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 […]
Buyers might only tapped the breaks in April when it came to shopping for a new car, but only for a second. Economists surveyed by Bloomberg put the Seasonally Adjusted Annualized Rate at 16.2 million, putting sales growth at 10 percent compared to the same time last year. But […]
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 […]
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 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 […]