World News
As Gas Prices Rose, Sales of Larger Vehicles Slid
Source: NYT > World News · Published
Sales of big pickup trucks and sport utility vehicles have dipped as more Americans buy hybrids and smaller cars.
Sales of big pickup trucks and sport utility vehicles have dipped as more Americans buy hybrids and smaller cars.
Related stories
Ford fends off Hyundai to retain No. 3 U.S. sales position in third quarter
Ford on Friday reported a year-over-year sales decline of 6.6% during the third quarter to 507,395 light-duty vehicles.
Business News ·
General Motors Q3 sales drop 5.5%, while Toyota buoyed by EVs, hybrids
GM's sales of all-electric vehicles are down across the board, as enthusiasm for electric vehicles wanes.
Business News ·
Tesla sustains its EV sales momentum despite US troubles
The company delivered more than 486,000 EVs in the third quarter, down from last year's record but moving in a positive direction.
TechCrunch ·
The economy is resilient: Why do many Americans feel differently? An expert explains
Even as the Federal Reserve moves to raise interest rates for the first time in three years, many of the metrics that economists rely on to gauge the overall health of the economy—like jobs reports, the unemployment rate and the stock market—have looked relatively strong in recen
Phys.org - latest science and technology news stories ·
Nike shares drop as retailer posts disappointing sales, announces layoffs as part of restructuring
Nike is expected to post another quarter of declining sales as the company tries to turn around its business and regain growth in China.
Business News ·