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Hertz in talks with creditors to avoid debt default, faces May 4 deadline
Hertz Global Holdings Inc said on Wednesday it was in talks with its lenders to avoid defaulting on debt related to its rental vehicle fleet, after skipping a payment that was due April 27......»»
Coronavirus Impact Drives Car Carrier To Reduce Fleet, Workforce
As the coronavirus pandemic has put the brakes on vehicle production and auto sales around the world, car carrier Wallenius Wilhelmsen is laying off workers and laying up ships. read more.....»»
Chinese Car Sales Thrashed In March As Unprecedented Collapse Slump Continues
Car sales in China, the world's largest vehicle market, continue to tumble, exposing an increasingly ugly picture for the global automotive market. The data marks a dismal and protracted reversal in a ma.....»»
September U.S. Auto Sales Expected To Collapse
According to the latest estimates released by Edmunds, new vehicle sales for September are expected to collapse both.....»»
Why Equipment Rental Firm Herc"s Shares Are Surging Today
Herc Holdings' Q1 FY24 reported a 9% sales surge to $804 m.....»»
No More Inventory Discounts On Tesla Cars As CEO Elon Musk Says Sales System Has Turned "Complex And Inefficient"
On Tuesday, Tesla eliminated inventory discounts across its vehicle lineup, excluding demo cars or used vehicles. read more.....»»
Tesla Slides As April Data Shows Collapse In Chinese Sales
Tesla Slides As April Data Shows Collapse In Chinese.....»»
S&P Dow Jones Indices to pay $9 million to SEC over its role in the collapse of a volatility-trading vehicle
S&P Dow Jones Indices to pay $9 million to SEC over its role in the collapse of a volatility-trading vehicle.....»»
Dallas-Fort Worth’s single-family rental market even hotter than home sales market
Home buyers beware. Renters be wary. If you think the Dallas-Fort Worth single-family home sales market is sizzling this spring, try the single-family rental market. It's even hotter......»»
: Tesla stock falls again after downbeat China sales data
Shares of Tesla Inc. took another dive Tuesday, after the electric vehicle maker's April sales in China fell sharply from March, more so than its rivals amid negative public relations issues......»»
Warren Buffett-Backed BYD Outdoes Nio, Xpeng, Li Auto In April EV Deliveries
Chinese automaker BYD Co Ltd’s (OTC: BYDDF) all-electric vehicle sales soared in April and the company sold more than twice as many electric vehicles as its closest rival Nio Inc (NYSE: NIO) during the month amid suppl read more.....»»
Ford April vehicle sales jumped to nearly 200,000, as EV sales soared nearly fourfold
Ford Motor Co. said Tuesday that total U.S. April vehicle sales rose 64.8% from a year ago to 197,813 vehicles, boosted by a near fourfold rise in electric vehicle (EV) sales. April retail sales were 57.1.....»»
Tesla"s Model 3 The World"s Best-Selling Luxury Sedan In Q1
During Tesla Inc's (NASDAQ: TSLA) Q1 earnings call, the company announced profitability and increasing vehicle sales worldwide. The future of full self-driving vehicles, energy storage and vehicle production was also discussed. read more.....»»
TrueCar sees April new vehicle sales up 97% from last year
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Washington State Mulls Bill To Ban New Gas Vehicle Sales By 2030
Washington State Mulls Bill To Ban New Gas Vehicle Sales By 2030 Washington State is on track to ban new gas .....»»
AutoNation reports Q1 same-store new vehicle unit sales increased 22%
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Choosing Company Cars: 5 Tips For Business Owners
Whether you run a small business or are in charge of a large fleet of vehicles for your company, choosing the right business vehicle is no easy task. In general, t.....»»
China Passenger Vehicle Sales Scorch Higher By 69% In Q1
China Passenger Vehicle Sales Scorch Higher By 69% In Q1 Auto sales in China have scorched back past pre-pandemic levels, with passeng.....»»
Portland lending incentives, government rebates, and automaker commitments accelerate green vehicle adoption
There’s momentum for EV everywhere you turn. Global sales of electric cars soared 43 percent in 2020 to more than three million, despite over.....»»
Warren Buffett-Backed BYD Outdoes Nio, Xpeng, Li In March EV Deliveries
Chinese automaker BYD Co Ltd’s (OTC: BYDDF) all-electric vehicle sales more than doubled in Q1 and it sold nearly twice as many overall electric vehicles as its close rival Nio Ltd (NYSE: NIO) from January to March. read more.....»»