Automakers Avoid Disaster With 0% Financing
Zero-percent auto financing deals hit a record last month as carmakers kept the U.S. auto market from collapsing.
Fear of an Impending Car-Price Collapse Grips Auto Industry
The auto industry — already fretting lengthy factory shutdowns and depressed new-vehicle demand — is starting to sound the alarm about a potential used-car price collapse that could have far-reaching consequences for manufacturers, lenders and rental companies.
Moody’s Downgrades Auto Sales Forecast on Coronavirus Fears
FRANKFURT, Germany — Ratings agency Moody’s is lowering its forecast for global auto sales because of the new coronavirus outbreak.
February 26, 2020Carmakers Sell More to Rental Companies as Retail Demand Weakens
Stronger-than-expected new car sales last month belied a dirty little secret: Automakers have been selling more vehicles to rental fleets in recent months to prop up volume.
April 4, 2019Most Automakers Report Higher U.S. Auto Sales in October
A majority of top automakers said their U.S. sales increased in October from a year ago, Associated Press reported.
November 2, 2011