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/ Auto Biz
Financial information, sales numbers, manufacturer news about automotive industry.
GM’s U.S. Retail Sales Higher (June 1, 2017) General Motors (NYSE: GM) today reported May U.S. retail sales of 191,388 vehicles, up slightly from last year. GM’s May retail performance was driven by exceptionally strong crossover sales at...
Steel is Still the Material of Choice for Automotive Design (April 17, 2017) For the foreseeable future Steel remains the material of choice for the vast majority of automotive chassis and monocoque structural applications.
GM Announces More Than 1,100 Jobs to Expand Cruise Automation Self-Driving Operations in California (April 14, 2017) GM Adding 1,100 jobs, Investing $14 Million in New Cruise Automation Development Facility and Expanding Self-Driving Technology Research and Development
GM Statement Regarding Shareholder Proposal and Slate from Greenlight Capital (March 31, 2017) General Motors Co. (NYSE: GM) confirmed today that its Board of Directors and management team have thoroughly analyzed and rejected a non-binding proposal that Greenlight Capital intends to submit for...
Ford Investing $1.2 Billion in Three Michigan Facilities (March 28, 2017) Ford is investing $850 million in Michigan Assembly Plant to retool the plant to build the all-new Ford Ranger and Ford Bronco.
GM Grows Total and Retail Sales in February (March 1, 2017) Record sales of crossovers, large SUVs and pickups in February drove General Motors’ (NYSE: GM) retail market share up more than one-half percentage point versus a year ago. Average transaction...
Ford's overall sales down 4 percent versus a year ago (March 1, 2017) Overall Ford sales down 6 percent versus a year ago. Ford F-Series, SUVs and Lincoln post gains in February, Ford brand SUV sales totaled 68,820 vehicles – record February sales – up 6 percent...
Ford Invests in ARGO AI - A New Artificial Intelligence Company - In Drive for Autonomous Vehicle Leadership (February 10, 2017) Ford Motor Company (NYSE: F) today announces it is investing $1 billion during the next five years in Argo AI, an artificial intelligence company, to develop a virtual driver system for the...
Ford F-Series, SUVs and Lincoln Drive January Retail Sales Gains; Overall U.S. Sales Down 1% (February 10, 2017) Feb. 1, 2017 – Ford Motor Company’s U.S. retail sales of 120,400 vehicles are up 6 percent in January, while total sales declined 1 percent.Fleet sales of 52,212 vehicles, including daily rental,...
GM Reports Record Full-Year Earnings Per Share (February 7, 2017) General Motors Co. (NYSE: GM) today announced record full-year 2016 results driven by strong retail demand for full-size trucks and SUVs in the United States
FCA US Reports January 2017 U.S. Sales Numbers: Three Jeep® brand vehicles record sales increase , FCAU (NYSE) (February 2, 2017) February 1, 2017 , Auburn Hills, Mich. - FCA US LLC (FCAU (NYSE)) today reported U.S. sales of 152,218 units, an 11 percent decrease compared with sales in January 2016 (171,352 units).In January,...
U.S. Auto Sales Cool in January (February 1, 2017) General Motors Co. and Ford Motor Co. posted declines in January auto sales amid what is expected to be a broader cooling in demand following brisk sales in the prior month that is creating a glut on...
Video: General Motors' Recent F-150-Bashing Ad Is Laughable (February 1, 2017) As often as we all say we can't stand drama, Americans sure do eat it up. We love conflict and rivalries -- and we get it in just about every facet of life these days. To be fair, rivalries, make...
Ford profits down from Mexico Plant hit (February 1, 2017) Ford has reported a loss in the period from October to December last year, partly linked to pressure from President Trump.The US carmaker said abandoning a planned factory in Mexico that he criticised...
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