automobile News Updates

Business, Equipment

Average Age of US Cars Hits Record 12.2 Years

Cars on U.S. roads are as old as they’ve ever been, potentially complicating efforts to expand the use of new safety and emissions-reduction technologies.

May 23, 2022
Business

Biggest US Car Dealer Declares Recovery Underway

AutoNation Inc., the biggest car dealership chain in the U.S., said consumers’ desire to travel again and do so in their own personal space is driving the industry’s rebound from the coronavirus pandemic.

May 11, 2020
Business, Equipment

SUVs Parked at Sea Reveal Scope of US Auto Market Glut

For the auto industry, which saw U.S. sales plunge almost 40% in March, the coronavirus crisis has left cars gathering dust on dealer lots, dealerships shuttered, auction prices slipping and tens of thousands of workers laid off or furloughed.

May 1, 2020
Business, Technology, Fuel

Michael Bloomberg Outlines Plans for Cleaner Buildings, Cars

SACRAMENTO, Calif. — Democratic presidential candidate Michael Bloomberg would push for all new cars to be electric by 2035 and new buildings to produce zero carbon emissions by 2025 as part of clean energy plans he released this week.

January 17, 2020
Business, Technology, Equipment, Safety, Fuel, Autonomous

Consumer Reports Finds Vehicle Redesigns Come With Glitches

DETROIT — When it comes to buying a new car, the latest and greatest may not be the most dependable.

November 14, 2019
Government, Business

Auto Plant Shutdowns Fuel Canada Factory Sales Drop

Sales at Canadian manufacturers declined for a second straight month, partly on shutdowns at auto and steel plants. Factory sales fell 1.3% in July, Statistics Canada reported Sept. 17 from Ottawa. That far exceeded the median forecast in a Bloomberg survey of economists, which called for a 0.1% decline. In volume terms, sales dropped 1.6%.

September 17, 2019
Business

US Auto Sales Fell 4% in Q3

Major automakers said Oct. 2 that U.S. sales fell 7% in September and 4% for the June-through-September quarter, compared with the same periods last year.

October 3, 2018