Cruise laying off almost 8% of staff in setback for self-driving firm
Cruise, the self-driving car unit majority owned by General Motors Co., is laying off almost 8% of full-time employees to ...
Tag: Honda Motor Co.
Honda North America powersports sales surge 30%
Honda Motor Co.’s North America powersports sales — which include motorcycles, ATVs, and side-by-sides — had a strong year, ratcheting ...
Carmakers dodge disaster with biggest-ever share of 0% loans
Zero-percent financing deals hit a record last month as carmakers kept the U.S. auto market from collapsing. More than one in ...
New-car sales close in on 17M
Powered by strong November sales showings from Toyota Motor North America and Honda Motor Co., yearend light-vehicle volume is on track for ...
Auto Finance Feels the Pressure of Fed’s Rate Hikes
© Can Stock Photo / alphaspirit Major automakers are reporting declines for U.S. sales as signs of tightening credit conditions ...
Dealers Feel the Pressure of Competition in Used-Car Market
© Can Stock Photo / welcomia Captives and lenders are feeling confident in the used-vehicle market, but some dealers are ...
Vehicle Sales Fall for First Time in 7 Years
© Can Stock Photo / gina_sanders The sales downturn that lenders have been anticipating for some time has arrived. Manufacturers ...
Honda Issues Third ABS of 2017 for $975 Million
American Honda Finance Co. issued its third securitization of 2017, this time for $975 million dollars. The captive's first ABS ...
