How long will Saudi Arabia allow oil prices to drop as the country’s production remains unchanged? Only Allah knows the answer.
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Category: Industry
Finding jokes about women behind the wheel passé, Audi Ireland recently began a Twitter campaign meant to subvert the sexism.
The U.S. auto industry was projected to make 6% gains in April 2015, an increase that would have produced at least 80,000 more April sales this year than in April 2014.
Instead, April 2015 auto sales grew by less than 5%, and the industry’s volume improved by around 64,000 units. Auto sales are healthy, but why weren’t they quite as healthy last month as anticipated?
There are hundreds of factors to consider, from Bob realizing that new patio furniture was more important than a new Ram EcoDiesel, to the decreased demand for certain aging models. But if one vehicle category needed to accept blame, it would be passenger cars. Read More >
Uber customers in the United States are the latest victims in a hacking scheme where Uber accounts are sold on the dark web for as little as $1.
Want to know why Mercedes, Audi, Lexus and all of the other luxury players are doing so well these days? Because of less-costly, lower-end luxury models.
In celebration of a key milestone, General Motors CEO Mary Barra gave away a 2016 Chevrolet Malibu Monday, a feat that could never happen with the old Malibu, even with Oprah’s help.
FCA US dealerships in the Southeastern United States are among the first to offer free college scholarships to their employees.
A week after Volkswagen Group chairman Ferdinand Piëch quit his post, the company’s supervisory board will meet Monday to discuss finding a replacement.
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Compared with the prior month, General Motors’ U.S. market share increased by more than two percentage points to 18.5% in April 2015. Toyota’s trio of brands lost slightly more than half a percentage point. American Honda jumped from 8.2% to 8.9%.
Nissan and Infiniti dropped by nearly two percentage points as the automaker suffered its normal, anticipated, severe drop-off in April volume. The auto industry’s size decreased 6% between March and April; Nissan USA’s sales fell 24% during the same period.
A proposed bill in California aimed at closing a loophole in federal recall law is being rushed through the legislative process. Consumers Union, the parent of Consumer Reports, is not happy about it. Neither are automakers.
Even with a depressed euro and sales falling 2.7 percent in April, Volkswagen is staying the course.
A predicted 6% increase in April 2015 auto sales ended up as a 5% year-over-year boost, equal to nearly 65,000 more sales last month than in the same period one year ago.
The biggest gains among volume brands were produced by Jeep (with its best-ever month and a 20% increase to 71,759 April sales), GMC (another no-car brand), and Subaru.
Honda, Volkswagen, and Kia all posted slight losses, however, and the gains produced by big brands like Toyota, Hyundai, and Chevrolet weren’t all that significant. Ford, the best-selling auto brand in America, was up 5%. General Motors’, the top-selling manufacturer, increased 6% despite the third Buick decline in four months. Read More >
During its announcement of a $5.4-billion investment into its facilities, General Motors hinted at possibly making the switch to aluminum bodies.
An attempt to bring further integration within Renault-Nissan resulted in the French government tightening its hold on Renault against CEO Carlos Ghosn.
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