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The Ford Motor Company is planning to cut its global workforce by about 10%.The Wall Street Journal reports that the cuts aim to boost the company's…
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Recent reports show that auto sales have slipped more than expected. That’s the fourth month in a row of declining sales.And Wall Street responded. Share…
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Auto companies posted their second consecutive monthly sales decline in April.Some analysts believe this is a sign the automakers’ seven-year winning…
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U.S. automakers sold 1.56 million new cars and trucks in March. That's down 1.6% from this time last year.Michelle Krebs, a senior analyst for Autotrader,…
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A "barn burner." That's how Michelle Krebs, an analyst with Kelley Blue Book, characterizes new car sales in 2015. Sales are expected to at least match…
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August auto sales may be down slightly.Automakers will release their August sales numbers Tuesday.Charles Chesbrough is an auto industry analyst with IHS…
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Michigan’s economy has been improving through the first half of the 2015.Comerica Bank economist Robert Dye says strong auto sales, improving home values…
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Auto sales are humming along. In fact, May brought the best light-vehicle sales ever recorded for that month: over 1.6 million units.So, what's with the…
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UNDATED (AP) - Demand for small and midsize SUVs is driving up auto sales. General Motors, Ford, Toyota, Fiat Chrysler and Nissan all reported U.S. sales…
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Freezing temperatures and drifts of snow likely took a small bite out of U.S. auto sales last month, but most automakers are still reporting gains thanks…