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U.S. auto sales maintain momentum despite rising fuel prices, budget cuts


U.S. auto sales in February remain strong despite rising fuel prices and the threat of new government spending cuts, according to analysts. LMC Automotive, the forecasting partner of J.D. Power and Associates, today projected a seasonally adjusted annualized sales rate of 15.2 million for February, based on the first 14 days of the month. LMC also raised its forecast for the ...
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More us car market articles

Number of U.S. car dealerships on the rise, study reveals
The number of U.S. auto dealerships rose for the second consecutive year in 2012 and is expected to rise for the next few years, a study says. As of Jan. 1, ...
GM lowers Chevy Malibu price to appeal to online buyers
General Motors has lowered the price of its Chevrolet Malibu sedan by hundreds of dollars to compete with better-selling mid-sized sedans. In an effort to make the Malibu more appealing to ...
Detroit 3 post double-digit sales growth in the U.S. in January
General Motors, Ford and Chrysler all posted double-digit sales growth in the U.S. in January, as demand stood strong and the economy recovered. Ford posted a 21.8 sales increase last month, ...
Marchionne: Alfa Romeo brand will return to U.S. in late 2013
The Alfa Romeo brand will return to the U.S. market late this year, Fiat and Chrysler CEO Sergio Marchionne said. The executive said the Alfa Romeo 4C will be the first ...
Detroit: Cadillac ATS, Ram 1500 win North American Car and Truck of the Year awards
The Cadillac ATS was awarded the North American Car of the Year, while the Ram 1500 got the North American Truck of the Year award at the Detroit auto show. The ...
DETROIT LIVE: BMW introduces entry-level 320i in the U.S., starts from $33,445
BMW is displaying at the 2013 Detroit motor show the new entry-level 320i model that will join the 3 Series U.S. lineup this spring. Priced an $33,445 including $895 for destination, ...
Report: U.S. auto sales growth to outpace global growth in 2013
The United States will increase its share of world auto sales this year even as its economy cools, analysts and executives predict ahead of the Detroit Auto Show. According to most ...
GM CEO expecting modest market share gain in the U.S. this year
General Motors expects a modest market share gain this year in the United States, the company's CEO said. GM will introduce new models this year and hopes to grow faster than ...
GM likely to maintain U.S. market share in 2013, report says
GM is likely to maintain its position in the U.S. in 2013 after its market share dropped to the lowest point since 1924. That was the first full year of Alfred ...

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