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US auto sales were epic in November, but that hasn’t stopped speculation about an expensive ‘transformation’ of the car business
November US auto sales came it at a near-record pace of 17.5 million units. Average sales prices were also extremely high by historical standards.
The automotive industry has not reached ‘peak car’ as some analysts suggest. Here’s what’s really going on.
Even if a recession appears, automakers have ridden out downturns for a century and generally seen sales recover.
Honda's commitment to vehicles like the top-selling Civic is stronger than ever, the company stressed in a presentation shared with Business Insider.
Global stock markets were broadly higher Wednesday after China released positive GDP, industrial, retail and investment data.
In the US, 7 million Americans have gone into "serious delinquency" on their car loans. And in Europe, many people have simply stopped buying cars.
America’s love for SUVs caught US carmakers off guard. Now, overcapacity is looking eerily similar to the era before the auto bailout
Overcapacity is crippling the US automotive industry during what should be a boom time for carmakers.
Critics are once again predicting the US auto industry will tank, but they should be careful of what they wish for
For 2018, automakers again posted near-record US sales. The news was greeted by a round of doomsaying about the 2019 market.
Tesla slid as much as 2.27% early Tuesday after a report said its sales in China crashed 70% in October because of President Donald Trump's trade war.
Ford's sales in China dropped by 43% in September compared with the same month in 2017. The drop was attributed to a combination of Ford's restructuring, a slowing Chinese economy, and the growing US-China trade war.
Ford posted US sales gains in August even as the overall market has flattened. Pickup trucks and SUVs drove the gains. Ford made a strategic decision to all but eliminate passenger cars from its portfolio in coming years.