car sales News Updates

Business

Moody’s Downgrades Auto Sales Forecast on Coronavirus Fears

FRANKFURT, Germany — Ratings agency Moody’s is lowering its forecast for global auto sales because of the new coronavirus outbreak.

February 26, 2020
BusinessTechnologyLogistics

Carmakers Sell More to Rental Companies as Retail Demand Weakens

Stronger-than-expected new car sales last month belied a dirty little secret: Automakers have been selling more vehicles to rental fleets in recent months to prop up volume.

April 4, 2019
Business

Most Automakers Report Higher U.S. Auto Sales in October

A majority of top automakers said their U.S. sales increased in October from a year ago, Associated Press reported.

November 2, 2011