Tag: auto sales report
New interest rate hike likely for May, but relief may still...
The Federal Reserve is set to deliberate another interest rate hike starting May 2 after inflation edged upward once more.
The increase would bring the...
Mercedes-Benz sees revenue, earnings increase despite Russian exit
In its first-quarter financial report released on April 28, Mercedes-Benz reported substantial growth thanks across its automotive segments but noted that economic conditions remained uncertain.
According...
Toyota crosses reduced production target, but stays quiet on new guidance
Toyota passed its fiscal-year production target of 9.1 million vehicles in March, but spoke cautiously on the year ahead.
On April 27, The automaker revealed...
Why dealer transparency is key to healthy OEM relations — Peter...
Tensions between OEMs and retailers have never been more strained, but could both sides benefit from simply taking a step back and re-examining their...
Penske Automotive reveals record revenue and sliding profits in Q1
Penske Automotive published its first-quarter performance numbers on Wednesday April 26, revealing some disquieting financial results on top of record-breaking revenue.
According to the dealership...
