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auto sales

Chrysler Narrows Losses, Plans More Hiring

“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, […]

11/08/2010

GM Begins Roadshow To Pitch Stock Offering

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.

11/05/2010

October Auto Sales

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.

11/03/2010

Car Buyers Likelier To Find Deals Later This Year

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 […]

11/01/2010

Analyst Predicts Small Sept. Auto Sales Uptick

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 […]

09/27/2010

Auto Sales Boost Retail Sector

Americans spent less at most retail stores in July and inflation remained tame as high unemployment and weak job growth fueled fears of a slowing economic recovery. A busy month for car dealerships and higher […]

08/13/2010

Automotive Insight-B 08/11

Second tier cities to drive chinese auto sales.

08/11/2010

Chrysler Narrows Its 2nd Quarter Loss

The new Fiat-run Chrysler is doing better, but it’s not making money yet. However, it could soon be adding more jobs. Chrysler lost $172 million in the second quarter, a better performance than the first […]

08/09/2010

US Auto Sales, In Weak Recovery, Drop In June

Most automakers saw their U.S. sales drop from May to June, a sign that this year’s slow recovery in the industry may be stalling. Americans are delaying big-ticket purchases because they’re worried about their jobs […]

07/01/2010

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