Topic: Auto Sales

New vehicle sales dropped less than expected in the first 12 days of April amid many closed showrooms due to restrictions to curb coronavirus spread, research firm J.D. Power said.

After two straight days of losses, stocks on Wall Street gained ground Thursday due to a sharp rise in oil prices.

U.S. auto sales will likely be down more than 15 percent this year as spending slows amid the coronavirus pandemic, British research firm IHS Markit said in a global research update Wednesday.

The German economy, which has struggled to find growth for a year, contracted during the second quarter of 2019, government figures showed Wednesday.

U.S. retail sales rose 0.5 percent in May, led by a sharp increase in auto sales -- but nearly all sectors showed growth, the Commerce Department reported Friday.

U.S. auto sales in the first quarter of 2019 indicate the worst downturn in the market in five years, industry monitor J.D. Power and Associates said Monday.

After a not-so-merry holiday shopping season, retail sales bounced back in January, beating Wall Street expectations.

Germany has narrowly avoided slipping into an economic recession, statistics from the fourth quarter of 2018 showed Thursday.

Crude oil prices rose Wednesday after the markets were closed in the previous day, but any rally is likely to be short-lived, as sustainable significant increases are only seen later down the road.

U.S. retail sales rebounded in October as purchases of motor vehicles and building materials increased, the U.S. Census Bureau announced Thursday.

While Ford takes a hit in China due to the trade war between Washington and Beijing, the automaker hopes a new campaign will lift sales in the United States.

Volkswagen is ending production of its iconic Beetle, the German automaker said.

Industry leaders, labor union officials and foreign diplomats had a unified message at a Commerce Department hearing on tariffs on auto imports: Don't do it.

U.S. retail sales increased more than a half-percent last month, U.S. officials said Monday -- more than expected, and a sign of greater consumer confidence.

American automakers performed better than expected in December, putting the industry on track to achieve a new record sales mark for 2016.