Nearly 10m fewer cars were built this year due to supply chain issues and a semiconductor shortage, analysts say. Research by market intelligence group LMC Automotive estimated a 9.6m global shortfall in the number of light vehicles produced through 2021. European carmakers are expected to have suffered the biggest hit, […]
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Check out what’s clicking on FoxBusiness.com. Average transaction prices (ATP) for new cars hit an all-time high of $46,320 in November, marking the eighth consecutive record-setting month. New car inventories remain low amid the ongoing production shortage. (Luke Sharrett/Bloomberg via Getty Images) According to Kelly Blue Book, the figure marks […]
Test drive: 2021 Honda Ridgeline The Honda Ridgeline has been redesigned for 2021 to make it look more like a traditional pickup, but Fox News Autos Editor Gary Gastelu says it remains a unique option in the midsize class. The number of new cars being sold is from record levels, […]
Jamie Nonni, part-owner of Throttle Car Club shows off the display lobby of the new club, located on the Downs property in Scarborough, and a 1955 Chevrolet pickup truck that belongs to one of the club’s members. Nonni said he plans to rotate display vehicles in the lobby. Sean Murphy […]
Last year brought unprecedented changes across nearly every industry, and automotive was no exception. In fact, the auto market continues to exceed expectations. Compared to March 2020, TrueCar estimates vehicle sales were up 42% in March 2021. So, if you’re in the market to buy a car, you’re in great […]
Douglas Campbell of Avis Budget Group and Jennifer Costabile GM are featured speakers at the 2021 CAR event, June 15-17 at Caesar’s Las Vegas. Photo: CAR This year’s Conference on Automotive Remarketing will mark a bigger notch in time than usual following the disruptions and changes brought […]
From the November 1989 issue of Car and Driver. Never let it be said that we at Car and Driver don’t make that extra effort to find new and exciting locales for our road tests. In our never-ending quest to bring you the best in automotive entertainment, we’ve battled Baja, […]
Several auto makers reported relatively brisk U.S. sales to finish 2020, stoking optimism the car business this year can continue its climb back from the Covid-19 crisis. General Motors Co. said Tuesday that fourth-quarter sales rose 4.8%, GM’s only quarterly increase of 2020. Toyota Motor Corp. said its sales in […]