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Automotive News Breaking NewsAutomaker News Feed
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News as it happens from autonews.com
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Guide audits certified segment
Sales of certified used vehicles fell 10 percent last year, to 1,528,487 units. The drop followed seven years of solid growth. But certified sales though July this year rebounded 1 percent to 953,764 from the same period last year.
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Chrysler's sales rise in a down month
Chrysler Group's 7 percent sales increase in August bucked the industry's 21 percent tumble. There are several reasons Chrysler was able to enjoy its fifth straight month of year-over-year sales increases.
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Taxpayers likely to face initial loss on General Motors IPO
The U.S. government is likely to take a loss on General Motors Co. in the first offering of the automaker's stock, six people familiar with preparations for the landmark IPO said.
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