Car Sales

Amazon Starts Car Research and Review Site

Darryl Hood,
Posted:

by Darryl Hood

Amazon is starting a site offering research, reviews and other information on new and used cars. The latest venture by the e-commerce powerhouse will compete with established players in the field including CarSoup.com, Edmunds.com, truecar.com and cars.com. Amazon Vehicles won’t sell cars. But in addition to car specifications, images, videos and customer reviews, the new site will let customers ask…

GM CEO Sticks to Strategy Despite Falling Sales and Shares

Darryl Hood,
Posted:

by Darryl Hood

Despite tumbling U.S. sales and a falling stock price, General Motors CEO Mary Barra says she’s sticking with a strategy of cutting low-profit sales to rental car companies and keeping prices strong. Barra tells reporters at the company’s annual meeting that GM’s share of profitable retail sales to individual buyers is rising and trade-in values for cars and trucks remain…