'On the surface, with a projected SAAR (seasonally adjusted annual rate) result of 15.7 million units, October auto sales will be stronger than they appear,'...
- U.S. auto sales are expected to rise in October but the outlook for the rest of the year remains uncertain owing to the auto workers strike at Detroit Three, a report from S&P Global Mobility showed on Wednesday.
"Underlying pressure by way of still-notable vehicle affordability concerns, potential economic slowdown and specific instances of severely limited inventory levels are likely to be a drag on auto sales for the remainder of the year," Hopson added. While the impact on sales has been limited in the month of September, production disruptions caused by the strike are expected to affect October sales for the Detroit Three and will likely be sustained in November, the report added.With today's inflated car prices and limited inventory, Americans are more apt to hold on to their cars longer and even drive them into the ground if necessary. Be Aware: 6 Used Cars To Stay Away...
An Alaska Airlines flight and a SkyWest Airlines plane were involved in a near-miss near Oregon's Portland International Airport.Toyota is close to producing a solid-state battery that could provide a 745-mile range and 10-minute charging time for electric vehicles, potentially accelerating EV adoption.Always Keep A Bread Clip With You When Traveling
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