May Light Vehicle Sales Results Show Double-Digit Declines
The seasonally adjusted, annualized rate of sales fell to 12.81 million in May, according to Motor Intelligence.
June 2, 2022
The seasonally adjusted, annualized rate of sales fell to 12.81 million in May, according to Motor Intelligence.
June 2, 2022
Industry analysts predict U.S. auto retail sales will dip in January as manufacturing slows.
January 27, 2022
Ford Motor Co. CEO Jim Farley says he hopes to overtake Tesla in U.S. electric-vehicle sales, but first he hopes to overtake GM.
December 16, 2021
The proposed strategy includes building 500,000 charging stations for electric vehicles across the country and lowering the cost of electric cars.
December 16, 2021
Combined sales at the seven major automakers that release monthly results dropped 17% in October. Automakers cite the semiconductor chip shortage and supply chain bottlenecks as the reason.
November 4, 2021
Cox Automotive and LMC report new-vehicle inventories shrank to just over 915,000 in September and predict further shrinkage as production issues and supply shortages linger.
October 19, 2021
U.S. new vehicle retail sales are expected to drop 888,900 units in September, from 1,182,788 a year ago.
September 30, 2021
LMC Automotive expects the semiconductor shortage to cut production in North America by about 452,000 units over the remaining months. The company also expects the chip shortage to impact production by about 1.5 million units.
August 10, 2021
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