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…
Initial reports show automakers having their best sales so far this year in October, despite consumer wariness about the lackluster economy. Foreign carmakers Hyundai, Kia, Subaru and Volkswagen all turned in solid performances…
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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VW has set a hefty goal for itself: to displace Toyota as the world’s No. 1 car company. The German automaker is actually within reach, thanks mainly to its huge lead in China. To overtake Toyota, however, VW will need to reall…
New York, whose economy is the world’s 15th largest, has the least business friendly tax policies of any state, according to a report released today by the conservative Tax Foundation. The Empire State took the dubious distinct…