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Skip to main contentAUTOMOTIVE INDUSTRY CRISIS OF 2008–10
7 years ago
European car sales slide in JanuaryThe European carmakers' association says new passenger car sales in the region dropped by 4. 6 percent in January, weighed down by big declines in Spain and Italy. Despite the drop, the association said Friday that the 1. 2 million...
7 years ago
High prices, interest rates push 1Q US auto sales down 2%Automobile sales in the U. S. fell 2% in the first quarter, another sign the nation's economy is starting to slow. Automakers sold just over 4 million vehicles from January through March, according to Ward's Automotive Intelligence, and industry analysts...
7 years ago
US new-vehicle sales in 2018 rise slightly to 17.27MSales of new vehicles in the U. S. rose slightly in 2018, defying predictions and highlighting a strong economy. Automakers reported an increase of 0. 3 percent over a year ago to 17. 27 million vehicles. The increase came despite...
7 years ago
GM rebounds with $8.1B 2018 profit on strong pricingGeneral Motors posted an $8. 1 billion net profit for 2018, fueled by better prices for vehicles sold in the U. S. , its most lucrative market. It's a strong rebound from the previous year when the company lost $3...
7 years ago
Honda profits jump on strong car and motorcycle salesHonda Motor Co. profits jumped 17.8 percent in the latest quarter, driven by strong auto sales in North America and motorcycle sales in Asia, the company said Tuesday.The Japanese automaker reported profits of 244.3 billion yen ($2.2 billion) in the...
7 years ago
Weak sales weigh on GM in 1st quarterAmericans paid more for some General Motors vehicles in the first quarter, but overall sales declined and the automaker's results fell short of expectations. GM delivered more than 665,000 vehicles in the U. S. with the highest average prices for...
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