Author: Terence Cullen

High-end cars are becoming more affordable thanks to low rates

Earlier this month, a Ford executive told analysts during a conference call that while Lincoln sales were slightly down, they expected an uptick in the coming months.   The luxury models, he said, were carrying the brand. And as summer rolls out, he expected them to continue increasing and engulf […]

Climbing hybrid sales point to more mechanic training

Joshua Mellor was looking to start a business about five years ago. He said fixing cars was one of the last things he wanted to do. But he noticed sales in hybrids had gone up and realized warrantees would soon expire, opening the market for shops with certification to fix […]

Spring awakening for autosales

Automakers marched out of winter last month, as buyers left their homes and hit the show rooms after frigid temperatures went down. Sales trumped analysts’ expectations for March, raising the seasonally adjusted annualized rate to 16.3 million – well above the 15.8 million they projected. That came out to 1.5 […]

Auto sales still frigid but warming up for the year

Auto sales can’t thaw through this winter freeze. Sales were just under what they were this time last year, and underperformed for what’s expected to be the biggest year for cars this decade. About 1.2 million cars were sold to Americans in February, automakers estimate, which is slightly below expectations. The […]