Author: Automotive News Breaking News Feed
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U.S. OCTOBER 2018 CANADA AUTO SALES: Volume slumps 3.9% as interest rates continue to rise
New-vehicle sales fell for the seventh consecutive month in Canada in October, a trend the Global Automakers of Canada called ‘disconcerting.’ The organization says rising interest rates are partially to blame.
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Toyota chooses Detroit to debut its all new 2020 Supra sports car
While many European automakers have bailed out of the Detroit auto show, there will be at least one major global debut from a foreign automaker.
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U.S. OCTOBER 2018 HONDA AUTO SALES: Honda sales drop 4.1% in October on weak car sales
American Honda saw strong U.S. sales in October from its Acura brand, but a 15 percent drop in overall car sales pulled sales down for the company by 4.1 percent.
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Why this Chinese robotics supplier is expanding in Michigan
Chinese welding system supplier HTI Cybernetics is investing $20.6 million to expand its suburban Detroit headquarters at a site under development.
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U.S. OCTOBER 2018 FCA AUTO SALES: FCA sales climb 16% in October, on strong Ram, Jeep and boosted fleet sales
Jeep’s U.S. sales rose for the 10th consecutive month, and the Ram, Chrysler, Dodge and Alfa Romeo brands all posted double-digit increases.
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Ford expands paid time off for new mothers, fathers
Effective Thursday, the automaker will allow new fathers eight weeks of paid time off, up from two weeks. It will allow new mothers between 14-16 weeks of paid time off, up from 8-10 weeks.
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U.S. OCTOBER 2018 AUTO SALES: Jeep, Ram propel FCA US
U.S. light-vehicle sales, behind strong light-truck demand and elevated incentives, edged up 0.4 percent in October, signaling the second-half slowdown that began in July is moderating. The SAAR came in at 17.59 million, the highest of the year.
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U.S. OCTOBER 2018 AUTO SALES: Jeep, Ram propel FCA US
FCA US and Toyota posted higher U.S. sales last month, propelled by strong truck deliveries, but GM, Ford, Nissan and Honda volumes slid behind the ongoing slump in car demand.
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U.S. OCTOBER 2018 AUTO SALES: Jeep, Ram propel FCA US
FCA US and Toyota posted higher U.S. sales last month, propelled by strong truck deliveries, but Ford, Nissan and Honda volumes slid behind the ongoing slump in car demand.
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Tesla auto park upgrade to be ready in six weeks, Musk tweets
An upgrade to Tesla’s auto-parking feature will be ready within six weeks, CEO Elon Musk tweeted on Thursday.