LONDON, April 17- With many of Britain's classic car brands now foreign-owned, fund managers and brokers are turning to domestic-listed dealerships to cash in on resurgent car sales and wage growth in the UK without investing abroad. Data this month showed that UK new car registrations rose 6 percent in March, setting a record for the month this century, while...» Read More
Auto recalls are adding momentum to a broad industry shift away from conventional ignition switches.
TrueCar forecasts the latest pickups from Ford and Ram will be the most popular models sold among all vehicles with prices over $50,000.
MOSCOW, Dec 8- New car sales in Russia were down 1.1 percent year-on-year in November, the Association of European Businesses lobby group said on Monday, after a 9.9 percent decline in the previous month.
In the latest sign Americans are comfortable paying more for what they'll drive, the country is on the cusp of major milestone.
Roughly 85 percent of the vehicles Nissan expects to sell in the U.S. next year will be produced in North America.
With auto sales accelerating, Mike Jackson, AutoNation CEO, breaks down their strong auto sales numbers for November and provides his forecast for 2015.
DETROIT, Dec 2- The top six automakers sold more cars and trucks in November than analysts expected, with a healthy economy, generous discounts and low fuel prices luring consumers into U.S. showrooms. "This sustained demand for new vehicles was building for years during the recession, and it should continue unless a major shift in economic stability occurs," said...
WASHINGTON, Dec 2- U.S. construction spending recorded its largest gain in five months in October, easing concerns of a sharp slowdown in fourth-quarter economic growth. "The economy is on firmer ground than people think, it remains a beacon of light in a world where growth in many countries remains subpar," said Chris Rupkey, chief financial economist at MUFG Union...
DETROIT, Dec 2- Five of the top six automakers sold more cars and trucks in November than analysts expected, with a surging economy, heavy discounting and falling fuel prices luring consumers into U.S. showrooms. Chrysler Group sales rose 20.1 percent to 170,839 vehicles on strong showings by its Jeep brand and Ram pickup trucks, the unit of Fiat Chrysler...
CNBC's Phil LeBeau reports Toyota's November auto sales in the U.S. increased 3.0% .
CNBC's Phil LeBeau takes a look at the hot month of November for the automobile manufacturers.
DETROIT, Dec 2- Detroit automakers sold more cars and trucks in November than analysts expected, as a surging economy and falling fuel prices helped drive sales of big pickups and SUVs. GM said its average transaction prices were a record $35,600, up $790 per vehicle from October and up $3,100 from a year ago. Chrysler Group sales rose 20.1 percent to 170,839, on...
General Motors November auto sales beat estimates and increased 6.5 percent, reports CNBC's Phil LeBeau.
CNBC's Phil LeBeau reports Ford November auto sales declined 1.8%.
DETROIT, Dec 2- Chrysler Group U.S. auto sales rose 20 percent in November on strong showings by its Jeep brand and Ram pickup trucks, the unit of Fiat Chrysler Automobiles NV said on Tuesday. Eleven Chrysler Group models set sales records for November, the automaker said. A Thomson Reuters survey of 41 industry economists and analysts showed expectations of 16.7...
Automakers are gearing up for greater electric, fuel-cell and hybrid vehicle production.
Whether it's a new or used vehicle, Americans spend more than ever, according to a report from Experian Automotive.
Welcome to Black Friday, the fastest growing day for auto sales.
*Performance division sees strong demand from US, China. AMG sales may jump by more than a quarter to more than 40,000 vehicles this year alone, especially due to demand from the United States and China, division chief Tobias Moers said on Thursday. The AMG unit's high-performance cars, including Mercedes's top-of-the-line GT model unveiled in September, cast a...