Government, Business

UK Auto Investment Down Almost 50% as Brexit Hits Spending

Manufacturing Luke MacGregor/Bloomberg News

The British automotive industry saw investment plunge last year as carmakers delayed decisions on upgrading machinery and factories amid mounting concern about the impact of a hard Brexit.

Irene Garca Prez | Bloomberg News
January 31, 2019
Government, Business, Logistics

Trump Administration to Hold Off on Car Tariffs After Trade Meeting

Cars Luke Sharrett/Bloomberg News

The Trump administration will hold off for now on imposing new tariffs on automobile imports as top officials weigh revisions to a report on the national security implications, according to two people familiar with the matter.

Jennifer Jacobs and Jenny Leonard | Bloomberg News
November 14, 2018

Car Wars: Steel Shows Strength Against Aluminum Rise

Automobile assembly Luke MacGregor/Bloomberg News

Lightweight aluminum has chipped away at steel’s use in vehicles as fuel efficiency standards have risen. Now steelmakers are fighting back. Their newest alloy could make its way to carmakers by 2021, with some available as early as next year, said Eric Petersen, vice president for research and innovation at AK Steel Holding Corp.

Joe Deaux and Marvin G Perez | Bloomberg News
October 18, 2018
Government, Business, Equipment

Trump’s Tariffs Will Make Fixing Your Car More Expensive

Fixing Your Car Getty Images

Hopkins Manufacturing Corp. may shift its China supplier network to factories in Taiwan. Multi Parts has stopped hiring new employees. AutoZone Inc. and O’Reilly Automotive Inc. plan to raise prices.

Sarah Gardner | Bloomberg News
August 16, 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.

Transport Topics
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.

Transport Topics
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.

Transport Topics
October 4, 2012

June Automobile Sales Set Strong Pace

TT File Photo

U.S. automobile sales continued at a strong pace in June, putting the industry on track for its highest-selling year since 2007, Bloomberg reported.

Transport Topics
July 5, 2012

Automobile Sales Rise 18% in May

U.S. automobile and light truck sales rose 18% in May to 1.4 million vehicles, news services reported.

Transport Topics
June 4, 2012

U.S. Auto Sales Improve in April

U.S. sales of cars and light trucks rose 2.3% in April to 1.18 million vehicles, Bloomberg reported.

Transport Topics
May 2, 2012