Charlie Chesbrough

January was a rough month for American automakers, with waning consumer confidence chipping at the sector’s foundation. “Record cold weather during the last week of January likely had a negative impact on sales,” Cox Automotive senior economist Charlie Chesbrough said in a report...

The last month could have been an acceptable loss in the automotive industry. “January is typically a ho-hum month for auto sales following the major holiday blowout sales we see at the end of the calendar year,” Jessica Caldwell, executive director of industry analysis at Edmunds, said...