auto sales

Auto sales for the month of March fell short of expectations, causing a notable selloff in auto stocks Monday. The question fresh on investors' minds Tuesday morning is if Monday's decline marks a longer-term trend or buying opportunity. End Of Cycle? D.R. Barton, MoneyMorning.com's chief technical...

U.S. auto sales came in mixed, with strong performances by trucks helping to offset weak passenger car sales, rendering the overall volumes flat. The lukewarm performance came amid companies doling out incentives and the bump up provided by the President's Day holiday weekend. This follows a...

January is typically a soft month for auto sales, as sales cool off following the frenzied activity in the previous month on the back of heavy promotions to tap the holiday fervor. Additionally, the month is seen as cool-off period before a summer build up. In line with the trend, most automakers...

Automakers boasted strong performances in December amid strong incentives and firm demand for trucks. Forecasts published by Edmunds.com suggest total vehicle sales in the United States are expected to come in at a seasonally-adjusted annual rate of 17.7 million units in December, a 18.5 percent...

Previewing the December auto sales results, Deutsche Bank said in a note on Wednesday that U.S. auto sales are tracking at a seasonally adjusted annual rate of 17.6 million units in December, up 2.4 percent year-over-year in absolute units, adjusted for one fewer selling day. Analysts Rod Lache...

Amazon.com, Inc. (NASDAQ: AMZN) and eBay Inc (NASDAQ: EBAY) are dominating the world of online auto sales. DIY Auto Retail In a new report on do-it-yourself (DIY) auto retail, Wedbush analyst Seth Basham discusses the secular headwind that Amazon and eBay have created for the “Big 4...

Automakers are truly in the fast lane, as is evident from the monthly sales results reported for November by companies within the space. Easy credit terms, heavy promotions, two extra selling days this year, benign gas prices and buoyant consumer confidence have all served to work in unison to...

Sales of Ford Motor Company (NYSE: F)'s Mustang sports cars have fallen 32 percent in the United States last month, which prompted the automaker to idle a factory. Sales of Ford's iconic Mustang brand not only fell last month but it was outsold by the Chevrolet Camaro for the first time in nearly...

With September auto sales down year-over-year almost across the board, Toyota Motor Corp. (NYSE: TM) was the only auto company to report higher year-over-year sales of 1.5 percent. Meanwhile, four auto companies that reported slumping sales are trading slightly higher. General Motors...

Amidst the expectation of auto sales drop in September, Nissan Motor Co Ltd (ADR) (OTC: NSANY) reported 4.9 percent increase in unit sales from 121,782 units to 127,797 units. Other big automakers like General Motors, Ford Motor and Toyota Motor are also expected to announce their September...

Previewing the auto sales results for September due to be released next week, Barclays said the month's headline seasonally adjusted annual rate, or SAAR, suggests solid, albeit weaker numbers. The Numbers Barclays auto and auto parts analyst Brian Johnson estimates light vehicle SAAR of 17.6...

The U.S. auto industry has been on fire over the past six years, but not all analysts are playing the doom and gloom card. According to a Bloomberg report, Jeff Schuster of LMC Automotive was one of the first auto experts to call for a contraction in the industry in 2016. However, he is now saying...