Business, Equipment

Average Age of US Cars Hits Record 12.2 Years

cars on highway David Paul Morris/Bloomberg

Cars on U.S. roads are as old as they’ve ever been, potentially complicating efforts to expand the use of new safety and emissions-reduction technologies.

Keith Laing | Bloomberg News
May 23, 2022

Biggest US Car Dealer Declares Recovery Underway

The biggest car dealer in the United States believes the recovery is underway. The biggest car dealer in the United States believes the recovery is underway. (Elena Perova/Getty Images)

AutoNation Inc., the biggest car dealership chain in the U.S., said consumers’ desire to travel again and do so in their own personal space is driving the industry’s rebound from the coronavirus pandemic.

Gabrielle Coppola | Bloomberg News
May 11, 2020
Business, Equipment

SUVs Parked at Sea Reveal Scope of US Auto Market Glut

SUVs at Port of LA New vehicles are parked for delivery inside an automotive processing terminal operated by WWL Vehicle Services Americas Inc., a subsidiary of Wallenius Wilhelmsen Logistics, at the Port of Los Angeles. (Bing Guan/Bloomberg)

For the auto industry, which saw U.S. sales plunge almost 40% in March, the coronavirus crisis has left cars gathering dust on dealer lots, dealerships shuttered, auction prices slipping and tens of thousands of workers laid off or furloughed.

Chester Dawson | Bloomberg News
May 1, 2020
Business, Technology, Fuel

Michael Bloomberg Outlines Plans for Cleaner Buildings, Cars

Michael Bloomberg Bloomberg speaks at a 2020 election rally. (John Bazemore/Associated Press)

SACRAMENTO, Calif. — Democratic presidential candidate Michael Bloomberg would push for all new cars to be electric by 2035 and new buildings to produce zero carbon emissions by 2025 as part of clean energy plans he released this week.

Kathleen Ronayne | Associated Press
January 17, 2020
Business, Technology, Equipment, Safety, Fuel, Autonomous

Consumer Reports Finds Vehicle Redesigns Come With Glitches

2019 Mazda CX-5 at the New York Auto Show The 2019 Mazda CX-5 at the New York Auto Show on April 17, 2019. Consumer Reports found Mazda to be one of the most reliable brands. (Mark Lennihan/Associated Press)

DETROIT — When it comes to buying a new car, the latest and greatest may not be the most dependable.

Tom Krisher | Associated Press
November 14, 2019
Government, Business

Auto Plant Shutdowns Fuel Canada Factory Sales Drop

Factory worker Jeff Kowalsky/Bloomberg News

Sales at Canadian manufacturers declined for a second straight month, partly on shutdowns at auto and steel plants. Factory sales fell 1.3% in July, Statistics Canada reported Sept. 17 from Ottawa. That far exceeded the median forecast in a Bloomberg survey of economists, which called for a 0.1% decline. In volume terms, sales dropped 1.6%.

September 17, 2019

US Auto Sales Fell 4% in Q3

Automobiles on cargo platform Ben Margot/Associated Press

Major automakers said Oct. 2 that U.S. sales fell 7% in September and 4% for the June-through-September quarter, compared with the same periods last year.

October 3, 2018

U.S. Auto Sales Jump in June

TT File Photo

U.S. automobile sales rose at an annualized rate of 15.96 million in June, the fastest monthly pace since December 2007, the Associated Press reported.

July 2, 2013

U.S. Auto Sales Jump in March

U.S. automakers reported their strongest March sales in five years, the Wall Street Journal reported Wednesday.

April 3, 2013

Auto Sales Reach Four-Year High

TT File Photo

Automakers sold cars and light trucks at the highest pace in more than four years in September, Bloomberg reported.

October 4, 2012