While car sales won’t completely recover as fast as many analysts were expecting, a new report says domestic auto companies will get a growing part of that slowly recovering market.
President and CEO Alan Mulally told reportes the company is hoping to sell 8 million vehicles by mid-decade, up from 5.3 million vehicles last year.
Many car companies backed off on incentives and it appears that some customers have decided to wait for the deals to come back.
Presidents Day is generally seen as a good day to shop for a car.
General Motors may add dealers in big metro areas on the U.S. coasts because it expects sales there to grow.
“We’ve been given an opportunity here to fix this house, and the people have responded way beyond anybody’s expectations.” –Chrysler CEO Sergio Marchionne. As Chrysler posts a slight third quarter loss of 84, million dollars, […]
General Motors has the potential to make huge pretax profits once global auto sales fully recover, the company’s chief financial officer said Thursday in a video presentation that was posted online.
October auto sales are trickling in, and they’re expected to come in slightly below one million vehicles. That’s an annual rate of about 12 million vehicles per month.
If you’re holding out for a bargain on a car, you could be rewarded later this year. Automakers are more likely to offer promotions on certain makes and models – particularly luxury cars, SUVs and […]
The U.S. auto industry is likely to see a bit of a sales rebound in September over poor numbers in August, with an uptick in retail sales to individual drivers, a Barclays Capital analyst said […]