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The U.S. auto industry rebounded in 2023 with many car companies reporting double-digit sales gains, marking a return to normalcy for a sector that has been on a roller coaster since the start of.
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The Auto Club's Finnegan is vice chair of a state committee studying the road fee idea. Gasoline taxes are well understood by the public and collection is easy, he said.
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Qualcomm Inc.'s push into automotive chips is on course to beat sales projections, Chief Executive Officer Cristiano Amon said, helping the company decrease its reliance on mobile-phone electronics.
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BEIJING (AP) — China's auto exports surged 63.7% in 2023 while domestic sales, boosted by year-end incentives, rose 4.2%, an industry association said Thursday. The surge in exports, to 4.1 million according to the China Association of Automobile Manufacturers, may propel China past Japan as the world's number one exporter of cars.
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The sports media unit remains profitable and part of Disney. But expect the company to keep a close eye on its financial performance. Feb. 9, 2023
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The company has seen steady growth of its EV sales, and that should continue. Last year, sales of BMW full-electric models topped 45,000 in the U.S., more than 12% of their total vehicle sales.
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Honda, Hyundai and Kia also on Wednesday reported strong U.S. sales for 2023 And on Tuesday, Tesla, which dominates the electric car business in the United States, said it sold 1.8 million cars.
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