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Q2 auto sales roundup: Toyota, BMW sprint ahead
18 Jul 2024 16:43 GMT
Thanks, in part, to growth in electric vehicle sales, Toyota Motor North America and BMW of North America closed out Q2 ahead of the pack.
Many automakers and their dealers ended Q2 on a sour note after CDK Global’s cyberattack stalled sales for nearly two …
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Auto sales '24: The market's biggest winners, losers and movers (so far)
14 Jul 2024 09:02 GMT
Like a game of Twister, the auto industry is stretched in all different directions these days.
Manufacturers must pump out popular, internal-combustion vehicles to meet customer needs even as they satisfy government demands for electric vehicle sales. …
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Bumpy ride: First-quarter auto sales reflect a shifting market
04 Apr 2024 22:06 GMT
The auto industry is traveling a bumpy path to recovery since the pandemic as most makers reported first-quarter sales gains with three notable exceptions: General Motors Co., Stellantis NV and Tesla Inc., all of which saw declines.
Toyota Motor Corp., …
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Cooling electric car sales force Tesla, Ford, and GM to rethink investments
05 Nov 2023 14:45 GMT
After years of pumping cash into the sizzling electric-vehicle (EV) market, Tesla and other major car makers are facing a new dilemma: What to do when demand chills.While the battery-powered vehicle market is still expanding, the pace of growth has slowed …
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GM, Toyota See Big Gains in US New Car Sales, Defying Headwinds
03 Oct 2023 20:10 GMT
… -digit gains in US new car sales for the just-ended quarter … and close to 1,200 Hummer pickups in the quarter, but …
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Biden Admin. Wants Rules to Push Electric Car Sales to 10X Current Levels
09 Apr 2023 19:11 GMT
… .
Joe Biden and an Electric Hummer (MANDEL NGAN /Getty)
Connecticut … to 67 percent of new car sales by 2032, the sources added …
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U.S. Auto Sales Grow In Q1 As Inventories Rise, Led By 18% Jump For GM
03 Apr 2023 20:01 GMT
U.S. auto sales rose more than expected in … Cox Automotive. The results show auto sales volume, as well as sales … -gen EVs, GM sold two Hummer EV trucks, a sharp drop … on Friday.
2023 U.S. Auto Sales
After a strong start to …
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Car sales expected to rise this year as inventories improve despite high prices, interest rates
31 Mar 2023 18:35 GMT
… single-digit percentage increase in auto sales this year after two years … electric vehicles, including the GMC Hummer EV and Cadillac's …
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US auto sales up 7.5% in 1Q; interest rates hit 15-year high
03 Apr 2023 22:18 GMT
DETROIT – U.S. new-vehicle sales rose 7.5% in the first quarter as supplies improved and sky-high prices eased a bit while the global shortage of computer chips started to wane.
But the average auto-loan rate hit 7% during the quarter, leaving open the …
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Auto Sales Withstand Higher Interest Rates, So Far
03 Apr 2023 15:13 GMT
Automakers have mostly overcome the supply-chain challenges that upended production early in the pandemic. Now they are trying to weather a new challenge: higher borrowing costs for their customers.
General Motors and several other automakers reported on …