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Automotive News
U.S. auto industry sales are running at about the same level as they have the last two months, and Ford Motor Co. remains committed to matching capacity with demand, a senior executive said today.
SEOUL -- Hyundai is pitching the Genesis coupe as the most affordable 300-hp, rwd sporty car on the market. North American prices likely will be below $30,000, said Hyundai Motor America spokesman Miles Johnson at a press event here.
The average price of a gallon of gasoline in the United States recorded its largest drop ever as consumer demand continued to wane and oil prices slid, a prominent industry analyst said on Sunday.
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