AUTO SALES
U.S. residents finally replacing cars and trucks, boosting vehicle production 
People are finally replacing the cars and trucks they held on to during the economic slump, giving a big boost to U.S. auto sales in November. Chrysler, Ford, Nissan and Hyundai were among the companies reporting double-digit gains from last November, which is normally a lackluster month because of colder weather and holiday distractions. This November, buyers were lured by good deals, improving confidence in the economy and the need to trade in older cars.
By Tom Krisher and Dee-Ann Durbin , December 01, 2011
New car buyers may have to wait until fall to find bargains
New car buyers looking for a bargain this summer may have to wait. Dealers usually offer discounts during the warmer months to clear out older models, but cars are in short supply this year because of the Japan earthquake and other factors.
By Dee-Ann Durbin , June 01, 2011
Domestic auto sales show promise
GM’s July sales rose 2.6 percent from the previous month and 5 percent from July of last year. Ford said its sales from June to July were flat, but were up 3 percent compared with July last year.
By Associated Press , August 03, 2010
Toyota halts U.S. sales of eight recalled models
Toyota is suspending U.S. sales of eight car and truck models to fix sticking gas pedals and halting production lines at plants from Texas to Canada to deal with the problem, the latest to confront the world’s No. 1 automaker.
By Ken Thomas , January 26, 2010
Chrysler, Ford report sharp sales drops in 2009
Chrysler Group LLC posted its worst sales in 47 years, selling just over 931,000 cars and trucks. It was the first time sales dropped below 1 million since 1962. Ford Motor Co. said full-year sales declined 15 percent, but the company said it posted its first full-year gain in U.S. market share since 1995.
By Dee-Ann Durbin and Tom Krisher , January 05, 2010
September retail sales fall 1.5% post Clunkers
Retail sales declined in September by the largest amount this year as car sales plummeted following the end of the government's popular Cash for Clunkers program. But outside of autos, sales were better than expected.
By Martin Crutsinger , October 14, 2009
China auto sales jump 78 percent in September
China’s vehicle sales vaulted 78 percent in September from a year earlier, widening a lead over the U.S. as the world’s top auto market, with sales spurred by tax cuts and government stimulus spending.ng.
By Elaine Kurtenbach , October 13, 2009
GM gambles on 60-day guarantee
For years, General Motors Co. and its Detroit rivals have argued that their cars are as good as or better than those made by Japanese brands, but consumers either didn’t believe them or didn’t hear the message.
So, in a desperate attempt to lure back skeptical buyers, GM is introducing a 60-day guarantee offering people their money back if they aren’t satisfied with its vehicles.
By Tom Krisher and Emily Fredrix , September 11, 2009
Higher auto, gas sales push up May retail sales
The Commerce Department said today retail sales increased by 0.5 percent last month, in line with economists' expectations. It was the largest increase since sales surged by 1.7 percent in January following six straight declines.
By Martin Crutsinger , June 11, 2009
Ford posts $1.4 billion 1Q loss, burns less cash
Ford Motor Co. reported a first-quarter loss of $1.4 billion today and said it burned through less money while restructuring without government aid during a severe auto sales downturn.
By Kimberly S. Johnson , April 24, 2009
MnDOT might delay highway, bridge projects
Some highway and bridge projects due to start in 2010 and 2011 may be delayed, because of a drop in auto sales taxes and license tab fees that help pay for road construction. The fees and taxes have decreased as the recession led to a drop in automobile sales.
By Associated Press , April 03, 2009
Trade-in bonus boosts German car sales
As Canada and the U.S. reported dismal vehicle sales numbers in February, one European country saw sales jump, boosted by a new program that pays consumers 2,500 euros to trade in their old cars.
By Kristine Owram , March 06, 2009
U.S. auto sales continue to plummet
Ford Motor Co.’s U.S. sales fell 48 percent from a year earlier, while Toyota Motor Corp. posted a 40 percent drop, proving that massive layoffs, the stock market decline and sliding home values are prompting people to hold on to their cars longer. Those who are buying are more often opting for a used car or truck.
By Tom Krisher , March 03, 2009
Japan auto sales plunge 32 percent in February, biggest fall since 1974
The Japanese bought 218,212 vehicles for the month, the Japan Automobile Dealers Association said in a statement. The February figure marked the seventh consecutive month of year-on-year decline.
By Associated Press , March 02, 2009
GM falls behind Toyota in annual global sales
Japan's Toyota Motor Corp. sold more cars and trucks last year than General Motors Corp., stripping the Detroit automaker of the No. 1 global sales crown. But it's a victory made hollow by the overall industry's continued struggle for viability amid one of its worst sales declines ever.
By Bree Fowler , January 21, 2009
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