Analysts Lower 2017 Car Sales Estimates, Posing Implications for Economy
After years of growth, auto sales are decelerating, posing a challenge to future momentum for the economy. Wall Street has taken notice as well.
After years of growth, auto sales are decelerating, posing a challenge to future momentum for the economy. Wall Street has taken notice as well.
Ford sold more than 76,000 F-Series pickups in May, easily topping sales from GM and Fiat Chrysler. For the year to date, the F-Series has sold more than 350,000 units, up 8.5%…
When automakers report new car sales for May on Thursday, analysts are looking for a slight improvement over April sales, but a decline compared with May 2016.
Fiat Chrysler has fought a losing uphill battle to sell its Fiat models in the United States. A prime example is that it takes Fiat an astonishingly long time to sell a…
Mark Fields will be fired as Ford chief executive officer and replaced by Jim Hackett, who runs the Ford autonomous car division.
Ford CEO Mark Field's plans have not impressed investors — again. He laid off 1,400 of the company's salaried workers in Asia and North America. Ford's stock promptly hit a 52-week low.
Ford maintained its grip on the title of best-selling pickup again in April, but the F-Series pickups lost some market share to competitors.
Toyota, Honda and BMW are coming under investigation in the United States for potential patent law violations.
Automakers report April new car sales next Tuesday. Analysts see total volumes lower than last year and last month. Incentives remain high and inventory turnover is stalled.
April U.S. car sales likely sputtered. The weakening is another sign that auto sales will drop in 2017 compared to 2016. It will be the first year-over-year drop since 2009, which was…
Ford vehicle sales in China dropped 21% in the first quarter of 2017. In contrast, total car sales by all makers rose by about 7%.
Kelley Blue Book has passed out awards for what it considers the best non-luxury car brands, best trucks and best luxury car brands.
Sales of Nissan's Rogue, its mid-sized crossover, rose almost 50% in the first quarter of the year. The improvement made it the fourth best-selling car in America.
Pickup sales may account for more than 60% of all light vehicle sales in the month of March. Ford's F-Series trucks added to its market share lead last month.
Harley-Davidson has decided to flank the companies at the lower end of the market, in an attempt to break out of its current niche.