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S&P Global Mobility projects US sales will hit a seasonally adjusted annual rate (SAAR) of 16.2 million units in 2025, an estimated increase of 1.2% from a projected 16.0 million units in 2024 ...
U.S. manufacturers are optimistic that the sector will emerge from a prolonged recession next year, though capital expenditure growth was likely to fall short of 2024's pace. The Institute for ...
A financial history of the American automobile industry; a study of the ways in which the leading American producers of automobiles have met their capital requirements (1928; reprinted 1973) online; Smitka, Michael. "Foreign policy and the US automotive industry: by virtue of necessity?." Business and Economic History 28.2 (1999): 277–285 online
The concept of yearly styling updates (a practice adopted from the fashion industry) was introduced to General Motors' range of cars by Alfred P. Sloan in the 1920s. This was an early form of planned obsolescence in the car industry, where yearly styling changes meant consumers could easily discern a car's newness, or lack of it. [2]
The following is a list of passenger automobiles assembled in the United States.Note that this refers to final assembly only, and that in many cases the majority of added value work is performed in other regions through manufacture of component parts from raw materials.
Automakers across multiple companies showed mixed results in their first-quarter earnings reports, with GM reporting sales down 1.5% during the first quarter of the year, and Ford signaling its ...
The report indicated that California was the US leader in EV with nearly 40% of US purchases, followed by Florida – 6%, Texas – 5% and New York 4.4%. [ 36 ] In August 2021, the Biden administration issued an executive order that called for half of new vehicles sold in 2030 in the US—including battery electric vehicles , gasoline-electric ...
The auto industry could undergo another makeover if former President Donald Trump wins a second term to the White House this year. While President Joe Biden has made the transition to electric...