Honda Motor Co., Ltd. (ADR)
NYSE: HMC
$37.28
Closing price March 25, 2024
Google loses major copyright case, Moody's downgrades Tesla, Apple plans to move back into the education sector, and other important headlines.
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Volkswagen is expected to show-off a pickup truck concept at this week's New York auto show that is aimed at the U.S. market.
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For those who are not a fan of either the president or of U.S. stocks, or both, due to the current political and economic climate, we have an alternative.
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Ford's F-Series pickups have once again maintained a firm grip as the best-selling vehicles in the United States. Competitive offerings from GM and FCA were slaughtered last month.
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According to a major car industry research firm, U.S. new vehicle sales will drop 4% in February, another sign the American car market peaked in 2016 and 2017.
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One thing is for certain. The Fiat brand faces the same problems this year as it did last.
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Americans bought about 2.5 million new full-size pickup trucks in 2017. The sales leader was once again the Ford F-Series with nearly 900,000 units sold for the year.
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U.S. car sales are expected to fall in December compared to last year. However, it should be a record month for 2017.
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December car sales are expected to fall nearly 6% compared to December last year. That will not keep 2017 sales from being near record levels.
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U.S. new car sales in November totaled 1.4 million units, the second-best November ever, trailing only last year.
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Ford widened its market share lead in pickup trucks last month, nabbing nearly 41% of total pickup sales from the Detroit 3 automakers.
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Toyota and Fuel Cell Energy are building a fuel cell power generation plant at Toyota's facilities at the Port of Long Beach. The plant will generate electricity, hydrogen, and water.
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Total full-size pickup truck sales rose slightly year over year in October, with Ford once again leading in market share.
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With the average age of a vehicle in the U.S. fleet rising as prices for new cars, SUVs and pickups rise, how long can a driver expect a hybrid electric or full electric car to last?
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Japan-based automakers built nearly 4 million vehicles in the U.S. last year and directly employed more than 90,000 U.S. employees.
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