auto sales

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...

A few days ahead of the month's end, TrueCar Inc (NASDAQ: TRUE) expects total new vehicle sales for September to drop 2.3 percent on a year-over-year basis. Automakers are likely to report September sales number on October 3. The current estimate may incite investor sentiment and speculation that...

Previewing the monthly auto sales results for September in a research note on Tuesday, Citi said the seasonally adjusted annual rate of sales is running in the mid-17 million range, above the 16.9 million-unit rate for August. Strong SAAR Citi's Itay Michaeli noted that incentives, which were...

Tigress Financial Partners is bullish on the U.S. auto industry and expects 2016's total auto sales will meet or even exceed 2015's record level of 17.5 million sold. In a research report published Tuesday, the analysts cited their bullish view on pent-up demand from consumers coupled with...

U.S. auto sales have cooled down this year and are higher by only 1.8 percent year-to-date as consumers are focusing on leases. As such, analysts at Bank of America are now concluding that the auto industry is "entering the top of the eighth inning." The analysts, led by John Murphy, are now...

Women are buying SUV vehicles at a faster rate than men, according to a report by Bloomberg. From 2010 through 2015, sales of small SUV to women surged 34 percent, while sales to men rose just 22 percent, according to Bloomberg, citing data from MaritzCX, a customer-experience software and research...

CNBC's auto expert Phil LeBeau reported on Thursday that car buyers raked in $1.005 trillion in auto loans during the first quarter of 2016. LeBeau noted that the total car loans topped the $1 trillion mark for the first time ever. He attributed the surge in auto loans to the auto industry hitting...

UBS recently issued an automotive industry report highlighting their best performing automotive companies after strong February sales. UBS analysts wrote that Ford Motor Company (NYSE: F) was the biggest winner year-over-year. while General Motors Company (NYSE: GM) reported key metrics below...

Last year, economic improvement coupled with low oil prices created the perfect climate for the auto market. U.S. consumers had more money to spend as unemployment rates fell and savings at the pump increased disposable income. Ultra-low gas prices helped propel the sales of larger vehicles like...

U.S. auto sales hit a record-high 17.47 million in 2015, and industry leaders Ford Motor Company (NYSE: F) and General Motors Company (NYSE: GM) appear to be firing on all cylinders heading into this year’s Detroit Auto Show. However, the percentage of vehicles requiring financing has been...

Automakers on Tuesday released U.S. sales data amid strong expectations. General Motors Company (NYSE: GM), Ford Motor Company (NYSE: F), and Fiat Chrysler Automobiles NV (NYSE: FCAU) all posted strong monthly gains. The seasonally adjusted annual selling rate (SAAR) for light vehicles...

According to The Detroit News, 2015 auto sales could surpass the all-time record of 17.41 million vehicles set in 2000. Automakers sold 1.46 million new cars and trucks in October – the best monthly performance since 2001. Demand for trucks and SUVs continues to drive sales ahead of holiday...

Despite strong October sales numbers, Ford Motor Company (NYSE: F) fell short of peers. News of Ford’s end-of-year sale leaked in late October, and buyers likely delayed purchases as a result. The delayed purchases could drive Fords November/December sales even higher. Despite...