Buoyed by consumers’ increased confidence in the U.S. economy, most automakers reported higher sales of cars and trucks in the U.S. during October compared to a year ago — making it the best October in three years for the auto…
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…
Carmakers are expected to report a mixed picture for October sales: mostly better than a year ago, but down slightly from September. Still, the pace appears strong enough that the upper end of full-year forecasts is reachable.
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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.
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Vehicle sales have been less than stellar in recent months, disappointing some analysts. But the industry is gradually improving in a broad trend that is benefiting nearly all automakers — including the Big Three, which have r…