Automakers offer incentives to spur July 4 sales
Independence Day weekend is packed with bargains designed to refresh the auto market following first–quarter slumps in new-vehicle sales and a pullback on incentives in June. OEMs scaled back ...
Tag: new vehicle sales
China monthly car sales rise for first time in almost a year
Car sales in China rose for the first time in almost a year last month, evidence that the world’s largest ...
Weekly Wrap: May sales figures hint at promising gains for the auto industry [Video]
This week, OEMs’ monthly sales figured pointed toward promising signs of recovery in the new-vehicle market, with American Honda, Mazda ...
May new-vehicle sales struggle but show signs of rebound
Retail new-vehicle sales in May are projected to fall 21% compared with the same prior-year period, dropping to 1.08 million ...
F&I revenues climb at Group 1, fall off at Asbury
Automotive retailers Asbury Automotive and Group 1 Automotive are increasing cash reserves as vehicle sales drop amid the coronavirus pandemic, ...
Daimler Mobility adds $487M for future losses in Q1
Daimler Mobility has increased its provisions for credit risk by $487.3 million during the first quarter in anticipation of an ...
AutoNation CEO Cheryl Miller taking leave for health reasons
AutoNation Inc. granted Chief Executive Officer Cheryl Miller a leave of absence for health reasons and said its long-time former ...
Coronavirus, election uncertainty to impact new vehicle sales
New-vehicle sales are expected to clock in at 1,373,516 units for February, up 0.2% year over year, according to TrueCar ...
