Financial News

Ford Invests $900 million in Kentucky Plant Ford today announced manufacturing actions centered on improving the company’s operational fitness and building vehicles that excite customers around the world. Ford is investing $900 million in Kentucky […]

Cadillac Global Sales up 33.8% in May Cadillac globally sold 29,738 units in May 2017, an increase of 33.8 percent – driven by strong year-over-year growth in all markets. May marked the 12th consecutive month […]

Supercars and sports cars draw a worldwide interest from investors and buyers, but the USA holds the rank as Lamborghini’s largest market. In Fiscal Year 2016 (31.12.2016), Automobili Lamborghini S.p.A. achieved new historic landmarks. The […]

FCA US Opens $12.2 Million Mopar Distribution Center in Virginia On April 18, 2017 a 400,000 square foot Mopar Parts Distribution Center opened in Winchester, Virginia. FCA US invested $12.2 million in this massive facility. […]

Myclassic NEWS is excited that automotive sales are up. It is definitely a sign that money is flowing, the economy here in the states and other countries are thriving and businesses are beginning to boom […]

Along with other European car makers having increased U.S. sales in March 2017, Porsche also showed sales increases. Porsche Cars North America, Inc. (PCNA), importer and distributor in the United States of Porsche 911, Boxster, […]

Sales of BMW brand vehicles increased 3.3 percent in March for a total of 31,015 compared to 30,033 vehicles sold in March, 2016. Year-to-date, the BMW brand is up 1.5 percent in the U.S. on […]

General Motors announced this week that it will add or retain approximately 900 jobs across three Michigan facilities during the next 12 months. The 900 jobs are in addition to the 7,000 jobs and $1 […]

FCA Chrysler FCA US LLC today reported U.S. sales of 168,326 units, a 10 percent decrease compared with sales in February 2016 (187,318 units). In February, fleet sales of 44,898 units were down 26 percent […]