GM retools supply chain to get tens of thousands of vehicles awaiting parts to consumers quickly and ward off future supply chain challenges.
On a volume-weighted basis, the overall Car segment decreased -0.92%. For reference, the previous week, cars decreased by -0.91%.
The California Department of Motor Vehicles has asked for an administrative hearing that could result in penalties.
New-vehicle sales were up slightly in July from June but remain low at a 13.3 million seasonally adjusted rate of sales.
Automakers blame tightened inventories for double-digit sales declines, but warn higher interest rates, gas prices and rising inflation will push buyers out of the market.
Major automakers say the $430 billion bill approved Sunday by the U.S. Senate will put the brakes on achieving U.S. electric-vehicle adoption targets for 2030.
Q2 2022 TransUnion Credit Industry Insights Report explores latest credit trends.
Subaru profit jumped 25% in the latest quarter as the automaker recovered production, ramped up sales and cashed in on favorable exchanges rates.
Ford Motor Co. saw U.S. sales rebound sharply in July for the second consecutive month while Toyota Motor Corp. and Honda Motor Co. saw sales dip for the 12th consecutive month.
The Retention Index decreased to 189.4 points in July as consumer confidence remained at historic lows.
Internal hiring or recruitment has many advantages, including increased motivation, lower hiring costs, cultural fit, easier onboarding, and improved retainment of employees.
The company saw revenue more than double to $8.1 billion as customers continued to hail rides and order takeout food.
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