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Tag : Automotive

Michael Kahn of Superior Automotive awarded $256 million in lawsuit against Nissan

On Tuesday an Orange County jury awarded Michael Kahn, owner of Superior Automotive Group, $256.5 million in a suit against Nissan’s financing arm.

May 24, 2017
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U.S. Light-Vehicle Sales Dropped By 1.7 Percent In March

March sales of U.S. light-vehicles fell by 1.7 percent, as many major automakers experienced decreases, including Honda, Ford, Toyota, FCA, Hyundai and Kia. Although truck demand is strong, these numbers suggest that the auto industry’s car sales boom is losing momentum. In 2016, light-vehicle sales reached a record high of 17.54 million. However, even with […]

April 4, 2017
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Top Things To Know About February Sales

Due to a decline in car demand, U.S. light vehicle sales slipped by 1.1 percent in February, as higher incentives and holiday promotions failed to help the industry rebound from a drop in January volume.

March 2, 2017
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2016 Investments In Car Tech Startups Exceeds $1 Billion

There’s no question that the car tech market is growing quickly. According to a report from CB Insights, more than $1 billion was invested in this space in 2016, which marks a 30 percent increase in deal activity over the previous year.

Feb. 23, 2017
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Sonic Automotive Hits Record Fourth-Quarter Levels For Several Metrics

The company has resumed acquisitions, increased its product mix toward the more lucrative luxury and import brands, is installing a dealer-management system across all its stores, and has a bold strategy for new and used vehicles.

Feb. 22, 2017
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Report: A Ten Year Strategic Outlook For The North American Automotive Market

Market research analysis company Commodity Inside has released its report, “A Ten Year Strategic Outlook for the North American Automotive Market,” to provide insights into the current state of the auto industry and its future direction.

Feb. 16, 2017
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Report: Tesla May Have Frequent Vehicle Upgrades

Musk indicated new Tesla Models Could Arrive every 12-18 Months.

Jan. 23, 2017
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2016 Car Sales In Europe Reach Nine-Year High

Car sales in Europe increased by 6.5 percent to 15.1 million in 2016, marking a nine-year high, with demand propelled by growth across key markets in the region.

Jan. 17, 2017
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REPORT: NADA Predicts 17.1 Million New-Vehicle Sales in 2017

NADA and J.D. Power held their quarterly economic briefing today, and they say the numbers look good.

Nov. 15, 2016
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