It was a good month for auto sales despite inclement weather across much of the country and surging oil prices. Cars sold near an annual pace of 13 million vehicles. That would make February the best on record since the “cash f…
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, …
In the State of the Union address in January, President Barack Obama set a goal of getting 1 million electric cars on the road by 2015. Now he’s proposed $7,500 rebates, instead of tax credits, to reach that goal. Will that be …
Asian markets rose today with investors piling into oil companies as the price of oil passed the $100 a barrel mark. Hong Kong’s Hang Seng Index inched up 0.2%, the Shanghai Composite Index added 0.3%, and Japan’s Nikkei 225 I…
A slowly brightening economy combined with low financing rates and generally stable fuel prices have put consumers in a buying mood. New models, particularly from Ford and GM, are also helping to keep U.S. auto sales on a posit…