BMW chases volume growth in large cars, less so in small onesWed, 22, Mar 2017
BMW is chasing volume growth mainly in the large car and SUV segments, while the less profitable small car segment is not being pushed as hard, CEO Harald Krueger said.
Car stocks swell, led by GM'sMon, 13, Mar 2017
Automakers and dealerships face a growing glut of passenger cars as U.S. consumers' purchases swing to light trucks faster than automakers can adjust production.
Ohio collector to auction 700 antique, classic cars in mid-JulySat, 04, Mar 2017
When Ron Hackenberger was 15, he borrowed money from his grandfather to buy his first car: a 1948 Studebaker. Then he kept buying. In July, the 81-year-old collector will auction about 700 other vehicles.
U.S. sales slip again but SAAR remains strongWed, 01, Mar 2017
U.S. light-vehicle sales, hurt by a slump in car demand, slipped 1.1 percent in February as higher incentives and Presidents' Day promotions failed to help the industry rebound from January's dip. But the SAAR remained strong at 17.57 million. GM, Honda and Nissan, helped by strong truck demand and more generous discounts, posted higher sales, while weak car shipments dented Toyota, Ford, Hyundai-Kia and FCA volume.
Industry’s record run still has legsMon, 06, Mar 2017
Big discounts and high inventories, a toxic combination for the auto industry in the past, pose less danger today because a healthy economy is keeping U.S. sales at a near-record pace, analysts say.
FCA program boosts store’s salesMon, 06, Mar 2017
By tapping a Fiat Chrysler program, an Iowa dealership has boosted both new and certified pre-owned vehicle sales.
Millennials aren't so car-averse after allMon, 06, Mar 2017
After years of hand-wringing on the part of automakers and dealers, the results are finally in: Millennials -- wait for it -- also like to buy new automobiles.
Used-car depreciation to accelerateMon, 06, Mar 2017
Vehicle depreciation will reach 17.8 percent this year, up from 17.3 percent in 2016 and toward the high end of pre-recession annual depreciation, a report says.
GM's Maven begins offering 28-day rentalsFri, 03, Mar 2017
Maven, General Motors' car-sharing service, opened a four-week rental plan through a program called Maven Reserve, expanding its previous maximum rental by 24 days.
Crossovers could zoom past cars this yearMon, 06, Mar 2017
We know you know this already: Sales of light trucks are tearing it up while car sales keep sliding. Still, we can't resist hauling out new statistics to underscore the trend.
Tesla overcomes China stumbles as sales triple, pass $1 billionThu, 02, Mar 2017
Tesla's revenue from China last year tripled to more than $1 billion, indicating better traction in the market CEO Elon Musk predicted could eventually become the company’s biggest.
TOYOTA: Light trucks fail to overcome car slumpWed, 01, Mar 2017
Toyota's U.S. light-vehicle sales declined 7.2 percent last month, with strong SUV, crossover and pickup demand failing to offset steep declines in cars.