A nation that many economic experts consider on the cusp of becoming a superpower, Brazil, is looking for ways to bolster new car loans and improve the welfare of its local automakers. Slow vehicle sales have sent inventory soaring to 2008 levels, but as Brazilian media indicates, the government is taking actions to stimulate automotive Read on! →


October was a banner month for GM and Ford sales. General Motors and Ford Motor Co. both posted large profits thanks to strong October auto sales. The adjusted sales rate for October was in the double digits, and domestic automakers are reaping huge benefits. The initial public offering for GM stock is inching closer still, Read on! →


Volvo, the Gothenburg, Sweden-based automaker owned by Chinese manufacturer Zhejiang Geely Holding Group Co., is reeling from less-than-promising auto sales numbers in North America. Volvo CEO Stefan Jacoby has sounded the partnership call. Before an audience at the Automotive News Europe World Congress in Mexico, Jacoby noted Volvo prefers to use a pre-existing North American Read on! →


Consumers are eating up new automotive deals, reports The Detroit News. Experts predict that May automotive sales may spike by as much as 30 percent. Lower gas prices are expected to bring even more truck buyers into auto showrooms, analysts indicate. Up 32 percent from 2011 TrueCar.com analysts predict that auto sales in May 2012 Read on! →


The management of European automaker Opel is determined to avoid massive job cuts as a response to sagging European auto sales. Opel will reportedly present a plan Thursday that focuses on model strategy via brand positioning and a renewed push in export markets, all the while avoiding what many experts believe are inevitable layoffs. By Read on! →


August auto sales in the U.S. managed to fall short of July’s rebounding pace, reports Automotive News. The reasons for this were largely two-fold, according to experts: falling consumer confidence and the disruption caused by Hurricane Irene along the East Coast. US economy still showing a frown A Bloomberg survey of August automotive sales noted Read on! →


Automotive industry giants continue to jockey for position. According to Automotive News, a familiar name continues to sit atop the automotive sales throne. Toyota’s April auto sales were up 12 percent, well about the 2 percent gain experienced by the rest of the industry. It was enough to keep Toyota ahead of fast-charging rival Chrysler Read on! →


New reports show that auto sales remained brisk in March, hovering near the four-year high numbers seen in February. It is yet another sign of an improving economy and a thriving auto industry. Kia the most improved Kia Motors America showed the most improvement, making March its best month yet for U.S. sales. The South Read on! →


LMC Automotive, formerly J.D. Power Automotive Forecasting, has revised its June prediction of 2012 U.S. light vehicle sales prediction downward. However, it is still predicting a record year for global auto sales, in spite of grim economic forecasters domestically and abroad. Auto sales strong,despite slowdown The forecasting firm original predicted that the U.S. auto rate Read on! →