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For those who are looking for a good car deal this Black Friday, you need to know that there are also other days which will make you pay the same money on the car you want, so you can skip the crowds and stay in bed. The unofficial consumer holiday is often touted as the best day to get some major discounts, but new data shows Black Friday is only the fifth-best day to get a heavily discounted car. December 31 is the best day to get a new car. You can expect 8.8 percent off of the normal sales price. Dealers slash car prices to get units off the floor and out the door, boostin...
To clear out bulging inventories of unsold cars and dispel investor doubts about consumer demand, automakers in the United States are ramping up holiday sales promotions ahead of Black Friday. Detroit automakers need a strong year-end sales push. They are sitting on hefty inventories of unsold sedans, compact cars and sports cars as consumers shift to pickup trucks and SUVs. The share prices of General Motors, Ford Motor, and Fiat Chrysler Automobiles NV are flat to down for the year. This reflects investor concerns that a six-year auto sales boom in the United States is reaching an end and th...
The U.S. auto sales forecast in 2016 remains at 17.4 million vehicles, but with a bias toward the upside. That would allow a new record beyond last year's record of 17.39 million vehicles or 17.47 million vehicles. Next year is pivotal for the auto industry, due to the chance of an economic stimulus plan under a Donald Trump presidency and the likelihood that attractive consumer discounts, or incentives, are pulling some 2017 sales into the current year. The U.S. economy and auto industry could be facing a boom or bust, depending on which policies are focused on and implem...
A group of automakers and tech firms advocating for autonomous vehicles has called on U.S. regulators to change federal auto safety standards that effectively prohibit the operation of a car without the presence of a driver. The Self-Driving Coalition for Safer Streets wants the National Highway Traffic Safety Administration to amend certain Federal Motor Vehicle Safety Standards that it says limit fully autonomous vehicles, the group said in a statement. The group, whose founding members are Ford Motor Co., Google, Volvo, Uber and Lyft, also called on Congress to enact legislation ...
Volkswagen will export the Atlas large SUV to Russia from the United States starting at the end of next year. The executive, who has knowledge of VW's product plans, added that the Atlas will be offered with a 2.0-liter diesel in Russia. The source said it is unlikely that the SUV will be sold in western Europe. When asked at the auto show here this week for confirmation on the plan for the Atlas, VW brand's sales and marketing boss, Juergen Stackmann, said that Russia is one of the markets they are considering. The Atlas, which will be build at VW's factory in Chattanoo...