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Tesla Motors Inc. shares have shifted into high gear Monday, reported The WSJ. The stock is having its best day in five months, up as much as 8.8%, after the electric-car company reported Friday that first-quarter vehicle deliveries came in stronger than expected. Stock markets were closed Friday in observance of Good Friday, so shares ... Read More »
Nissan Motor Co Chief Executive Carlos Ghosn said on Thursday the automaker needs more capacity in North America to fuel its growth, reported Reuters. Demand for Nissan Rogue sport utility vehicles can be supplied in the short term from plants in Korea and Japan, but longer term “we obviously need more capacity in North America,” ... Read More »
South Korea’s Hyundai Motor aims to boost its U.S. sales by 4.7 percent this year, ahead of the industry’s projected growth rate, despite a consumer shift to SUVs and pick-up trucks, reported Reuters. Sales of Hyundai’s mainstay sedans, the Elantra and Sonata, have slowed in the United States as consumers take advantage of lower fuel ... Read More »
BMW expects sales to rise further next year as new models boost demand, the German carmaker’s finance chief told a newspaper on Saturday, without giving a detailed forecast, reported Reuters. “Of course we expect further growth in 2015 as we will see the full effect from new models coming to the market on production and ... Read More »
New York – Auto analysts said Tuesday U.S. sales will continue to rise in the next few years, but the pace of growth will slow further in 2015, reported The Detroit News. U.S. auto sales are on pace to rise 5 percent in 2014 to 16.4 million — the best performance since 2006 — after ... Read More »
SCOTTSDALE, Ariz.- Digital Air Strike, one of the nation’s leading automotive social media, online reputation and lead-response companies, announced today that Inc. magazine has named it as one of the Top 5000 Fastest-Growing Private Companies in the country. Based on a three-year growth rate of 313 percent, Digital Air Strike ranked #1 in revenue/#5 in ... Read More »
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