlights the firm's top picks in industrials and basic materials. These have the biggest upside potential for 2015.
FCA, as Chrysler is now called, set a new post-IPO high of $13.54 shortly after the noon hour on Wednesday.
Two of the three big U.S. automakers have put up big numbers this year in sales of pickup trucks.
