Hot Topics
Housing Market
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Akerson's GM Pickup Pitch (5/17/13)
… competition has six cylinder good engine we just weren't satisfied game. They GM pickups are arriving as the US housing market shows signs of really rebounding. We're not building trucks driving down Madison avenue. And it Irving cowboys …
just weren't satisfied game. They GM pickups are arriving as the US housing market shows signs of really rebounding. We're not building trucks -- driving down Madison avenue. And it Irving cowboys we're trying to build -
Toyota: N.A. to fuel biggest profits in 6 years
… advances in other markets and a sales slide at home in Japan. "In the United States, employment is increasing and the housing market is improving. Overall the U.S. economy is in very good shape," Executive Vice President Nobuyori Kodaira said …
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'14 Silverado: More brawn, quieter ride
… Silverado from matching Ram's segment-best 25 mpg highway. The market: The Silverado arrives just as an improving housing market and pent-up demand are stoking pickup sales. Through April in the United States, full-sized pickup sales grew …
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Analysts: Used-pickup prices keep truckin'
… production and retail sales going back to high gasoline prices in 2008. "You also have the growth and improvement in the housing market ." Ricky Beggs, managing editor of Black Book, agrees that used pickups are in demand. Though incentives have …
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Mercedes USA CEO: Customer service will be 'my legacy'
… momentum in the automobile industry supported by improving consumer sentiment, a record stock market and the recovering housing market . We think 2013 will be record-setting year for us. With the restyled E-class coupe and sedan, redesigned S …
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Surge in high-profit pickups, SUVs made April big for Detroit
… analysts expect the modest yet steady rise in the housing market to continue driving pickup sales. In particular ..... making big purchases. "We have strong confidence the housing market is going to continue to grow and improve," Joe Hinrichs …
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Mercedes CEO: Customer service will be 'my legacy'
… momentum in the automobile industry supported by improving consumer sentiment, a record stock market and the recovering housing market . We think 2013 will be record-setting year for us. With the restyled E-class coupe and sedan, redesigned S …
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Ford to add 2,000 jobs, raise F-150 capacity at Kansas City plant
… pickups shot up 24 percent in April and have increased 19 percent so far this year. "We have strong confidence the housing market is going to continue to grow and improve," he said. Hinrichs added that Ford has the oldest average age of pickups …
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Detroit 3 climb with pickups; industry recovery slips
… entire year," said Kurt McNeil, General Motors' U.S. sales boss. He cited a stable job market, rebounding housing market and rising income and household wealth. Detroit 3 full-sized pickup volume jumped 29 percent to 144,042 units …
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Ford, Nissan lead gains as trucks, new models propel sales up 9%
… to fuel the industry's gains last month. Truck sales are getting a lift from the steady rebound in the U.S. housing market and other construction activity. Easing credit conditions, favorable financing, pent-up demand, and new models …
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April goes Detroit's way
… the segment a point to 6 percent. But the pickup surge is actually good news for everybody. It signals the new- housing market is picking up, a primary stimulant to auto sales that has been ice cold since 2009. "Pickup sales are tied to the …
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A Triple Triumph in Detroit (4/30/13)
… market maintaining its strong sales pace for the sixth consecutive month. That's due in part to a rebounding US housing market and lower gasoline prices. Kelley blue book expects full size pick up sales to 26%. From a year ago. In believes …
the sixth consecutive month. That's due in part to a rebounding US housing market and lower gasoline prices. Kelley blue book expects full size pick up sales to -- 26%. From a year ago. In believes -
Analysts: Fusion, higher prices, mix, consistency drive latest Ford results
… vehicle demand in the U.S., lower wage costs, and factories that are running close to capacity. A recovering housing market is also helping to spur demand for F-Series trucks, which carry higher profit margins than some of the smaller …
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How the Fed fueled surge in subprime loans
… Bernanke, the main proponent of the bond-buying program, said low interest rates have "helped spark recovery in the housing market and led to increased sales and production of automobiles and other durable goods." Indeed, auto sales have recovered …
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Mid-sized crown up for grabs
… climbed to 15.3 million, from 14.1 million in March 2012. It was the fifth straight month above 15 million. "The housing market continues to recover, business spending has picked up, and pent-up demand for vehicles is offsetting any drag …
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How the Fed fueled an explosion in subprime auto loans
… Bernanke, the main proponent of the bond-buying program, said low interest rates have "helped spark recovery in the housing market and led to increased sales and production of automobiles and other durable goods." Indeed, auto sales have recovered …
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AutoNation's March sales rise 7 percent as economy grows
Driven by a strong recovery in the housing market and big gains in pickups, AutoNation Inc., the country's largest dealership group, reported a 7 percent gain in new-vehicle …
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U.S. sales climb again, reach volume last seen in '07
… auto industry in March, with volume soaring 14 percent to 166,076 units in a sign contractors are buying as the housing market revives. Ford's F series pickup led the way with 67,513 sales, up 16 percent. And Ram sold 33,831 pickups …
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March U.S. auto sales will rise 8%, LMC predicts
… February, sales rose nearly 4 percent, delivering a better-than-expected performance on strength in the U.S. housing market . Many executives and analysts have forecast 2013 U.S. industry sales to finish in the 15 million to 15.5 million …
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Good news fuels 4% gain in Feb. sales
… in spite of considerable economic uncertainty. Now automakers say they finally are getting help from an improving housing market and rising consumer confidence, two factors that helped push U.S. new-vehicle sales 4 percent higher in February …
