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News about auto sales:

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    DETROIT (AP) — In a normal month before the pandemic, Con Paulos’ Chevy dealership in Jerome, Idaho, sold around 40 new vehicles. In September, it was only six. Now he’s got nothing new in stock, and every car, truck or SUV on order has been sold. Last month, what happened at his dealership about 115...
    VIDEO5:1405:14Carlos Ghosn on new book, leaving LebanonThe Exchange Auto executive turned international fugitive Carlos Ghosn believes German automakers are best positioned to challenge electric vehicle leader Tesla. Ghosn, speaking from Lebanon where the former Nissan chairman fled to allude Japanese authorities, mentioned Mercedes-Benz and Volkswagen specifically during an interview Friday with CNBC's Phil LeBeau during...
    Honda Motor Co. vehicles at an AutoNation car dealership in Fremont, California, U.S., on Monday, Feb. 15, 2021. AutoNation Inc. is scheduled to release earnings figures on February 16.David Paul Morris | Bloomberg | Getty Images DETROIT – U.S. auto sales are expected to nosedive in September, driving purchases of new vehicles down in the...
    In this article ZE594-CNBYD's Han electric car, pictured here at the 2021 Shanghai auto show, is one of the most popular new energy vehicles in China.Evelyn Cheng | CNBCGUANGZHOU, China — BYD sold 61,409 new energy vehicles in August, more than four times the amount sold a year ago, as demand for electric cars continues...
    In this article FVIDEO4:1304:13Ford's August auto sales down 33.1%Squawk on the StreetDETROIT – U.S. sales of Ford Motor's new vehicles last month declined by 33.1% from a year earlier due to an ongoing global shortage of semiconductor chips that's wreaking havoc on the automotive industry, the company said Thursday. The Detroit automaker's sales capped off...
    The U.S. has approved licensing applications worth hundreds of millions of dollars for domestic suppliers to sell auto chips to Chinese telecom giant Huawei, two people familiar with the matter told Reuters. Huawei is using the chips to build vehicle components such as video screens and sensors as part of ongoing investment into auto technology,...
    Then Vice-President Joe Biden (R) and General Motors CEO Mary Barra look at the new Corvette C7 attend the North American International Auto Show industry preview at Cobo Hall on January 16, 2014 in Detroit, Michigan.Paul Warner | Getty Images President Joe Biden will set a new national target for the adoption of electric vehicles...
    By Sruthi Shankar and Susan Mathew Jul 23 (.) – European stocks closed at record highs on Friday, as optimism about the earnings season and the European Central Bank’s promise to maintain monetary support offset the risks associated with a resurgence in COVID-cases. 19. * The pan-European STOXX 600 Index rose 1.1% to hit an...
    LIVERMORE —  A big auto mall in Livermore has been bought by a Tennessee-based vehicle sales group that also bought land nearby for possible expansion sites. Livermore Auto Mall, which features Audi, Porsche, Honda, Jaguar, Land Rover, and Subaru dealerships, has been bought by Umansky Automotive Group, according to documents filed on July 1 with...
    More On: general motors GM, Lockheed Martin are developing a lunar rover for NASA Ford unveils electric pickup truck F-150 Lightning General Motors sets goal of going largely electric by 2035 Microsoft, GM’s Cruise team up on driverless cars technology General Motors on Thursday posted a 40 percent jump in second-quarter US sales on strong demand...
    A Totota dealership is seen in Annapolis, Maryland on May 27, 2021, as many car dealerships across the country are running low on new vehicles as a computer chip shortage has caused production at many vehicle manufactures to nearly stop.Jim Watson | AFP | Getty Images DETROIT – Sales of new vehicles in the U.S....
    SHANGHAI (AP) — Volkswagen unveiled an electric SUV made for China ahead of the opening Monday of the Shanghai auto show, the industry’s biggest marketing event in a year overshadowed by the coronavirus pandemic. Automakers are looking to China, their biggest market by sales volume and the first major economy to rebound from the pandemic,...
    In this article FORDVIDEO6:2806:28Chip shortage roils auto production, but GM and Ford could still hold potentialTrading NationGeneral Motors announced a halt in production at several North American plants and Ford announced additional downtime at two plants, the latest disruptions to the auto supply chain because of a chip shortage. Shares for GM were down 1%...
    DETROIT (AP) — U.S. auto sales rose more than 11% in the first quarter, as strong March sales far outpaced last year when coronavirus pandemic began. Automakers sold more than 3.9 million vehicles during the first three months of the year, with several major companies reporting March sales that nearly doubled from the same month...
    MIAMI (CBSMiami) – So, what’s up with auto dealers in the time of COVID? General Manager at Midway Ford, Nestor Mena says, “COVID has changed our business quite a bit, SUVs for families have really skyrocketed for us. Full-sized pickups as well.” READ MORE: COVID In Florida: New Cases, Additional Deaths Reported As things...
