The estimated seasonally adjusted annualized rate of U.S. new vehicle sales continues to hover around the 17 million-unit mark after several major manufacturers enjoyed year-over-year improvements in November.
December 5, 2019
The U.S. Department of Justice has opened a criminal investigation into Ford Motor Co.’s emissions testing and certification processes, the factory revealed in an SEC filing today.
April 26, 2019
Hyundai Motor Co. and Kia Motors Corp. face new investigations into a spate of mechanical issues, including engine fires, that has led to the recall of millions of vehicles sold in the U.S.
March 19, 2019
Federal Reserve Chairman Jerome Powell announced the fourth interest-rate hike of the year while downgrading central bankers' expectations for economic growth in 2018 and 2019.
December 20, 2018