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…
Fuel efficiency remains the top concern among new car buyers around the world, which is likely to boost demand for hybrid and electric vehicles, according to a report from KPMG. But the survey of senior auto-industry executives…
Toyota’s recent spate of quality woes have allowed competitors to steal sales from the beleaguered automaker. Ford is also catching up with Toyota in another important measure of auto industry success — consumers’ opinions of …
The nation’s automakers ended 2010 strong, with most reporting higher sales for December. Consumers seemed to put concerns about the U.S. economy on hold and more than offset reduced demand by fleet customers, such as corporati…
The economy may be less robust than most Americans would like, but that didn’t stop many of them from hitting the showrooms in December. That likely propelled auto sales in the final month of 2010 to 1.13 million units, the yea…