Tag: automakers&#039

04 APR

Automakers' March was like a lion, including 45 percent Jeep sales spike

DETROIT — Major automakers on Tuesday reported higher new vehicles sales for March on the back of a strong U.S. economy and big consumer discounts, sending shares in Detroit’s automakers up. Industry sales in March rose 2.5 percent to 1,653,529, according to Autodata, which said the seasonally adjusted annual rate for the month was a […]

02 MAY

As automakers' April sales fall, Wall Steet worries the boom is over

DETROIT (Reuters) – Major automakers on Tuesday posted declines in US new vehicle sales for April in a fresh sign the long boom cycle that lifted the American auto industry to record sales last year is losing steam, sending carmaker stocks down. The drop in sales versus April 2016 came on the heels of a […]