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RALEIGH, N.C.-- Tesla Motors is fighting a bill in North Carolina that would effectively ban the company from selling its electric cars in the state, pitting it against auto dealers who say the car maker has an unfair advantage selling directly to consumers online.
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RALEIGH, N.C.-- Tesla Motors is fighting a bill in North Carolina that would effectively ban the company from selling its electric cars in the state, pitting it against auto dealers who say the car maker has an unfair advantage selling directly to consumers online.
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DETROIT, May 23- U.S. auto sales in May are expected to rise 6 percent to 8 percent and the annual sales pace should rebound back above 15 million vehicles after a disappointing result in the prior month, two research reports said on Thursday.
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DETROIT, May 23- U.S. auto sales in May are expected to rise about 8 percent and the annual sales pace should rebound back above 15 million vehicles after a disappointing result in the prior month, two research reports said on Thursday.
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The Raechel and Jacqueline Houck Safe Rental Car Act of 2013 would ban companies from renting a recalled vehicle until the safety hazard is fixed.
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The answer, in the luxury carmaker's German showrooms, is more than it takes to shift an Audi- just part of the cost gap Daimler wants to close with its premium rivals. Among the top three, Mercedes depends on its unprofitable company-owned dealerships for a bigger share of domestic sales than either Volkswagen's Audi or BMW, which rely more on franchises.
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NEW YORK-- A William Blair analyst on Tuesday downgraded CarMax Inc. to "Market Perform" from "Outperform," saying that sales expectations for the used car dealership chain may be too high and pointing to the steep increase in its share price.
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Detroit automakers have begun to close the quality and reliability gap with their rivals, and a new study suggests that domestic models may even be taking the lead in many key market segments. NBC News reports.
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Diarmuid O'Connell, Tesla vice president; and Robert Glaser, North Carolina Automobile Dealers Association president, debate whether the automaker should be able to sell directly to consumers.
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RALEIGH, N.C.-- A bill backed by auto dealers that effectively blocks California's Tesla Motors Inc. from selling in North Carolina has passed the state Senate. The electric car manufacturer says the bill that passed the Senate unanimously Monday effectively bars it from selling to state residents through its Internet-based model.
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LONDON, May 7- New car sales in Britain were nearly 15 percent higher in April than a year ago, according to the Society of Motor Manufacturers and Traders which said sales in 2013 would be stronger than it previously forecast. Rising car sales have provided a rare source of good news in Britain over the past year, while the wider economy dipped in and out of recession.
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LONDON, May 7- New car sales in Britain were nearly 15 percent higher in April than a year ago, according to the Society of Motor Manufacturers and Traders which said sales for 2013 would be stronger than it previously forecast. New registrations have risen strongly since the start of the year, in contrast to falls in Germany-- Europe's biggest car market-- and France.
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One month after rolling out a lease-to-own financing program that generated plenty of attention and bad reviews, Tesla is changing its financing program to be more buyer-friendly.
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*Car sales rise in Germany and Spain. PARIS/ BERLIN, May 3- Car sales rose in Germany and Spain last month, industry data showed on Friday, adding to signs that Europe's austerity-driven auto slump could soon bottom out. Registrations in Germany, the region's biggest market, advanced 3.8 percent for the first gain in six months- and the biggest since December 2011.
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*Car sales rise in Germany and Spain. PARIS/ BERLIN, May 3- Car sales rose in Germany and Spain last month, industry data showed on Friday, adding to signs that Europe's austerity-driven auto slump could soon bottom out. Registrations in Germany, the region's biggest market, advanced 3.8 percent for the first gain in six months- and the biggest since December 2011.
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PARIS/ BERLIN, May 3- Car sales rose in Germany and Spain last month, industry data showed on Friday, adding to signs that Europe's austerity-driven auto slump could soon bottom out.
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BERLIN, May 3- Germany's auto market returned to growth in April as new vehicle sales increased 3.8 percent to 284,000 vehicles, the VDIK industry association for import brands said.
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MADRID, May 3- Spanish car sales rose 10.8 percent year-on-year in April in the first increase since August 2012, boosted by a calendar effect and a sales rebate programme, car manufacturers' association Anfac said on Friday.
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FRANKFURT, May 3- Germany's new car market returned to modest growth in April as the month had one business day more than the year-earlier period and purchases by consumers picked up, a source said. New car registrations edged up by between 1 percent and 2 percent in April, the person, who is familiar with Germany's car data, told Reuters on Friday.
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BEIJING, May 3- Mazda Motor Corp and its China joint ventures sold 12,353 cars in the country in April, down 15.2 percent from a year earlier, the Japanese automaker said on Friday. Mazda makes cars in China in partnership with Chongqing Changan Automobile Co Ltd. It also has a sales venture with FAW Group.
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SYDNEY, May 3- Sales of new vehicles in Australia were up 7.6 percent in April, compared to the same month a year ago, though industry data showed the timing of Easter holidays distorted the result somewhat. For April alone, Toyota retained first place on the sales ladder with an expanded share of 19.9 percent.