WSJ News Exclusive | Fisker Ditches Tesla-Style Direct-Sales Model in Favor of Dealerships
The electric-vehicle startup Fisker is abandoning a direct-to-consumer sales model in the U.S. in favor of using traditional dealerships, after...
Motor Vehicle Dealing
U.S. Auto Sales Bounced Back in 2023
Updated Jan. 3, 2024 11:49 am ETU.S. auto sales rebounded in 2023, boosted by pent-up demand and better availability on...
U.S. Car Sales Expected to Increase Again in the Third Quarter
The car market has yet to see an impact from UAW strike-related factory shutdowns. Source link
Auto Sales Defy Gloomy Forecasts
The U.S. auto industry is expected to have notched a 12%-to-14% rise in new vehicle sales for the first half...
Mondelez Expects Fewer Price Increases This Year
The maker of Oreo cookies and Sour Patch Kids candy said it doesn’t plan to raise prices further in the...
WSJ News Exclusive | General Mills, Audi and Pfizer Join Growing List of Companies Pausing Twitter Ads
WSJ News ExclusiveMedia & MarketingAdvertisers are concerned about a flurry of executive departures at Twitter and new owner Elon Musk’s...
As More Cars Hit Dealership Lots, Buyers Feel Pinch of Rising Interest Rates
More new cars and trucks are finally trickling into dealerships as supply-chain troubles ease and auto makers increase factory output....
Used-Car Buyers Are Seeing Relief on Once-Soaring Prices
Rising used-car prices, which have been a big contributor to inflation over the past year, are starting to ease with...
China’s Latest Covid-19 Lockdowns Begin to Drag on the Economy
China’s strict Covid-19 lockdowns in Shanghai and other industrial hubs are beginning to weigh on its economy, with auto sales...
Toyota, GM Report Slowing U.S. Auto Sales
Major auto makers reported a pullback in U.S. sales for the first quarter of 2022, as a shortage of vehicles...
A New Brand of Sticker Shock Hits the Car Market
How hard is it to buy a car today? For Kevin Peters, it recently involved a one-way flight and 330-mile...
The Hidden Ways Companies Raise Prices
Lettuce Entertain You Enterprises Inc., a Chicago-based restaurant group, has added a 3% “processing fee” to checks at many of...
Toshiba Looks to Split Two Ways Instead of Three
TOKYO— Toshiba Corp. TOSYY 0.92% revised its restructuring plan and said it wants to split into two parts instead of...
WSJ News Exclusive | Ford Shuts Off Orders for New $20,000 Maverick Pickup
Ford F -1.26% Motor Co. is taking the unusual step of cutting off customer orders for the Maverick, a more-affordable...
Family Business Deals Help Fuel Carvana’s Explosive Growth
When Ernie Garcia III came up with a plan to disrupt the used-car market by taking it online, he got...
WSJ News Exclusive | Carvana Faces Government Scrutiny and Fines Following Consumer Complaints
Carvana Co. CVNA 4.40% says its goal is to help consumers sidestep everything people hate about buying used cars, thanks...
Carvana Barred From Selling Vehicles In Raleigh, N.C., Area Until January
North Carolina has suspended online used-car retailer Carvana Co. from selling cars in the Raleigh area until January next year,...
