The nation’s leading trade association for car dealers says it now sees industry sales of nearly 13 million vehicles this year, topping last year’s by 12%. The rise is attributed to pent-up demand, loosening credit and a rising…
The auto giant announced plans Monday to extend its start-stop technology — a feature common to gas-electric hybrids — to its conventional gasoline-powered passenger cars and SUVs as well.
Continue reading Fo…
Buoyed by stronger demand for pickups and crossover, GM said today that October sales increased 3.5% compared to a year ago. Excluding its discontinued brands, sales of Buick, Cadillac, GMC and Chevrolet models rose 13% for the…
BMW, the German luxury car maker, reported Wednesday its third-quarter net profit soared and revenue surged on strong demand for luxury cars. “The broad recovery taking place in international car markets gives reason to believe that sales volumes will …
General Motors plans to invest $190 million in its Lansing Grand River assembly plant where it will build a new Cadillac model, resulting in 600 new jobs and the addition of a second shift.
Continue reading Gen…