    FORT WORTH (CBSDFW.COM) – Capital Murder indictments were issued against Andrew Joseph Vandermeer and Lamont Cousins for a triple homicide inside the building of a used car lot last December. Cousins was arrested a day after the killings on Dec. 15. READ MORE: Huge Uptick In Business Has Storage Units In Short Supply In DFW The...
    WALNUT CREEK — Residents could one day live or work directly above where they buy their next car if an auto dealer’s proposal for mixing dealership office space with hundreds of housing units becomes a reality — an idea that city officials are open to exploring. The City Council on Tuesday took the first step...
    WALNUT CREEK (BCN/CBS SF) — The Walnut Creek City Council on Tuesday unanimously decided to move forward with Toyota Walnut Creek to explore rezoning six acres north of Ygnacio Valley Road into mixed-use buildings with multiple floors of housing or hotel rooms over auto facilities. Councilmembers Cindy Silva and Cindy Darling, both former city planning...
    Two FBI agents killed and others injured in shootout in Sunrise, Florida Andrew Yang Infected; Fauci Talks Up Two Masks: Virus Update Electric vehicles will make up a bigger slice of U.S. retail auto sales, Edmunds says Electric vehicles likely will make up a bigger chunk of retail auto sales in 2021, which is...
    Have auto stock values ​​been sealed off from the chaos of 2020? Not quite, since the collapse in auto sales due to lockdowns and plant closures has given title holders a cold sweat. But the final score of this roller coaster year does not speak to business reality, and even portends surprising investor optimism...
    BERLIN, N.J. (CBS) — Police in Camden County are using DNA analysis to identify the suspect who burglarized and defecated outside of an auto sales business in Berlin. Berlin police say the suspect broke into the Longo and Sons Auto Sales business on Jan. 16 in the early morning hours. The suspect vandalized the property,...
    A minor issue: Moderna needs more adolescent volunteers for vaccine trial Not all Apple Watches work with every iPhone - heres a breakdown of which Watches are compatible with which iPhones With a lot of optimism and vaccine hopes, U.S. auto sales could increase as much as 10% in 2021 Automotive executives and...
    BEIJING (AP) — China’s sales of SUVs, minivans and sedans fell 6% last year compared with 2019 after demand in the industry’s biggest global market first plunged due to the coronavirus pandemic and then rebounded in the second half, an industry group reported Wednesday. In December, sales rose 7.2% over a year earlier to 2.4...
    More On: volkswagen Eight more Volkswagen employees charged in diesel scandal The trouble behind Traton’s offer to buy Carl Icahn-backed Navistar Former Volkswagen CEO to face charges of organized commercial fraud Volkswagen’s new electric car panned by German auto magazine FRANKFURT, Germany — Europe’s push into electric cars is gathering speed — despite the...
    FRANKFURT, Germany (AP) — Automaker Volkswagen tripled sales of battery-only cars in 2020 despite the pandemic as its new electric compact ID.3 came on the market ahead of tough new European Union limits on auto emissions. It’s an early sign of what will likely be an upcoming year of increasing market share for electric...
    By Ban Klayman and Alberto Alerigi | Reuters DETROIT – Ford Motor Co said on Monday it will close its three plants in Brazil this year and take pretax charges of about $4.1 billion as the COVID-19 pandemic amplified the company’s under use of its manufacturing capacity. Production will cease immediately at Ford’s plants in...
    DETROIT (AP) — A widening global shortage of semiconductors for auto parts is forcing major auto companies to halt or slow vehicle production just as they were recovering from pandemic-related factory shutdowns. Officials at Volkswagen, Ford, Fiat Chrysler, Toyota and Nissan all say they have been hit by the shortage and forced to delay production...
    UC San Diego introduces vending machines for COVID-19 tests LIVE UPDATES: Democrats Ossoff and Warnock lead in key Georgia Senate runoffs GM Stages Rebound as Nissan Hits Decade Low: Auto Sales Update (Bloomberg) -- Automakers reported a mixed bag of sales for the last quarter of 2020, with General Motors Co. and Toyota Motor...
    California woman pleads guilty to federal hate crime for threatening to bomb countrys oldest Catholic school for girls China sentences ex-finance chief to death on corruption charge GM Rebounds, Nissan Hits Decade Low: Auto Sales Update (Bloomberg) -- Automakers reported a mixed bag of sales for the last quarter of 2020, with General Motors...
    DETROIT (AP) — Sales of new vehicles in the U.S. fell 14.6% last year, but a second-half rebound from a coronavirus-related plunge in the spring kindled optimism for a recovery later this year. Automakers on Tuesday reported selling 14.57 million new vehicles for the year, a far cry from the five previous years with sales...
    Care now has to be rationed: Los Angeles COVID-19 spike is crushing hospitals US intel agencies say recent US govt hack "likely Russian in origin" Fiat Chryslers U.S. auto sales tumbled 17.4% in Covid ravaged 2020 Fiat Chrysler reported its U.S. sales were down 17.4% last year compared to 2019, including a 7.9%...
    The 2019 Jeep GladiatorMack Hogan | CNBC Fiat Chrysler narrowed its sales losses in the fourth quarter but not enough to avoid what is expected to be one of the worst declines in the auto industry for 2020. The Italian-American automaker's U.S. sales tumbled 17.4% last year compared with 2019, the company said Tuesday. Sales...
