New car buyers may go on strike — again. Faced with the rising cost of fuel and parts shortages that could drive up new car prices and make some popular models scarce, consumers in the market for a new car may decide to delay …
The first trading day of the month is usually good to equities, but after a two-day respite, stocks went back back to broad-based declines. The sharp rise in oil prices overshadowed some encouraging corporate and economic news….
GM models sold smartly despite the steadily rising price of gas. GM says it sold 207,028 vehicles during the month. The increase was driven largely by a 70% jump in retail, or individual consumer, sales.
Contin…
Major automakers are set to release February sales figures on Tuesday, and analysts expect the reports will show sales improved 20% compared to a year ago. Consumers continued to warm to the slowly improving economy — so far, …
Despite tepid industry sales last year, South Korean carmaker Hyundai set a sales record, thanks to savvy designs and sophisticated engineering. It’s come a long way from an early econo-box image. Now, if it could just do as we…