Auto Biz

Financial information, sales numbers, manufacturer news about automotive industry.

GM’s U.S. Retail Sales Higher

GM’s U.S. Retail Sales Higher

General Motors (NYSE: GM) today reported May U.S. retail sales of 191,388 vehicles, up slightly from last year. GM’s May retail performance was driven by exceptionally strong crossover sales at Chevrolet, Buick, GMC...

Steel is Still the Material of Choice for Automotive Design

Steel is Still the Material of Choice for Automotive Design

For the foreseeable future Steel remains the material of choice for the vast majority of automotive chassis and monocoque structural applications.

GM Announces More Than 1,100 Jobs to Expand Cruise Automation Self-Driving Operations in California

GM Announces More Than 1,100 Jobs to Expand Cruise Automation Self-Driving...

GM Adding 1,100 jobs, Investing $14 Million in New Cruise Automation Development Facility and Expanding Self-Driving Technology Research and Development

GM Statement Regarding Shareholder Proposal and Slate from Greenlight Capital

GM Statement Regarding Shareholder Proposal and Slate from Greenlight Capital

General Motors Co. (NYSE: GM) confirmed today that its Board of Directors and management team have thoroughly analyzed and rejected a non-binding proposal that Greenlight Capital intends to submit for a vote at GM’s...

Ford Investing $1.2 Billion in Three Michigan Facilities

Ford Investing $1.2 Billion in Three Michigan Facilities

Ford is investing $850 million in Michigan Assembly Plant to retool the plant to build the all-new Ford Ranger and Ford Bronco.

GM Grows Total and Retail Sales in February

GM Grows Total and Retail Sales in February

Record sales of crossovers, large SUVs and pickups in February drove General Motors’ (NYSE: GM) retail market share up more than one-half percentage point versus a year ago. Average transaction prices, which reflect...

Ford's overall sales down 4 percent versus a year ago

Ford's overall sales down 4 percent versus a year ago

Overall Ford sales down 6 percent versus a year ago. Ford F-Series, SUVs and Lincoln post gains in February, Ford brand SUV sales totaled...

Ford Invests in ARGO AI - A New Artificial Intelligence Company - In Drive for Autonomous Vehicle Leadership

Ford Invests in ARGO AI - A New Artificial Intelligence Company - In Drive for...

Ford Motor Company (NYSE: F) today announces it is investing $1 billion during the next five years in Argo AI, an artificial intelligence...

Ford F-Series, SUVs and Lincoln Drive January Retail Sales Gains; Overall U.S. Sales Down 1%

Ford F-Series, SUVs and Lincoln Drive January Retail Sales Gains; Overall U.S....

Feb. 1, 2017 – Ford Motor Company’s U.S. retail sales of 120,400 vehicles are up 6 percent in January, while total sales declined 1...

GM Reports Record Full-Year Earnings Per Share

GM Reports Record Full-Year Earnings Per Share

General Motors Co. (NYSE: GM) today announced record full-year 2016 results driven by strong retail demand for full-size trucks and SUVs in...