Though sales of cars and trucks in the U.S. continue to be more sluggish than expected, automakers are enjoying the largest increase in average transaction prices in more than five years. Industrywide, consumers
initiative. Although some automakers have tried to woo consumers and win government support by claiming to champion greener cars, policymakers must realize that the growth in sales of oil-guzzling sport-utility vehicles actually led the auto boom in the
initiative. Although some automakers have tried to woo consumers and win government support by claiming to champion greener cars, policymakers must realize that the growth in sales of oil-guzzling sport-utility vehicles actually led the auto boom in the
Advocates of the bill said the measure will help consumers get their cars repaired more inexpensively because consumers will be able to get their cars fixed at independent mechanics’ shops where they will have access to the same diagnostic information as
being overwhelmed by the billion-strong demands of Chinese consumers aspiring to a Western style of living with more cars and creature comforts, the New York Times reported on Monday. The newspaper acknowledged Beijing’s green efforts as the world’s most
will they be recharged? Without a network of convenient charging stations, many consumers are reluctant to embrace battery-powered cars. (Forget how much the technology will set you back.)Eager to be at the forefront of the electric car era, some cities
Consumers in mainland Europe are refusing to buy new cars as scrappage schemes come to an end and governments prepare to cut spending Consumers on the continent are refusing to buy cars as scrappage schemes end and governments signal austerity
tumbled 1.2 percent, the biggest and first drop since September, as consumers pulled back their spending from cars to clothing, while analysts were expecting a moderate jump. Consumer spending is closely watched because it accounts for more than 70
sales plunged in May by the largest amount in eight months as consumers slashed spending on everything from cars to clothing. The big drop raises new worries about the durability of the economic recovery. The Commerce Department says that spending fell
Americans shrugged off fewer discounts and a scary stock market plunge last month, snapping up new automobiles and delivering another month of higher sales for carmakers. The industry’s double-digit jump in sales shows that consumers feel the economy