Latest in Car Retailer Calls
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European Union’s car market slumps further in September
New car registrations dropped by 6.1% in September driven by lower sales in Europe’s top three markets, France, Italy and GermanyBusiness - MarketWatch - October 22 -
Volvo Car Cuts Guidance on Worsening Auto Market
The Swedish car maker cut its full-year guidance and said it now anticipates negative cash flow due to lower sales expectations and a weak market.Business - The Wall Street Journal - October 23 -
Grizzly Bear 399 fatally struck by car in Wyoming
The bear had a yearling cub with her when she was hit on a highway in Snake River Canyon south of Jackson.Top stories - CBS News - October 23 -
Tesla is not a car company but it does a good impersonation
Although its vehicles are yielding more profit, most of the $750bn carmaker’s value hangs on things that are yet to existBusiness - Financial Times - 6 days ago -
Teen death crash driver was drink-driving - inquest
Jesse Owen, Callum Griffiths and Morgan Smith died at the scene of the collision.Top stories - BBC News - 5 days ago -
Drivers face severe delays after lorry fire
The M5 in Somerset has reopened after an earlier lorry fire closed all lanes.Top stories - BBC News - 5 days ago -
'It's my car - why should an under-21 not be allowed in it?'
Planned limits on newly qualified drivers has sparked a debate - the BBC hears from both sides.Top stories - BBC News - 5 days ago -
Driver seriously hurt in fake police car robbery
The victim, in his 30s, suffered a broken jaw and eye socket in the attack, police say.Top stories - BBC News - 4 days ago -
This Halloween, be safe when trick-or-treating by watching for cars
Experts say the scariest things on Halloween aren’t monsters or ghosts — it's trafficHealth - ABC News - 4 days ago -
Why Europe’s car crisis is mostly made in China
The once-lucrative market is now highly competitive and more Chinese EVs are being exported, compounding slower sales at homeWorld - Financial Times - 2 days ago -
Renting a car abroad? These are the countries that intimidate drivers the most
A survey of 2,000 drivers from 10 countries shows that motorists are the most nervous to drive in India, Venezuela and Zimbabwe.Business - CNBC - Yesterday -
EU imposes new tariffs on Chinese cars
The European Union on Wednesday imposed tariffs on Chinese-produced electric vehicles (EVs), adding another pressure point to Chinese EVs on top of existing American duties imposed by President ...Politics - The Hill - 13 hours ago -
Holiday sales growth could slow to pre-pandemic levels, retail group says
U.S. holiday-season spending is likely to hit another record, a major retail-industry group said Tuesday, but it added that sales growth is likely to slow as consumers continue to grapple with ...Business - MarketWatch - October 16 -
Holiday shopping season: An early look at how retail stores and e-commerce are getting ready for the rush
The supply chain looks stable into holiday shopping season, according to a top DHL executive, but a few big changes are coming to e-commerce delivery schedules.Business - CNBC - October 16 -
Retail investors are trading stocks like the pros — so brokers are giving them the tools they want
As retail investors get more sophisticated, Robinhood has tried to, as well.Business - MarketWatch - October 18 -
Retail sales rose 0.4% in September, better than expected; jobless claims dip
Consumer spending held up in September, underscoring a resilient economy.Business - CNBC - October 17 -
Treasury yields jump after better-than-expected retail sales, drop in jobless claims
U.S. Treasury yields were higher on Thursday as investors parsed the latest economic data.Business - CNBC - October 17 -
Tokyo Metro rises 45% on debut in Japan’s biggest IPO since 2018
Underground railway network has raised $2.3bn in heavily oversubscribed listingWorld - Financial Times - October 23 -
3M’s stock turns red as profit beat, but retail customers are still holding back
The maker of Post-it Notes saw it’s stock surge to a multi-year high, then pull a sharp U-turn into the red, even as earnings beat expectations.Business - MarketWatch - October 22 -
Walmart and Aldi are trying to one-up each other with supercheap Thanksgiving meals — and other retailers are waiting in the wings
Good news for Thanksgiving shoppers: Your holiday meal could be cheaper than it was last year.Business - MarketWatch - 6 days ago -
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These 5 Data Points Can Help Retailers Keep Pace With Shifting Consumer Demands
A consulting firm’s survey finds shoppers expect online and in-store price consistency, increased product availability in shops, and fast and free delivery.Business - Inc. - 5 days ago -
Boot Barn stock slides after CEO departure announcement, but Western-wear retailer’s forecast is more upbeat
Western-themed retail chain Boot Barn Holdings Inc. on Monday said its chief executive would be leaving next month, while forecasting better sales and profits for the full year.Business - MarketWatch - 2 days ago -
How Walmart’s Early Launch Date Resets Retail’s Black Friday Sales Pace
The retail giant is getting a head start on holiday sales, with year-end promotions starting November 11.Business - Inc. - Yesterday -
Elon Musk Plays a Familiar Song: Robot Cars Are Coming
Tesla’s Robotaxi event excites the faithful betting on the company’s future in robotics, while underwhelming those watching from afar.Business - The Wall Street Journal - October 12 -
Inside the Kafkaesque experience of getting your car towed in L.A.
Sure, there should be a price for violating parking rules. But recovering a towed car in Los Angeles is a financial and logistical nightmare.Entertainment - Los Angeles Times - October 14 -
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A Tesla car crashes and catches fire in France, killing 4
Police in France say four people have died in a car crash after their Tesla vehicle reportedly hit a road sign and caught fireWorld - ABC News - October 14 -
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BMW chief says EU combustion engine ban will shrink car industry
Oliver Zipse tells Paris motor show 2035 cutoff point for CO2-emitting cars is ‘no longer realistic’. Business live – latest updates The EU’s plans to ban the manufacture of traditional ...World - The Guardian - October 15 -
UK ministers pledge crackdown on rising car insurance costs
Watchdogs, industry and consumer groups instructed to join taskforce as part of push to tackle ‘spiralling’ pricesBusiness - Financial Times - October 15 -
EU sticks to 2035 deadline for ban on sale of new petrol-driven cars
Remarks prepared for incoming climate commissioner defend controversial measureWorld - Financial Times - October 16