Posted by Reuters: Business News on June 1, 2011
DETROIT (Reuters) – Car sales sputtered in May, slumping to levels that were much lower than expected as higher vehicle prices led consumers to put off purchases in the face of a weakening economy.
Posted by Reuters: Business News on May 5, 2011
DETROIT (Reuters) – A tripling of profits by General Motors Co was marred by incentives to lift car sales, raising doubts about the automaker’s ability to maintain momentum since emerging from bankruptcy.
Posted by Reuters: Business News on January 4, 2011
NEW YORK (Reuters) – U.S. stock index futures rose on Tuesday as optimism continued to permeate the market ahead of data on factory orders and car sales.
Posted by Reuters: Business News on September 1, 2010
BEIJING/PARIS (Reuters) – Asian auto sales soared in August, boosted by government incentives although U.S. economic uncertainty and slowing growth in China look set to curb demand, while in Europe car sales fell as scrapping bonuses ran out.
Posted by Reuters: Business News on August 22, 2010
HONG KONG (Reuters) – BYD Co Ltd , a Chinese carmaker backed by U.S. billionaire Warren Buffett, posted lower-than-expected second quarter earnings, which fell substantially from the previous quarter as China’s booming car sales lost steam in a slowing economy.
Posted by Reuters: Business News on July 7, 2010
NEW YORK (Reuters) – Sirius XM Radio Inc added about 583,000 net subscribers in the second quarter, bringing its total base to 19.5 million as healthier car sales lifted demand for satellite radio.
Posted by Reuters: Business News on March 2, 2010
GENEVA/SEOUL (Reuters) – Carmakers are bracing for lower sales in Europe this year as incentive programs end, while elsewhere companies are seeing opportunities in their competitors’ product recalls.
Posted by Reuters: Business News on December 29, 2009
TORONTO (Reuters) – Auto sales will gain momentum worldwide in 2010 on the back of better access to credit and a return to 3 percent growth in the global economy, setting the stage for record volumes in 2011, according the latest industry forecast from Scotia Economics.
