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🚗5 charts that show it’s one of the worst times to buy a used car
Read full article: 🚗5 charts that show it’s one of the worst times to buy a used carChaos is back in the used car market. While prices had finally started to drop towards normal late last year, this trend has abruptly reversed course.
GM to sink over $900M into 4 plants, Flint to get new engine
Read full article: GM to sink over $900M into 4 plants, Flint to get new engineGeneral Motors says it will spend more than $900 million to update four factories, with the bulk going to an engine plant in Flint, Michigan, to build the next-generation V8 for big pickup trucks and SUVs.
GM's $2.94B 1Q profit tops Street views, but revenue misses
Read full article: GM's $2.94B 1Q profit tops Street views, but revenue missesGeneral Motors’ net income declined in the first quarter, as the automaker sold fewer cars and trucks worldwide, though higher prices helped boost revenue, especially in North America.
U.S. auto sales fall in Q1 as chip shortage slows factories
Read full article: U.S. auto sales fall in Q1 as chip shortage slows factoriesU.S. new-vehicle sales fell about 12% in the first quarter compared with a year ago, as the global computer chip shortage continued to slow factories amid high consumer demand.