Specialty Retail Automotive Retail

  • SINGAPORE, Jan 5- Oil prices were firm on Thursday, buoyed by data showing a fall in U.S. crude inventories and by record car sales in the United States. Traders said that WTI had been lifted by a report by the American Petroleum Institute stating that U.S. crude inventories fell 7.4 million barrels in the week ended Dec. 30 to 482.7 million, compared with analyst...

  • Automakers sold around 1.95 million units in Canada last year, up about 3 percent from another record year, 2015, auto analyst Dennis DesRosiers and Scotiabank Senior Economist Carlos Gomes wrote in notes to clients on Wednesday afternoon. December sales in Canada declined around 3 percent on an annual basis because of weaker demand for cars, they wrote.

  • DETROIT, Jan 4- U.S. sales of new cars and trucks hit a record high in 2016, automakers said on Wednesday, and investors bid up shares in the sector as strong consumer confidence and relatively low fuel prices bolstered the industry's outlook. Autodata Corp said 2016 U.S. auto sales of 17.55 million were 0.4 percent higher than the previous record set in 2015..

  • DETROIT, Jan 4- U.S. sales of new cars and trucks hit a record high in 2016, automakers said on Wednesday, and investors bid up shares in the sector as strong consumer confidence and relatively low fuel prices bolstered the industry's outlook. Shares of General Motors Co rose 5.5 percent and Ford Motor Co 4.6 percent, far outpacing the wider Dow Jones Industrial...

  • DETROIT, Jan 4- U.S. auto sales rose 0.4 percent in 2016 and set an annual record high of 17.465 million vehicles, from 17.396 million in 2015, WardsAuto reported on Wednesday.

  • MONTREAL, Jan 4- Ford Motor Co on Wednesday said 2016 was its best year for Canadian sales since 1989, fueled by demand for pickup trucks and SUVs, while Fiat Chrysler Automobiles reported a 4 percent decline in sales last year, compared with 2015.. Ford said in a statement it sold 304,618 vehicles in Canada in 2016, up 9.4 percent compared with 278,531 units in 2015.

  • DETROIT, Jan 4- Sales of new cars and trucks in the United States likely set new records for December and the full year, automakers said on Wednesday, and investors bid up shares in the sector as strong consumer confidence and stable fuel prices bolstered the industry's outlook. The F-series was the best-selling model line in the United States last year, for the...

  • A man rides a bicycle past the entrance to Takata Corp.'s Nagahama plant in Nagahama, Shiga, Japan, on Friday, Nov. 25, 2016.

    Takata may plead guilty to criminal misconduct after its air bags were linked to a number of deaths and injuries, WSJ reported.

  • DETROIT, Dec 22- WardsAuto on Thursday forecast that December U.S. auto sales would be down slightly from a year ago, and show a seasonally adjusted annualized sales rate of 17.7 million vehicles. Also earlier Thursday, auto industry consultancies J.D. Power and LMC Automotive forecast that December U.S. auto sales would fall about 2 percent, and that 2017 sales...

  • DETROIT, Dec 22- WardsAuto on Thursday forecast December U.S. auto sales to be down slightly compared with those of a year ago, and show a seasonally adjusted annualized sales rate of 17.7 million vehicles.

  • DETROIT, Dec 22- U.S. auto sales will probably decline slightly for December as consumers keep snubbing sedans despite record consumer discounts, industry consultancies J.D. Power and LMC Automotive said on Thursday in a forecast that highlights the pressure on Detroit automakers. Detroit automakers are moving to cut production of certain vehicles,...

  • DETROIT, Dec 22- U.S. auto sales will narrowly reach a new record this year, topping last year's by a mere 5,000 vehicles, despite a 2.2 percent decline this month from a year earlier, industry consultancies J.D. Power and LMC Automotive said on Thursday. For 2017, J.D. Power and LMC said sales will remain robust, but dip about 25,000 vehicles, ending at between 17.4...

  • DETROIT, Dec 22- U.S. auto sales will eke out a new record this year, topping last year's by a mere 5,000 vehicles, despite a 2.2 percent decline this month from a year earlier, industry consultancies J.D. Power and LMC Automotive said on Thursday. Consumer discounts will show a record high of more than $4,000 per auto in December, when sales will be 17.5 million...

  • President and CEO of Hyundai Motor America David Zuchowski

    Hyundai cut its U.S. CEO for failing to meet internal sales goals, however, Hyundai sales in the U.S. this year are up 2.1 percent.

  • Dec 19- Honda Motor Co Ltd said customer deliveries of its hydrogen fuel-cell car, dubbed Clarity Fuel Cell, began on Monday at select Honda dealerships across Southern California. Honda is one of the latest automaker to bring a small number of hydrogen-powered vehicles to market amid increasing zero emission vehicle mandates from California and other U.S....

  • TOKYO, Dec 15- Toyota Motor Corp on Thursday said it anticipates a 1 percent rise in global vehicle sales next year, as growth in North America, China, Europe and Asia prompts a recovery from a 1 percent slide in sales this year. Toyota expects sales to increase in its main markets next year due in part to new additions to its model line-up, including the C-HR compact...

  • Season 2 | Episode 212 | Aired 12-14-2016

  • The Chevrolet Bolt EV is displayed during the Los Angeles Auto Show at the Los Angeles Convention Center on November 20, 2016 in Los Angeles, California.

    Chevy's delivery of the Bolt puts the automaker ahead of its self-imposed deadline to begin sales of the vehicle before year's end.

  • DETROIT, Dec 8- U.S. auto sales will fall to about 17.2 million new vehicles next year from an expected 17.4 million in 2016, to be followed by further softening in 2018, industry consultant and publication WardsAuto said on Thursday. WardsAuto analyst Haag Stoddard said 2018 will be the near-term low for U.S. sales, and that they will rise slightly in 2019, but...

  • Season 2 | Episode 211 | Aired 12-07-2016