Trucks, SUVs, Crossovers Lead Sales Pack in May
While the other economic sectors suffered in May, the auto industry continued to post healthy sales in May even as sales showed sales leveling off at seasonally adjusted annual sales rate or SAAR of...
View ArticleSpending on New Cars Hits All-Time High, Even as Loans Stretch to Record Lengths
While May might not have brought the big uptick in sales we’ve seen in recent months, preliminary data suggest that automakers took in record revenues, with the average transaction prices climbing by...
View ArticleAs Weather Warms, May Auto Sales Sizzle
While May auto sales were expected to be strong, the overall thought was that sales would be down a bit due to one less selling day; however, new car buyers came out in force and, in the process,...
View ArticleAuto Sales Booming – But Are Automakers Pricing New Cars Out of Reach?
Just five years after the new car market bottomed out, sales are booming. However, this is all happening as middle class salaries are stagnating and cars cost more than ever, causing some to wonder how...
View ArticleStrong Holiday Weekend Needed to Eclipse Sales from Last May
Automakers are going to need a stellar sales weekend this Memorial Day if they expect to eclipse last year’s results, analysts warn. New vehicle sales are beginning to flatten. Find out the reason at...
View ArticleApril Showers Aren’t Bringing May Auto Sales in the US
New vehicle sales are expected to remain flat year-over-year during May at a total of 1.53 million units in May 2017, resulting in an estimated 16.7 million seasonally adjusted annual rate. Find out...
View ArticleUS Auto Sales Remain Flat in May
Strong sales of crossover and sport utility vehicles and trucks, kept the industry anchored during May as overall sales remained flat. See the winners and losers in May at TheDetroitBureau.com.
View ArticleFord Outsells GM in May on Strength of Fleet Sales
While the overall results for new vehicle sales last month weren't particularly surprising or impressive, there was a noteworthy result: Ford Motor Co. sold more vehicles in May than General Motors....
View ArticleMay Auto Sales Bring Mixed Results for Makers
When the final total is counted, automakers are expected to see a stronger May this year than last year when it comes to new vehicle sales in the U.S. Trucks and utility vehicles are still leading the...
View ArticleU.S. New Vehicle Sales Tick Upward in May
With Fiat Chrysler and Toyota leading the way, automakers surprised on the upside in May, posting modest sales increases for the month. Lower interest rates, led by an increase in zero-percent...
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