Good News, Car Sales | featured news

Retail sales recorded their largest gain in five months in February as Americans snapped up motor vehicles and bought a range of goods even as they paid more for gasoline, government data showed on Tuesday.

General Motors says its U.S. sales rose 18 percent in August as fuel-efficient vehicles helped offset economic uncertainty and bad weather. Other automakers may not fare as well.

Stocks are shaking off a two-week slump after a report on retail sales wasn't as bad as economists had predicted... The government said Tuesday that retail sales edged down 0.2 percent last month, the first decline in nearly a year. That was slightly better than analysts were expecting. Americans bought fewer cars during the month, but the decline reflected temporary supply chain disruptions caused by the earthquake and tsunami disaster in Japan. Excluding weak car sales, retail sales rose 0.3 percent.

Automaker's profit surges on rising sales, could be world's biggest carmaker again before the year is out.

General Motors' U.S. sales of cars and truck jumped 27 percent in April as the economy continued to improve and $4 a gallon gasoline pushed buyers into more efficient vehicles.

General Motors Co posted a 22 percent rise in sales for January, outperforming expectations for the market as a whole on gains in demand for its pickup trucks.

The month of October is just about a wrap, and it’s shaping up to be a good one for the auto industry.

General Motors said its U.S. sales in May jumped 32% for the four brands the company kept after its restructuring thanks to continued strong demand for crossover vehicles and cars.

General Motors said its domestic sales in April rose 20% for the four brands the company is keeping thanks to continued strength in crossover vehicles and cars.

Ford said European sales rose sharply in March, lifting its market share to a 12-year high, and the company said it is pressing for continued government incentives for car buying.