DETROIT, Aug 27- This week's fall in equities markets is not expected to have a major impact on August U.S. auto sales, industry consultants J.D. Power and LMC Automotive said on Thursday. This is "due to a quirk in the calendar" that pushes results of Labor Day weekend sales into September, JD Power and LMC said. While Labor Day is always in September, automakers normally...» Read More
The results dismissed warnings from skeptics, who have suggested the aluminum panels are not strong enough to protect passengers.
Nearly one out of every four vehicles in the U.S. was built before the year 2000, according to new data from IHS Automotive.
General Motors is investing $5 billion in a new family of vehicles targeting many of the world's fastest-growing emerging auto markets.
July 28- Sirius XM Holdings Inc raised its full-year forecast for revenue and subscriber additions for the second time in a row, citing strong U.S. auto sales. The company also raised its revenue forecast for 2015 to $4.5 billion from $4.47 billion earlier. The company's net income fell to $102.8 million in the second quarter ended June 30, from $120 million a year...
July 28- Sirius XM Holdings Inc reported an 8.5 percent rise in quarterly revenue as strong U.S. auto sales helped it add more paying subscribers for its satellite radio service. The company's net income fell to $102.8 million in the second quarter ended June 30, from $120 million a year earlier. Revenue rose to $1.12 billion from $1.04 billion, the company said.
Fiat Chrysler's record fine will not break the automaker. Nor is it likely to hurt sales, according to one market analyst.
Recent Fiat Chrysler recalls are raising major safety concerns about several of the automaker's models.
GM CFO Chuck Stevens says demand for new vehicles remains strong in North America after the automaker reported a profit beat.
Other states are more lenient on offending motorists.
One of Apple's most recent auto industry hires is raising eyebrows because of his bumpy tenure while at Fiat Chrysler.
The average American hasn't changed auto insurance companies in 12 years, according to a new survey.
M City's 32-acre closed environment test site includes four miles of roads.
The recent Total Quality Index found Fiat Chrysler the industry's top-ranked car manufacturer, The Detroit Bureau reports.
Though technology for self-driving cars is quickly being developed, a new survey has found that most people have reservations.
Lindsey Bell, Senior Analyst at S&P Capital IQ, explains why she's expecting a monthly increase of 0.3 percent.
Local Motors plans to get into the auto industry next year when it launches what it promises will be the world's first 3-D printed car.
China posted the first decline in monthly auto sales in more than two years.
*China automakers now see 3 pct sales growth in 2015. BEIJING, July 10- China's automakers association cut its 2015 forecast for vehicle sales growth to a meagre 3 percent on Friday as a major slump in the country's stock market depresses sales to consumers concerned about economic prospects. On Friday, CAAM said at a news briefing in Beijing that auto sales in...
If you bought shares of GM when it went public in 2010 at $33, you would be under water.
"I-Road is small, it's easy to get around, it's super easy to park ... so it checks a lot of boxes for the city of the future," says one exec.