Sales for major U.S. auto makers sharply declined in July amid a modest slump in lease deals that have kept payments low, continuing an industry slowdown that has led to a glut of inventory on dealer lots and a spate of discounts.
NYS Entity Status
NYS Filing Date
MAY 09, 2014
NYS DOS ID#
NYS Entity Type
DOMESTIC BUSINESS CORPORATION
2014 - EZ DEAL AUTO SALES INC
AROUND THE WEB
- U.S. Auto Makers Report Steep Sales Declines in July
Tuesday Aug 1, 2017
- Auto sales down in July, the worst month of the year
By Dee-Ann Durbin - Tuesday Aug 1, 2017
July saw the biggest decline in U.S. vehicle sales this year, leaving automakers to hope that people are just waiting to pounce on Labor Day deals.Ford’s sales were down 7.5 percent, Fiat Chrysler’s declined 10 percent, Volkswagen’s fell 5.8 percent, Nissan’s fell 3 percent and Honda’s were down 1.2 percent.Automakers continue to see healthy profits, thanks to consumers’ preference for SUVs.GM said sales of its recently updated GMC Acadia SUV jumped 30 percent, while sales of Toyota’s RAV4 SUV rose 36 percent to 41,804, a monthly record.[...] car sales are plummeting, hurt by low gas prices and changing tastes.Sales of the Ford Fusion midsize sedan dropped 42 percent, while sales of the Chevrolet Spark subcompact fell a whopping 82 percent.Average interest rates on new-vehicle loans fell to a six-month low of 4.77 percent in July as more brands offered no-interest financing, Edmunds said.
- Staples In $6.9 Billion Deal With Sycamore
Wednesday Jun 28, 2017
Private-equity firm Sycamore Partners agreed to buy Staples Inc. for about $6.9 billion, a bold bet on a company whose sales have been shrinking in recent years.
- Nvidia Earnings: What to Watch
Thursday Aug 10, 2017
Growth in the company's chip sales to data centers and gaming systems, as well as potential deals with auto makers, will be in focus when Nvidia reports earnings after the market closes.
- U.S. Auto Sales Fall as Fewer Vehicles Go to Rental Chains
Monday Jul 3, 2017
Auto sales continued to slide in June, as car buyers react to higher vehicle prices and Detroit backs away from dumping unwanted inventory into rental-car lots.
- Fiat Chrysler's Green Autos Have a Problem: They're Not for Sale
Saturday Jun 24, 2017
The auto maker suspended production of its well-regarded Pacifica hybrid minivan in recent weeks and has recalled it, leaving customers and dealers disappointed.