    Kraken hire Jason Botterill as assistant GM, Norm Maciver as director of player personnel The Newest COVID Strain Could Weaken the Vaccine, Expert Warns GM, Toyota Thrive as Nissan Licks Wounds: Auto Sales Update (Bloomberg) -- Automakers reported a mixed bag of sales for the last quarter of 2020, with General Motors Co. and...
    Trump blasts nieces conspiracy theories as he seeks fraud lawsuits dismissal Want to be a happier person? The secret may be hidden in these 9 fascinating words from around the world GM, Toyota Year-End Gains Set Upbeat Tone: Auto Sales Update (Bloomberg) -- U.S. auto sales fell in 2020, but the question is by...
    The endless Bruins right winger carousel stops on Ondrej Kase Off-the-radar mountain towns across America GMs U.S. sales rose 4.8% in the fourth quarter in an otherwise dismal year U.S. auto sales for General Motors declined 11.8% in 2020 but showed strong signs of a recovery to end the year. GM reports its...
    2021 GMC Sierra HD pickupGM U.S. auto sales for General Motors declined 11.8% in 2020 but showed strong signs of a recovery in the fourth quarter, the company said Tuesday. GM's domestic sales rose 4.8% during the last three months of last year compared with the same period in 2019. Retail sales for the entire...
    A car dealer shows a vehicle to customers at a dealership in Jersey City, New Jersey.Angus Mordant | Bloomberg | Getty Images Sales of new vehicles in the U.S. are expected to close this year down at least 15%, which would mark one of the industry's worst annual declines since at least 1980. In any...
    The category of new cars costing less than $20,000 has shrunk in recent years, and it may keep younger buyers out of the market for a car, pushing them further toward ride-sharing and other forms of transportation. Data from J.D. Power shows that sales of cheap cars fell off a cliff in recent years, despite...
    Fort Worth police were investigating the apparent shooting death of an employee at a car dealership, according to a report Tuesday. It happened at Bill’s Auto Sales on Monday and the shooting may have been the result of a burglary, according to Fox 4 Dallas. The victim was a woman and police were looking for two...
    By: KDKA-TV News Staff SHALER (KDKA) – Crews are on the scene of a fire at Mark One Auto Sales on Babcock Boulevard in Shaler. According to crews on scene, the fire is contained and there are no injuries to report. The 1400 block is shut down due to the number of crews...
    BEIJING (AP) — China’s sales of SUVs, minivans and sedans rose by double digits in November as the country recovered from the coronavirus pandemic but were below pre-virus levels for the year, an industry group reported Friday. Sales in the industry’s biggest global market rose 11.6% over a year earlier to 2.3 million, according to...
    BEIJING – China’s sales of SUVs, minivans and sedans rose by double digits in November as the country recovered from the coronavirus pandemic but were below pre-virus levels for the year, an industry group reported Friday. Sales in the industry’s biggest global market rose 11.6% over a year earlier to 2.3 million, according to the...
    BEIJING (AP) — China’s sales of SUVs, minivans and sedans rose by double digits in November as the country recovered from the coronavirus pandemic but were below pre-virus levels for the year, an industry group reported Friday. Sales in the industry’s biggest global market rose 11.6% over a year earlier to 2.3 million, according to...
    Coronavirus updates: UK vaccinations begin; Wyoming issues statewide mask mandate; Colorados first gentleman in hospital For millions of Americans, fear over expiring pandemic benefits Electric Cars Lead as China Auto Sales Rise for Fifth Month (Bloomberg) -- Auto sales rose for a fifth straight month in China, fueling optimism that a two-year slump in...
    VIDEO4:3304:33'It's a black eye' for GM's reputation: Fmr. Ford CEO Mark Fields on Nikola's downfallClosing Bell Former Ford Motor CEO Mark Fields told CNBC on Tuesday that the U.S. auto industry was "in a sweet spot" heading into 2021, following a better-than-expected recovery from the coronavirus pandemic. "I think overall the industry is going to...
    U.S. prepares for first COVID-19 shots as another vaccine candidate emerges Live updates: Biden to meet with mayors; Michigan canvassing board plans meeting with unknown outcome Tesla Bull Case Raised to $1,000 by Wedbush Tesla traded higher on Monday after the electric carmaker received another upgrade, this time from Wedbush Securities' Daniel...
    BEIJING – China’s sales of vehicles including trucks and buses rose 12.5% over a year earlier in October as the industry recovered from the coronavirus, but total purchases in the year’s first 10 months still were below pre-virus levels, an industry group reported Wednesday. Sales in the biggest global auto market rose to 2.6...
    BEIJING (AP) — China’s sales of vehicles including trucks and buses rose 12.5% over a year earlier in October as the industry recovered from the coronavirus, but total purchases in the year’s first 10 months still were below pre-virus levels, an industry group reported Wednesday. Sales in the biggest global auto market rose to 2.6...
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