US Durable Goods Orders Surge in January

by Mary Hanbury   Orders for long-lasting factory goods rebounded this month after a December slump, signaling improvement for the struggling U.S. manufacturing sector.   Overall, new orders were up 4.9 percent in January, an improvement from the 4.6 percent decline...

April Auto Forecast: Expect Sales to Even Out

April auto sales come out tomorrow, and they’ll show some growth from last year. But expect to see a slight slowdown from energetic March sales. Total light vehicle sales in the U.S. are expected to reach 1.4 million in April, for an estimated Seasonally Adjusted...
Will car sharing spell doom for automakers?

Will car sharing spell doom for automakers?

by Antonia Massa As car sharing services expand across America, it seems automakers should be sweating. Car sharing fleets grew 24 percent between 2012 and 2013, while membership went up by about the same percentage. If more vehicles on the road are shared through...