Flood Of Off-Lease Used Cars Push Prices Down, Upend MarketIn 2014, Infiniti leased more than 28,000 Q50 luxury sedans in a growing U.S. market. The leases accounted for more than three-quarters of Q50 sales. Now they're coming back to haunt the automaker.
Ford, Nissan, GM, Toyota Report April U.S. Sales DeclinesFord, Nissan, General Motors and Toyota all reported U.S. sales declines in April, strong signs that demand for cars, trucks and SUVs is starting to slow after seven straight years of growth.
General Motors Profit Up 34 Percent On U.S. Truck, SUV SalesGeneral Motors' first-quarter profit rose 34 percent as the company's strong truck and SUV lineup helped it increase U.S. sales when the rest of the industry is slowing.
Honda Sales Fall Just Under 1 Percent As Acura StrugglesHonda says its March sales fell just under 1 percent, dragged down by sagging demand for its Acura luxury brand.
Volkswagen CEO: U.S. Remains 'Core Market' For CompanyThe CEO of German automaker Volkswagen says the United States remains a "core market" for the company despite its diesel emissions scandal and has underlined that it hopes to expand there.
U.S. Auto Sales Seen Lower In January; GM, Ford Post DeclinesStrong consumer confidence, low gas prices and good deals on new vehicles should help sales speed up once the weather warms and buyers get their tax refunds.
Toyota Sold 10.2 Million Vehicles Worldwide, Fewer Than VWToyota has relinquished the title of the world's biggest automaker, reporting Monday that it sold 10.175 million vehicles worldwide in 2016, fewer than Volkswagen's 10.31 million.
U.S. Auto Sales Near Record Highs In 2016Demand may be slowing, but U.S. consumers still bought a whole lot of cars and trucks in 2016. U.S. sales of new vehicles — which set a record of 17.47 million in 2015 — could hit a new high in 2016.
GM To Temporarily Close 5 Factories As Car Inventory BuildsGeneral Motors will temporarily close five factories next month as it tries to reduce a growing inventory of cars.
U.S. Auto Sales Expected To Hit Record In First 6 MonthsU.S. auto sales may be slowing, but they're still expected to set a record in the first six months of this year. Sales through June were expected to be up 2 percent over last year.
U.S. Auto Sales Expected To Hit All-Time High In 2015Americans are buying more new cars than ever before. U.S. auto sales were expected to reach a record high of 17.5 million in 2015, topping the old record of 17.35 million set in 2000.
GM, Fiat Chrysler Sales Up In November, But Ford Was FlatNovember used to be a slow month for U.S. car sales. Not anymore. Black Friday promotions — some of which began well before Thanksgiving — were expected to push last month's sales to near-record levels.