Blizzard Hurt January Car Sales, but Fiat Chrysler Thrives
The blizzard that shut down parts of the states from Kentucky to Rhode Island affected cars sales, according to Kelley Blue Book.
The blizzard that shut down parts of the states from Kentucky to Rhode Island affected cars sales, according to Kelley Blue Book.
Perhaps not surprisingly, in early January, short interest was on the rise for most of the top six most heavily shorted stocks traded on the New York Stock Exchange.
United Autoworkers members who work for Fiat Chrysler Automobiles will be getting profit-sharing checks in amounts of up to $4,000 as a result of the company's 2015 financial performance.
The United States had a record year for auto sales in 2015, the industry's best performance since the Clinton administration.
The European Automobile Manufacturers Association reported that new vehicle registrations in the European Union rose more than 9% in 2015 and were up more than 16% in December.
On Wednesday, two of the company's dealerships filed a lawsuit against Fiat Chrysler alleging that the company offered dealers money in exchange for reporting false sales figures.
Car and light truck sales in the United States during 2015 reached 17,47 million, but just a few cars and pickups dominated sales.
Because pickup trucks are the best-selling vehicles at all Detroit Three automakers, the Ford F-Series trucks are the best-selling vehicle of any kind in the United States for the 34th straight year.
Year over year, sales rose 13% at Fiat Chrysler in December to 217,527 units, the company's best December sales level in 90 years.
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Recent ACSI survey results are generally bad for the auto industry. Here are the highest and lowest rated car brands.
After a slow start to 2015 sales, the Ford Motor Co. (NYSE: F) F-150 is slated to be the best-selling car, a position it has held for decades. Ford sold 65,192 of…
Sales of cars and light trucks in December are expected to be enough to pull U.S. sales to an all-time annual high.
General Motors placed no vehicles on either the latest IIHS Top Safety Pick or Top Safety Pick+ list.
The Insurance Institute for Highway Safety has released its 10th annual list of top safety picks for model year 2016 vehicles, and the manufacturer with the most top picks is Toyota.