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FCA Car buyers are always looking for a good deal, especially during Black Friday. Kelley Blue Book, the vehicle valuation and automotive research company, recently released a list of attractive SUV and car deals that are available through November 30, 2018. Many of these deals offer more than $ 4,000 cash back or leases that […]
Matthew DeBord/BI The RAM full-size pickup is the perennial third-best-seller in the US, behind the Ford F-150 and the Chevy Silverado. We spent a week with a well-appointed version of the truck. And we were mighty impressed. We certainly live in a Golden Age for luxury pickups, which are becoming America’s latest obsession. Detroit can’t sell […]
Matthew DeBord/BI Ford announced that it’s reducing its commitment to passenger cars. For over a year, the auto industry has been grappling with a market shift toward pickup trucks and SUVs. Ford hasn’t followed Fiat Chrysler Automobiles in deciding that passenger cars are all-but dead in the US market. Fiat Chrysler Automobiles CEO Sergio Marchionne, […]
REUTERS/Paulo Whitaker US auto sales rose more than expected in October. Ford, among the major manufacturers that topped forecasts, was supported by strong truck sales. September was the strongest month of this year for the auto companies. They benefitted as people replaced cars that were salvaged by recent hurricanes. This bump could persist for a few […]
Scott Olson / Getty Images The major carmakers on Tuesday are reporting their sales performance in September. The Detroit Big Three — Ford, GM, and Fiat Chrysler — topped analysts’ forecasts for the month after Hurricane Harvey slowed sales in late August. Analysts forecast that overall, sales in September rose at a seasonally adjusted annual rate […]
AP US automakers reported weaker sales than forecast for August as Hurricane Harvey slowed purchases towards the end of the month. Sales rose at a seasonally adjusted annual rate of 16.14 million, according to AutoData, below Bloomberg’s consensus forecast for 16.60 million vehicles. Here’s the scoreboard: Ford: -2.1% (-3.5% expected) Fiat Chrysler: -10.6% (-5.9% expected) GM: +7.5% […]
Major carmakers will on Monday release their US auto sales data for June. Economists forecast that total vehicle sales rose at a seasonally adjusted annual rate of 16.58 million, according to Bloomberg. That’s little changed from May. Auto sales have slowed this year following seven straight years of record-setting volumes. And this suggests that the market […]
The automotive industry has experienced some incredible growth over the past couple of years. In the US alone, more than 30 automotive brands vie for the 17 million autos that are sold each year. Around the world, even more brands are selling everything from tiny economy cars to million-dollar exotics for the world’s plutocracy. But […]
Justin Sullivan/Getty Automakers reported April sales results on Tuesday, posting declines from last year’s record pace that were worse than Wall Street had expected. Auto analysts were certain that sales would decline, because, well compared with last year’s torrid pace there was really nowhere else to go. In fact, if April ’17 sales had somehow matched […]
Damian Dovarganes/AP Carmakers will release their sales numbers for April throughout Tuesday. Analysts forecast a fourth straight monthly decline for sales, signaling that the market may have peaked after seven straight years of record sales. According to Bloomberg, total vehicle sales are estimated at a seasonally adjusted annual rate of 17.10 million. That would be […]
