S&P forecasts U.S. auto sales will fall in 2026 amid affordability issues and the EV slowdown

S&P Global Mobility forecasts U.S. auto sales will fall 2.5% year-over-year in 2026 to 15.89 million units. "An already ...
Detroit Free Press

S&P Global says auto industry has 1 week before massive production halt due to tariffs

S&P Global Mobility said the ongoing global tariff war now puts the possibility of the auto industry experiencing an extended disruption period at a startling 50% probability. S&P Global Mobility sees ...
Tire Business

Icahn auto reports Q1, 1st half losses on lower sales

SUNNY ISLES BEACH, Fla. — Icahn Enterprises L.P.'s automotive sector, which includes tire and automotive services retailer Pep Boys, suffered pre-tax operating losses of $20 million and $107 million, ...
Tire Business

Icahn Automotive suffers fiscal ’21 losses

SUNNY ISLES BEACH, Fla. — Icahn Enterprises L.P.'s automotive sector, which includes tire and automotive services retailer Pep Boys, suffered a $67 million pre-tax operating loss in fiscal 2021 on 3.8 ...