Tag: Auto Market

April 10, 2024

Rep. Debbie Dingell (D-Mich) and eight other House Democrats sent a letter to Commerce Secretary Gina Raimondo and U.S. Trade Representative Katherine Tai on Tuesday urging action to mitigate the imminent danger posed by the expansion of Chinese automotive exports […]

October 28, 2019

Days before production starts on Volkswagen Group’s cornerstone electric vehicle, the ID3, the automaker is stepping up a push to more than double its market value and gain investor recognition for the industry’s most ambitious technology push. In an internal […]

October 23, 2019

PARIS — PSA Group reported a rise in third-quarter revenue on strong demand for its pricier utility vehicles, but the automaker said overall vehicle sales fell, and it lowered outlook for major auto markets. Revenue for the July to September […]

July 31, 2019

DETROIT — General Motors investors will see on Thursday how the Detroit carmaker is weathering declining sales and mounting price pressures in its largest markets when it reports second-quarter earnings. Slumping industry demand in China, the world’s largest auto market, […]

March 28, 2019

New U.S. light-vehicle sales are projected to fall for the third straight month in March as the industry’s winter chill seeps into spring. Estimates from four forecasters call for declines between 1.5 percent and almost 7 percent from March 2018. […]

December 11, 2018

For Joe Hinrichs, Ford’s president of the Americas, Fourth of July week 2018 was a fireworks show that needed no pyrotechnics. Tariffs on automobiles shipped to China from the U.S. went from 25% on June 30, down to 15% on […]

April 19, 2017

Last year, India’s automative industry became one of the world’s big three, according to rating agency CARE. While the passenger vehicle market is set to cross the three million mark by end of 2017,  there’s a segment of this industry showing particular […]