Tag: automotive sales news
Volvo reports 11% drop in April sales amid slumping EV demand
Volvo reported on Monday that its sales for April had significantly declined, revealing an 11% drop compared to the previous year. The Swedish automaker...
Hyundai Motor America reports record-breaking April sales
Hyundai Motor America reported record-breaking sales of 81,503 units, up 19% year-over-year for April 2025. These results mark the seventh consecutive month of total...
General Motors reassesses 2025 outlook amid tariff uncertainty despite Q1 beat
General Motors reported its first-quarter earnings on Tuesday, surpassing Wall Street's expectations. The company's adjusted earnings per share landed at $2.78 versus the expected...
Stellantis reports 1.2M global shipments in Q1 2025
Stellantis has released its preliminary global shipment figures for the first quarter of 2025, estimating 1.2 million vehicles delivered worldwide—a 9% year-over-year decline. The...
GM, Ford report diverging Q1 sales results amid tariff concerns
General Motors and Ford Motor Co. released their first-quarter 2025 U.S. sales results, revealing contrasting performances as the auto industry faces rising tariffs and...
Hyundai Motor America reports record sales, but tariffs could pose future...
Hyundai Motor America has revealed that it had a record-breaking March, which was its best March on record and the second biggest month in...
Aston Martin secures funding amid financial challenges
Aston Martin received a $162 million funding boost from its chairman, Lawrence Stroll, to help navigate ongoing financial challenges. The investment comes from Stroll's...
After January slump, Cox Automotive predicts new-vehicle sales recovery in February
New-vehicle sales in the U.S. are expected to rebound in February after a slower-than-expected start to the year. Cox Automotive is forecasting a seasonally...
Ev market reaches new milestones with record sales in December
According to the latest data from Cox Automotive, the U.S. electric vehicle (EV) market reached a new milestone, with both new and used EVs...
Tesla CEO Elon Musk donates fleet of Cybertrucks to assist in...
Tesla CEO Elon Musk is jumping in headfirst to support first responders, employees, and displaced citizens during the tragic L.A. wildfires.
The catastrophic disaster...