
January Auto Sales Chilled
The month is set to be off last year, J.D. Power predicts, though its full-year outlook is less gloomy, and dealer profits are up despite the odds.
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The month is set to be off last year, J.D. Power predicts, though its full-year outlook is less gloomy, and dealer profits are up despite the odds.
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Volkswagen plans to decide on location for new plant and increase production output in the second half of 2022, reports company officials.
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The Company intends to terminate all of its pending acquisitions in accordance with the terms of their respective acquisition agreements, primarily due to the inability to secure financial commitments and close within the timeframes set forth in such agreements.
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In the most recent Auto Market Report video, Cox Automotive Chief Economist Jonathan Smoke notes that 2022 has started slower for the U.S. economy and for vehicle sales.
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The rate of week-over-week declines has accelerated, exceeding the typical seasonal expectations for this time of year.
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Tesla’s Model Y could overtake BMW as the top-selling luxury model when its plant opens in Texas.
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Total losses add up to $300 million, with a $155 million hit to automakers and $145 million in lost direct wages.
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The auto retailer reports sales jumped 34% in the fourth quarter and soared 51% for the year.
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Tight supply and lower production helps the companies sell vehicles with fewer financial incentives than they traditionally offer.
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Take steps to combat competitive insurgency strikes to protect your business.
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GM entered a deal with semiconductor chip manufacturers to keep its North American assembly lines in production.
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