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Honda operating profits

Honda’s Q3 performance a mixed bag: more operating profits, fewer sales

Last Friday, Honda published its third quarter financial summary, revealing impressive gains in operating profits but disappointing sales and limited production. The automaker's operating profits...
Q4 of 2022

Lucid finished Q4 of 2022 strong, but still faces challenges

Electric Vehicle newcomer Lucid announced it had beaten last year's production target thanks to a strong performance in Q4 of 2022. The automaker's revised manufacturing...

EV newcomer Polestar beat 2022 sales goal, hit 51,500 orders

One of the newest electric vehicle brands, Polestar, had exciting news for the auto-world after it surpassed its 2022 sales goal. The Sweden-based EV manufacturer...
sales volume

How Hyundai is planning to beat last year’s sales volume

Hyundai and its subsidiary, Kia, now expect to beat last year's sales volume by 670,000 units, achieving a total of 7.52 million. In its statement,...
Fed interest rates

Why the Fed raised interest rates again, and why it matters...

The Federal Reserve has now raised interest rates to their highest since 2008, solidifying the concerns of many industry insiders that the auto-market will...
Toyota, global output

Toyota tops General Motors for 2021 total sales in U.S.

For the first time since 1931, General Motors is not the best-selling vehicle brand in the United States. Toyota exceeded all other brands in...
automotive sales

March Signifies a Rocky End to 2019’s First Quarter Automotive Sales

March is 2019’s first indicator that the tide is changing regarding automotive sales trends. Marketing research firm, J.D. Power revealed that first-quarter sales for...

Defied Expectations, Rising Prices, and High Consumer Confidence Define August

There has been much speculation about how the rest of 2018 would shape up when it came to auto sales. Many signs have pointed...
october sales numbers

The Month That Defied Expectations: October’s Auto Sales

2017 has been a rough year for many automakers. The industry as a whole experienced eight months of declining sales, with only a few...

Truck & SUV profits holding strong as car sales decline

  In this interview from CNBC, Karl Brauer, Kelley Blue Book, says cars, unlike trucks, are not giving automakers the profits they want to see....