Cool Start, But May Sales Could Still Turn Hot
The economic uncertainties that have rocked the stock markets may be translating into a slowdown in the U.S. new car market, but things may pick up in the coming days, reports J.D. Power and...
View ArticleCar Sales Dip as GM, Japanese Tumble
May delivered the U.S. auto market its first real setback in 18 months, the Japanese taking the biggest hit. But a few makers bucked the downward trend, notably including Chrysler and Hyundai/Kia, as...
View ArticleAmericans Paying Record Prices for New Cars
The unexpected tumble in May car sales might not seem so much of a surprise when one considers that new car prices also surged to an all-time record last month, as TheDetroitBureau.com reports.
View ArticleAre U.S. Car Buyers Getting the Jitters
By most accounts, the U.S. auto industry has been one of the major engines of the American economic recovery, car sales helping offset slow housing demand and other economic indicators. But are those...
View ArticleDespite Earlier Concerns, May Car Sales Could be Best in Five Years.
With motorists flooding dealer showrooms over the Memorial Day holiday, May could turn out to be the best month since mid-2007 for new car sales – with Japanese automakers Toyota and Honda driving much...
View ArticleToyota, Honda Lead Way as May Sales Surge
With Toyota and Honda leading the way, new vehicles sales jumped more than 20% in May as carmakers had one of their best months since the 2008 financial crisis. Here's the complete round-up on the...
View ArticleMay Could Bring Best Retail Car Sales in a Decade
With automakers offering lavish sales for the Memorial Day holiday, industry-watchers are optimistic May retail sales are not just likely to be the best in a decade, but could bring record spending....
View ArticleWhat Was Hot and Not in May
May brought a surge in US car sales, but some products were hotter than others. Dealers were struggling to keep up with demand for pickups and SUVs, but were ready to give away a number of convertible...
View ArticleTrucks, SUVs Lead May to Record Sales Levels
Strong sales of light-duty truck and utility vehicles boosted vehicles sales again during May with General Motors being the major beneficiary. However, Ford and Chrysler also saw substantial benefits...
View ArticleMay New Vehicle Sales Expected to be Strong
Early reports show that May will be a strong month for new car sales, but when the numbers come out they are likely to show sales being down on a year-over-year basis. However, that's only because...
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