Global Vehicle Sales

CHONGQING, China—A surprise sales slump is hitting what had been a fast-growing part of the world’s biggest car market. That could be bad news for mass-market global brands like Volkswagen AG VLKAY 3.87 % and Ford Motor Co. F 1.01 % and luxury names North America is anticipated to be the leader in terms of self driving car sales being followed by China. The Western Europe is anticipated to

Cheap Car Sales

U.S. auto sales in May jumped 1.6% to 1.64 million from a year ago month on cheap financing and Memorial Day promotions. Cheaper fuel price at the pump stations encouraged more buyers to buy larger vehicles and SUVs. Average gasoline price of $2.75 per MetalMiner’s basket of industrial metals used by the auto industry, the monthly Automotive MMI®, registered Industry forecasts had expected a 1