SUBSCRIBERS
US car sales slow as buyers hit brake
Published Thu, Feb 2, 2017 · 09:50 PM
Chicago
UNITED States car buyers hit the brake pedal in the new year, with the industry on Wednesday reporting a significant slowdown from December, but sales could be on track for another big year.
GM, Ford, Toyota and the North American arm of Fiat Chrysler, FCA US, all saw sales dwindle, though it is a traditionally slow month for carmakers as winter sets in and consumers recover from holiday spending.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
EV automakers get reprieve in US tax credit rules
Abu Dhabi hub carrier Etihad adds banks to US$1 billion IPO
Luminar to cut nearly 20% jobs as part of restructuring
Chinese share of French EV market slumps after incentives curbed
Ferrari unveils US$423,000 sports car with 1960s bloodline
Airbus called for compensation to take on money-losing Spirit operations: sources