Latest Vehicle sales News

People wearing face masks to help curb the spread of the coronavirus look at a new Chinese-made  electric Li One SUV at a dealership in Beijing on Aug. 2, 2020. China's sales of SUVs, minivans and sedans fell 6% last year compared with 2019 after demand plunged due to the coronavirus and rebounded in the second half. (AP Photo/Andy Wong)

China's 2020 auto sales fall for third year amid coronavirus

Jan. 13, 2021 8:20 AM EST

BEIJING (AP) — China’s sales of SUVs, minivans and sedans fell for a third year in 2020 as the coronavirus hurt already weak demand in the industry’s top global market, an industry group reported Wednesday. Sales declined 6% compared with 2019 to 20.2 million, according to the China...

A long row of unsold 2021 QX50 sports-utility vehicles sits at an Infiniti dealership Sunday, Dec. 27, 2020, in Highlands Ranch, Colo.  U.S. auto sales are expected to be down only about 15% for the year, with the average price hitting a record high as sales bounced back during the second half of the year.  AP Photo/David Zalubowski)

Late sales rebound helps US automakers avoid 2020 disaster

Jan. 5, 2021 6:19 PM EST

DETROIT (AP) — Sales of new vehicles in the U.S. fell 14.6% last year, but a second-half rebound from a coronavirus-related plunge in the spring kindled optimism for a recovery later this year. Automakers on Tuesday reported selling 14.57 million new vehicles for the year, a far cry from the five previous...