car sales

11.3 Pct Hike In Auto Sales Drives Durable Goods Growth In July
11.3 Pct Hike In Auto Sales Drives Durable Goods Growth In July
August 26, 2020  |  Economy

Americans made virtual trips to car showrooms in July as new orders for manufactured durable goods, products lasting three years or more, increased by 11.2...

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Americans Swap Mass Transit For Personal Vehicles As Pandemic Fuels Car Purchases
Americans Swap Mass Transit For Personal Vehicles As Pandemic Fuels Car Purchases
August 24, 2020  |  Retail

Cars.com found that more than a third of Americans are telecommuting as commuting habits have changed over the pandemic, placing more dependence on personal vehicles....

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It’s Pedal To The Metal For Online Car Sales
It’s Pedal To The Metal For Online Car Sales
August 11, 2020  |  eCommerce

With estimates that U.S. automobile sales may fall by 22 percent to just over 13 million vehicles sold in all of 2020, the process of buying...

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Tesla To Grow Retail Presence In US, Abroad 
Tesla To Grow Retail Presence In US, Abroad 
August 04, 2020  |  Retail

More than a year after Tesla Inc. CEO Elon Musk raised the possibility of shuttering its stores and selling only online, the California electric vehicle...

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Global Car Makers Skid Deep Into Red In Second Quarter
Global Car Makers Skid Deep Into Red In Second Quarter
July 30, 2020  |  Earnings

The worldwide COVID-19 economic crash has sent major automakers’ revenues and profits plunging over a cliff. Nonetheless, some see signs of an impending recovery. For...

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Average Age Of US Vehicles Nears 12 Years
Average Age Of US Vehicles Nears 12 Years
July 28, 2020  |  Retail

Americans seem to be holding onto their cars for longer periods of time. Research from IHS Markit shows that the average age of “light vehicles” in...

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Jaguar Land Rover Moves Forward With Subscription Program
Jaguar Land Rover Moves Forward With Subscription Program
July 07, 2020  |  Subscription Commerce

Jaguar Land Rover is dipping its paw into the subscription automobile leasing pool, just as peer Mercedes is climbing out after a trial run, Autoweek...

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Car Talk: Shift Announces Plans To Go Public
Car Talk: Shift Announces Plans To Go Public
June 29, 2020  |  Retail

The automotive evolution to Digital 3.0 revved a little higher Monday (June 29) as online car sales platform Shift announced it will go public in...

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Vehicle Sales Off By 6 Pct In June From Pre-Virus Forecast
Vehicle Sales Off By 6 Pct In June From Pre-Virus Forecast
June 29, 2020  |  Retail

Sales of new cars are expected to be off by nearly 6 percent from a year ago, according to a joint forecast by J.D. Power...

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