Tag Search Result

auto sales

Tesla Tops EV Sales in First Half of Year

The automaker’s new vehicle registrations grew 61% in the first half of the year to take the top spot among luxury automakers.

Read more

Signs Point to a Market Rebound

As automakers report second quarter results, analysts say a market rebound may be on the way.

Ford Sees Vehicle sales Increase in June

Ford Motor Co. reported nearly a 32% increase in U.S. sales in June, as it improved truck and SUV deliveries and rolled out an all-electric pickup.

Stellantis Suspends Production at Kaluga Plant

Stellantis has suspended production at its Russian plant, which employs 2,700 people, over logistical difficulties and sanctions imposed on Moscow.

Shortage of Inventory, Not Buyers Challenges U.S. Auto Industry

The U.S. auto industry has no shortage of buyers currently, but it lacks the inventory to satisfy them.

December Auto Sales Slip

The lowest sales recorded in December went to Toyota Motor Corp., Honda Motor Co., Hyundai and Kia, which posted sales drops for the fifth consecutive month.

Toyota Crowned Auto Sales Leader

Toyota sold 2.332 million vehicles in the U.S. in 2021, compared to 2.218 million vehicles for General Motors.

Hyundai and Kia Set Higher Sales Targets for 2022

Hyundai Motor Co and affiliate Kia Corp. predict a 12.1% combined global sales jump in 2022, despite 2021 sales falling short of targets.

Higher Profits Through Used Vehicle Sales

Dealers are investing in older, used, high-mileage inventory, and they are also retaining vehicles taken on trade which would have previously gone to auction.

Read more

IHS Markit Predicts Production Highs in 2024

IHS Markit forecasts lows in light-vehicle sales and production will give way to increases ahead.

a Bobit media brand

Create your free Bobit Connect account to bookmark content.

The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!

Create Account