Ford reports 7.1% increase in U.S. vehicle sales

2024 Ford F-150 PowerBoost Platinum hybrid Ford DETROIT – Ford Motor’s U.S. sales increased about 7% last year, marking the automaker’s best sales since 2020 but coming in lower than the overall industry’s growth. Ford on Thursday reported sales of nearly 2 million vehicles in 2023, a 7.1% increase from the previous year. The company … Read more

Top 10 best-selling cars in the U.S. in 2023

2023 Ford Super Duty F-350 Limited Ford DETROIT – America maintained its love affair with pickup trucks in 2023 — but a top-selling vehicle from Toyota Motor nearly ruined their tailgate party. Sales of the Toyota RAV4 compact crossover came within 10,000 units of Stellantis‘ Ram pickup truck last year, a near-No. 3 ranking that … Read more

Ford F-150 Lightning EV price adjustments

The Ford F-150 Lightning Electric Truck. John Tlumacki | Boston Globe | Getty Images DETROIT — Ford Motor is increasing the price of some 2024 F-150 Lightning models, while lowering the costs of its most expensive models. The Detroit automaker confirmed Wednesday that new starting prices for the pickup will range from $54,995 for an … Read more

GM’s 2023 U.S. vehicle sales were its best since 2019

DETROIT – General Motors’ U.S. vehicle sales increased 14.1% last year to represent the automaker’s best year since 2019, prior to the impacts of the coronavirus pandemic and yearslong supply chain problems. The Detroit automaker on Wednesday reported sales of roughly 2.6 million vehicles in 2023, including 625,176 cars and trucks sold during the fourth … Read more

49ers players go nuts in tunnel watching Eagles blow their game

Fred Warner celebrates after the San Francisco 49ers beat the Washington Commanders on Dec. 31, 2023. Warner would then celebrate even harder in the tunnel when the 49ers clinched the NFC’s top seed. Greg Fiume/Getty Images When the 49ers got crushed by the Ravens on Christmas night, it seemed like the battle for the NFC’s No. … Read more

Companies losing pricing power after years of unbridled spending

A FedEx worker delivers packages in New York, May 9, 2022. Andrew Kelly | Reuters After years of unbridled consumer spending on everything from home improvement to dream vacations, some companies are now finding the limits of their pricing power. Shipping giant FedEx last week said customers have shied away from speedier, pricier shipping options. … Read more

GM has cut its Buick dealership network in half through buyouts

DETROIT – General Motors has cut the size of its Buick dealership network roughly in half in the U.S. through an ongoing voluntary buyout program, an executive told CNBC. The 1,000-store reduction aims to increase the amount of sales per location, or throughput, and profits at the remaining dealers, according to Duncan Aldred, global head … Read more

New car sales expected to rise next year

New Kia cars are displayed on the sales lot at San Leandro Kia on May 30, 2023 in San Leandro, California. Justin Sullivan | Getty Images DETROIT – Sales of new vehicles in the U.S. are expected to increase slightly next year, as the automotive industry continues to normalize from the coronavirus pandemic and other … Read more

Cadillac reveals three-row Vistiq to round out electric SUV lineup

The 2026 Cadillac Vistiq EV. Cadillac DETROIT — Cadillac plans to round out its upcoming lineup of all-electric SUVs with a three-row vehicle called the Vistiq, a replacement for its current gas-powered XT6. The General Motors luxury brand on Thursday released images of the Vistiq, which is expected to be its fifth EV, and slot … Read more

Passenger numbers expected to explode over the holidays at SFO, Bay Area airports

FILE: Aerial view of San Francisco International Airport with United Airlines jets in 2017. Smith Collection/Gado/Getty Images In this week’s news, airline travelers are expected to number a record 3 million on several days over the Christmas holidays; a new competitor enters the busy SFO-Taipei route; Alaska Airlines inks a partnership with a fast-growing Canadian carrier; United updates … Read more