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Google Can Disrupt Car Industry But is No Automaker, Daimler Says

Technology companies such as Google are unlikely to become mass car manufacturers, even if they have the potential to disrupt an industry increasingly focused on software and automated driving, the head of German carmaker Daimler said on Friday, reported Reuters. In recent years, automakers and Silicon Valley companies have grown increasingly inter-dependent because next-generation cars ... Read More »

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CNW: Industry Has Reached ‘Razor-Thin Balance’

BANDON, Ore. — CNW Research used an interesting analogy to describe its expectations for 2015 sales, a year in which it believes factors like fuel prices could tip sales either way. “It’s called ‘hard pan,’ and in some parts of the country, it is just below the surface. Dry, it feels like rock, but when ... Read More »

Economist: Auto Sales Will Rise Again Next Year

LOS ANGELES – The good times will keeping rolling for the auto industry next year, with higher sales and continued low gasoline prices, the National Automobile Dealers Association’s chief economist predicts, reported Detroit Free Press. Sales of new vehicles, already on pace to top 16 million for the first time since the mid-2000s, will increase ... Read More »

Some Fear That Auto Industry is Returning to Bad Habits

Big discounts. Six- or seven-year loans, in some cases to buyers who would have been turned down in the past, reported The Detroit News. As the auto industry strives to sustain its post-recession comeback, car companies are resorting to tactics that some experts warn will lead to trouble down the road. Vehicle discounts have risen ... Read More »

Brisk November Car Sales Likely to Add Momentum

Auto-Sector Jobs Account for Much of October Growth

Confidence Over Autos Stays Firm

White House Summit Targets Auto City Hardships
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