U.S. auto demand falls to weakest level since February

U.S. auto sales dropped to their weakest rate since February as most automakers posted sharp declines from a year earlier, when the U.S. cash-for-clunkers program fueled demand for new vehicles. August's seasonally adjusted annual sales rate of 10.8 million units fell from 11.6 million in July and was well below analysts' forecasts.... Read More »

Ford to keep N.A. production stable in Q3

Ford Motor Co. will hold fourth-quarter North American production at the same level as the third-quarter of this year and down slightly from the last quarter of 2009 because of the economy's modest recovery and lackluster consumer spending. “Elevated savings rates are dampening spending,” and buyers are replacing cars on an as-needed basis, said Emily Kolinksi Morris, Ford's senior U.... Read More »

August 2010: a real clunker on the new-car sales front

Any way you look at it, August U.S. auto sales disappointed. Compared with “clunker August” a year ago, sales fell 21 percent. Compared with the month before, volume dropped 5 percent. Even seasonally-adjusted, it was the worst month since February. U.S. sales totaled 997,574 sales in August, down from 1,050,110 in July.... Read More »

Chrysler posts another gain, led by Jeep

Chrysler Group recorded its fifth consecutive month of year-over-year increases, as August sales rose 7 percent. Fresh from its bankruptcy exit a year earlier, Chrysler had a 15 percent August decline while the industry advanced 1 percent, thanks to the U.S. incentive program designed to spur sales of fuel-efficient vehicles.... Read More »

GM posts gains for 3 of 4 brands, but Chevy down 22%

General Motors Co. posted strong August sales at three of its four remaining brands. But Chevrolet, struggling with tough comparisons against last year's cash-for-clunkers bonanza, posted a 22 percent drop in sales, dragging overall demand for the automaker's core brands down 11 percent last month.... Read More »

Toyota sales plummet, but still lead retail race

Toyota Division sales may have fallen 34 percent in August -- and are now down 1 percent for the year to date -- but General Manager Bob Carter isn’t panicking. Toyota was the No. 1 beneficiary of cash-for-clunkers trade-ins last August, representing more than 50 percent of sales. That gave Toyota a tough mark to equal this year.... Read More »

Congressman who sponsored dealer exemption may be investigated over fundraising Rep. Sept. 1, 2:36 pm U.S. ET

NADA to oppose new fuel economy labels The National Automobile Dealers Association said today it would likely oppose a federal proposal to... Aug. 31, 3:21 pm U.S. ET

Auto loan delinquencies dip; credit terms ease, new report says Automotive lending continued to rebound in the second quarter, with loan delinquencies falling for... Aug. 31, 3:43 pm U.S. ET

Toyota, Japan brace for post-clunkers hangover As a government program to replace older models with more fuel efficient vehicles ends, car sales... Aug. 31, 12:30 pm U.S. ET

Television remains a mainstay among GM marketing options General Motors Co. marketing chief Joel Ewanick is bullish on TV. Aug. 30, 10:01 am U.S. ET

Fiat intrigues dealers -- but questions abound More than 500 dealers are expected to attend an event called "The Fiat Experience," scheduled for... Aug. 30, 12:01 am U.S. ET

Sales expected to be sluggish as recovery lags, analysts say | Aug. 30

Marketing boss Ewanick: 'We've got to get back to telling our story' | Aug. 30

Just a few years after some Ford dealers wanted to sell or split, blue-sky values rise | Aug. 30

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