Inventory is rising as people sell extra vehicles to take advantage of high prices and dealerships make enticing trade-in offers, experts say.
While many new-car assembly lines are backed up, older cars are available, and they're fetching premium prices.
Low auto inventories are giving car dealers a lot more leverage.
The coronavirus pandemic forced Ford, GM and Fiat Chrysler to close factories and halt production. They're expected to report large losses.
Researchers are trying to figure out what impact COVID-19 will have on auto purchases.
In the aftermath of the Great Recession there's no way anyone would have predicted sales this robust.
American manufacturers are eager to win Chinese customers.
Electric cars are drawing attention and Chinese automakers are to the fore.
The Ford Motor Co. announced Thursday morning that it’s going to “transform” its operations in Europe. That means the automaker will close plants, stop producing some models and lay off what a Ford executive called a “significant number” of its 50,000 European employees. Ford’s been in Europe for more than a century. It’s also the […]
Car sales figures for last month are coming out today, but automakers are focusing on the future, especially since President Donald Trump has threatened tariffs of up to 25 percent on imported cars. GM says if tariffs land, its cars will cost up to $6,000 more, and the company would have to lay off workers. […]