After Jimmy Fallon said he's thinking about buying a truck, four automakers have reached out to sell him one.» Read More
TORONTO, Jan 3- Ford Motor Co's Canadian arm sold fewer vehicles in December than a year earlier but held its position as the country's best-selling automaker in 2013 as truck sales helped it notch overall growth of 2.7 percent, the company said on Friday.
The top four U.S. automakers missed December sales expectations, but 2013 will easily be the industry's best year since the recession.
*GM, Ford, Toyota, Chrysler December U.S. sales all miss. *Toyota sales down 1.7 percent. General Motors Co said that the U.S. auto industry will have December U.S. auto sales at a 15.6 million-vehicle annualized selling rate, well below the 16 million vehicles expected by 27 economists surveyed by Thomson Reuters.
*Chrysler sees 1 percent gain in overall U.S. auto sales. DETROIT, Jan 3- Chrysler Group LLC on Friday said that late-month snow and ice storms pressured U.S. auto sales, causing the industry to show only a 1 percent gain over last year, missing expectations of a 4 percent increase.
DETROIT, Jan 3- Chrysler Group LLC on Friday reported a 6 percent gain last month in U.S. auto sales, its best December since 2007, but still narrowly missed analyst expectations. Economists surveyed by Thomson Reuters see the annualized sales rate for December at 16 million vehicles, a level that has been topped only in November and August last year.
*Volkswagen retains crown with most new registrations. German mass market brand Opel, owned by General Motors, lost 2.9 percent market share last year while Volkswagen sales fell by 4.6 percent in its home market.
Fiat has gained control of Chrysler by purchasing the remaining stake for over $4 billion. CNBC's Phil LeBeau reports Fiat shares post their biggest one day gain since April of 2009.
Fiat has officially gained full control of Chrysler after purchasing the remaining stake for over $4 billion. CNBC's Phil LeBeau reports.
SEOUL, Jan 2- South Korean auto makers Hyundai Motor Co and Kia Motors Corp are bracing for their most sluggish growth in annual sales since 2003 as the weakening of the yen fuels exports from Japanese rivals.
SEOUL, Jan 2- South Korean automaker Hyundai Motor Co and its affiliate Kia Motors Corp aim to boost global sales by 4 percent this year to a combined 7.86 million vehicles, the pair said in regulatory filings on Thursday.
IHS predicts 9 percent of global auto sales will be self-driving cars in 2035. Justin Berkowitz, Car & Driver magazine, provides perspective on the prediction, and what may happen to electric cars in 2014.
CNBC's Phil LeBeau provides the automotive retail outlook look for the New Year. There will be 66 brand new or completely redesigned models rolling into show rooms in 2014.
The week after Christmas does not only offer good retail deals, it's also the best time of the year to buy a car. CNBC's Mary Thompson reports.
DETROIT, Dec 31- Sales of vehicles able to drive themselves will account for about 9 percent of global auto sales in about two decades, according to a forecast published on Tuesday by auto industry consultant IHS Automotive. The study focused on autonomous cars, which can drive with "no attention needed by the driver," IHS analyst Egil Juliussen said.
DETROIT, Dec 30- December U.S. auto sales, spurred by end-of-the-year bargains, likely rose about 4 percent from a year earlier, industry analysts said.
What will inspire consumers to buy cars next year? Kelley Blue Book analyst Karl Brauer says there is still a "dam waiting to burst" in the auto market.
What to expect from the auto sector in 2014, with Efraim Levy, S&P Capital IQ equity analyst, and Ed Hellwig, Edmunds.com senior editor.
Was CNBC's Phil LeBeau correct when he forecast that auto sales would surge past $15 million in 2013, and that Lincoln and Cadillac would remain stuck in neutral. He also shares his predictions for 2014.
A group of Ohio car dealerships has become the latest group to sue Tesla over its direct-to-consumer business model.
Tim Doran, Ohio Automobile Dealers Association president, discusses his lawsuit that aims to block auto maker Tesla from setting up shop in Ohio. Doran says Tesla has not followed proper licensing statute when it opened its motor vehicle franchise.