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Ford Sales slip

Ford’s November US vehicle sales slip, EV sales rise-Reuters

Dec 4 (Reuters) – Ford Motor (F.N) posted a 0.5% drop in U.S. new vehicle sales for November on Monday, as the automaker worked to restart some of its key plants following a lengthy workers’ strike that impacted vehicle production. However, sales of Ford’s electric vehicles such as its F-150 Lightning pickup truck and Mustang Mach-E, jumped …

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Toyota Posts Record October Sales, Output on US Demand - Bloomberg

The article below is sourced from Bloomberg News. The views and opinions expressed in this story are those of the Bloomberg News. Toyota Motor Corp. posted record October global sales and production on strong demand for its cars in North America and Europe. The world’s largest automaker produced 1,035,569 vehicles last month, including output from …

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Automotive News for automotive Dealership marketing

More people are missing car payments in another ominous sign for the economy

The article below is sourced from Insider News. The views and opinions expressed in this story are those of the Insider News. A record number of subprime borrowers are behind on their auto loan payments by 60 days or more, according to figures from Fitch Ratings reported by Bloomberg. The rate hit 6.11% in September – the …

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Ford Motor Co. displays a 2021 Ford F-150 pickup truck at the Rouge Complex in Dearborn, Michigan, U.S. September 17, 2020. REUTERS/Rebecca Cook

US Expands, Upgrades Probe into 708,000 Ford SUVs, Trucks Over Engine Failures – Reuters

The article below is sourced from Reuters News. The views and opinions expressed in this story are those of the Bloomberg News. The National Highway Traffic Safety Administration (NHTSA) said on Monday it was upgrading and expanding its investigation into 708,000 Ford Motor sport utility vehicles and trucks over catastrophic engine failures tied to a …

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US Car sales rise while replacing used vehicles

Drivers Are Buying New Cars to Replace Older Models, Even With Surging Prices – Bloomberg News

The article below is sourced from Bloomberg News. The views and opinions expressed in this story are those of the Bloomberg News. US car buyers are headed to showrooms out of sheer necessity, defying high interest rates and fat sticker prices to replace cars that on average have been on the road for more than …

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