by Bianca Flowers | May 23, 2014 | Economy
In a sign of just how hot the luxury auto market has become, car rental companies are cashing in on the thriving segment by adding more exotic vehicles to their fleets. Rental companies began offering more luxury vehicles and car clubs featuring exotic autos, on the...
by Bianca Flowers | May 5, 2014 | Economy
The labor market appears to be rebounding from sluggish economic activity in the first quarter. U.S job growth increased at its fastest pace in two years in April, but the surge hasn’t helped the long-term unemployed. In April, the economy added 288,000 jobs—...
by Bianca Flowers | Apr 30, 2014 | Economy
U.S. auto sales are on track to rise in April. And not just because of warmer weather. Consumer confidence is up and so are employment numbers. Sales are expected to rise 8 percent compared to a year ago. Economists polled recently by Bloomberg forecast the annualized...
by Bianca Flowers | Apr 12, 2014 | Economy
Auto sales picked up speed in March after winter’s deep freeze. Industry sales far outpaced analysts’ expectations. The 16.3 million units easily topped the 15.8 million annualized sales rate that was forecasted. Total vehicle sales rose 6 percent, leaving automakers...
by Bianca Flowers | Apr 8, 2014 | Economy
Automakers are reacting to dismal winter sales by extending discounts through April, leaving dealers with clogged inventories worried that price cuts will be at the expense of their profits. When snow and ice storms ravaged several eastern states, Nissan salesman,...
