by Antonia Massa | May 22, 2014 | Retail
Michael Zajac wasn’t always keen on buying a Tesla car. Then he took one for a test drive at the Tesla Motors store at the Short Hills Mall in Millburn, New Jersey. “Before I saw one in person I was a little skeptical,” said Zajac. “But I liked the store a lot. They...
by Antonia Massa | Apr 30, 2014 | Manufacturing
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...
by Antonia Massa | Apr 14, 2014 | Retail
by Antonia Massa Data: Wall Street Journal Markets Data Center Thawing winter weather drove up auto sales in March, giving the industry some hope after a bout of sluggish sales in the first two months of 2014. U.S. light vehicle sales rose 6 percent to 1.54 million...
by Antonia Massa | Apr 14, 2014 | Manufacturing
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...
by Antonia Massa | Mar 11, 2014 | Retail
By Antonia Massa Data: Autodata Harsh winter weather froze up auto sales in February. With temperatures in parts of the country hovering near zero, new vehicle sales were sluggish, continuing a three-month streak of auto sales falling below expectations. Final...