Cadillac roars ahead with ads despite no new models to pitch
New products are the lifeblood of auto marketing, a category typically driven by vehicle launches. But what happens when there's no new model to pitch?
Ford seen as ‘canary’ with record leases spurring used-car glut
A glut of used vehicles has started to depress prices. That trend will intensify as Americans will return 3.36 million leased cars and trucks this year, another jump after a 33 percent surge in 2016, according to J.D. Power. The fallout has already begun, with Ford shaving $300 million from its financial-services arm’s profit forecast for this year.