Auto industry research firm truecar.com released its sales and incentives forecast for April today, and the company expects the sales forecast to translate to a seasonally adjusted annual rate of new car…
The largest car dealership in the US, AutoNation Inc. (NYSE: AN) reported earnings this morning for the first quarter. The company posted EPS of $0.56, an all-time high, on revenue of $3.7…
The important Auto China 2012 show has allowed many large manufacturers to increase their commitment to the People’s Republic. It is the world’s largest market for cars and light trucks, with sales…
The important Auto China 2012 show has allowed many large manufacturers to increase their commitment the People’s Republic. This is based on the fact that it is the world’s largest market for…
Car sales by gender in 2011 pretty much reflect what you’d expect. Men prefer fast cars and big SUVs and pickup trucks. Women favor smaller, more fuel efficient vehicles. Men buy 92.5%…
Among the more developed countries of Asia — China, Japan, South Korea, and Taiwan — the top global brand is Apple Inc. (NASDAQ: AAPL) in three and trails only a local brand…
US car buyers purchased 11,642 clean diesel vehicles in March, a rise of nearly 29% over February sales and up nearly 40% year-over-year. Year-to-date US sales of clean diesel vehicles is up…
The European Automobile Manufacturers Association said sales reached a 14-year low in the region in March. Registrations in the European Union plus Switzerland, Norway and Iceland fell 6.6% to 1.5 million cars and…
Charles Blahous, a George Mason University research fellow, reports that the new health care law could add $530 billion to the deficit. (Washington Post) Fed Chairman Bernanke says many banks need larger…
China recently was the most attractive car and light truck market in the world. The Asian nation’s vehicle sales are nearly 18 million a year now, ahead of the second-largest market —…
A federal judge approves a $25 billion mortgage misconduct settlement between the federal and several state governments and Bank of America (NYSE: BAC), Citigroup (NYSE: C), Wells Fargo (NYSE: WFC), JP Morgan (NYSE:…
One more foreign car company will take the chance that the Chinese auto market, the world’s largest, will continue to expand. But car sales have not grown in the past year, and signs indicate they…
The market value of General Motors (NYSE: GM) and Volkswagen, two of the largest car companies in the world, rely a great deal on their dominant positions in the Chinese market. That…
The recent news from Chrysler has been almost all good. U.S. sales rose 40% in February, well outdistancing the improvement for most of its rivals. The car maker repaid $7 billion in…
The CEO of Chrysler said he took no pay in 2011 and that, based on financial results, the company is now worth $7.5 billion. (Reuters) The Treasury will sell $6 billion of…
