Aluminum and Nickel Prices Surge

Aluminum jumped up to 4.8% to $3,449 a ton on the London Metal Exchange, while nickel rose to the highest level since 2011.

Slim Inventory and High Prices to Cause Dip in January Vehicle Sales

Industry analysts predict U.S. auto retail sales will dip in January as manufacturing slows.

New-Vehicle SAAR Falls Below 17 Million in August, Manheim Reports

ATLANTA — The seasonally adjusted annual rate (SAAR) for new vehicles fell below 17 million for the second time this year in August, according to Manheim. The firm, however, said the drop should not be cause for concern, noting that it “may be a good think.” A lower SAAR, the company stated, points to manufacturers ... Read More »

NADA Maintains 17.7 Million Sales Forecast for 2016

KBB Releases List of Best Family Cars of 2016

IRVINE, Calif. — Kelley Blue Book released its list of the 16 Best Family Cars of 2016. The list contains three minivans, six sedans, three two-row crossover/ SUVs and four three-row SUVs. “For two weeks’ time we drove, lived with, folded down seats of, paired phones to and installed baby seats in each and every one ... Read More »

Fiat Chrysler Wants to collaborate With Others on New Vehicles

Fiat Chrysler Automobiles Chief Executive Sergio Marchionne said his company is in talks with other automakers to share the costs of developing new vehicles and technology, particularly to cut greenhouse gas emissions, and called on the United States to ease fuel economy targets for 2025, reported Reuters. “I think (automakers’) costs … (are) well in ... Read More »

California on Track to Sell 1.8 million New Units in 2014

SACRAMENTO, Calif. — New-vehicle registrations in the state continued to improve during the first half of 2014 vs. 2013, according to a report from the California New Car Dealers Association (CNCDA). With an increase of 7.3% this year, California’s sales are still on track to approach 1.8 million new units. California also continues to outpace ... Read More »