59 Articles
ETC
Slumping fleet sales weigh on U.S. auto market

All eyes are on overall industry sales in June, when coronavirus shutdowns eased

Weak fleet orders are expected to hurt June sales, which automakers will report on Wednesday. Cox Automotive forecasts fleet sales will fall nearly 56% to 1.3 million vehicles after plunging 83% in May and 77% in April. In the short term, fleet sales are not a major concern for automakers focused on ramping up production to beef up anemic dealer inventories for higher-profit sales to consumers.

Recalls
GM recalling 521,817 cars in two campaigns

General Motors is recalling 521,817 vehicles worldwide in two separate campaigns. One covers a problem with the seat belts in the Chevy Malibu, and the other is a possible manufacturing error for the seats on the Chevy Colorado and GMC Canyon.

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