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GM will stop reporting monthly U.S. vehicle sales

DETROIT — General Motors said on Tuesday it will stop reporting monthly U.S. vehicle sales, saying the 30-day snapshot does not accurately reflect the market, and will instead issue quarterly sales. GM will also no longer report monthly sales in China, its largest market, and Brazil. GM will provide monthly data to the U.S. Federal Reserve, industry associations and government agencies across the globe, but that data is not made public. Analysts and investors rely on monthly U.S. vehicle sales not just to track the performance of individual automakers, but as a barometer of the health of the world's second-largest auto market and as an indicator of consumer confidence in the U.S. economy overall. GM and its Detroit rivals Ford and Fiat Chrysler have relied heavily on sales of high-margin pickup truck and SUV sales to boost profits. GM's total U.S. sales, its second-largest market, are down 3.2 percent for the first two months of 2018, reflecting a 6.8 percent drop in retail sales to individual customers, the company reported last month. GM executives have expressed frustration that comparisons of monthly U.S. sales results among rival automakers are distorted by short-term discount programs, and by differences in strategy for selling vehicles in bulk to rental car fleets. "Thirty days is not enough time to separate real sales trends from short-term fluctuations in a very dynamic, highly competitive market," Kurt McNeil, U.S. vice president for sales operations said in a statement. GM's actions could prompt other automakers to also switch to quarterly U.S. sales reports. Major automakers will report March U.S. new vehicle sales on Tuesday. Until the early 1990s, most U.S. automakers released sales results every 10 days. The former Chrysler Corp. stopped reporting sales on a 10-day basis in 1990, and rivals followed suit over the next three years. GM executives are betting that investors will quickly adapt to receiving U.S. sales data every three months, as investors in other retail sectors already have. Retailers such as Walmart report sales on a quarterly basis. Reporting by Joe WhiteRelated Video: Image Credit: Reuters Earnings/Financials Green Buick Cadillac Chevrolet GM GMC US

Five awesome Lego car creations

Lego cars are among our favorite toys. They're fun for play, and if built properly, great to display. With that in mind, we've crafted a list of some of the best creations we've seen. Some are on sale now, while others are merely the work of fanciful enthusiasts. There are even a couple that you definitely cannot buy (we'll explain).
Our choices are diverse, including everything from a diminutive 1969 Chevy Corvette to a fullsize Ferrari Formula One racecar. These are just five projects that caught our eye - there are many more out there - so if you don't see your favorite Lego car on the list (or if you have your own creation), please tell us about it, in Comments.

2022 Toyota Tundra, Rivian R1T, Blackwing, and Hyundai Kona N Line | Autoblog Podcast #701

In this episode of the Autoblog Podcast, Editor-in-Chief Greg Migliore is joined by Consumer Editor Jeremy Korzeniewski for a robust week of reviews and news discussion. They start with what they've been driving, and it's a pretty impressive list. The Toyota Tundra and Rivian R1T hold down the truck end of things, with Hyundai Kona N Line and Cadillac CT5-V Blackwing making an appearance on the enthusiast side. The updated Polaris Slingshot rounds things out. Next, they pivot to news, where Maverick guarantees a little more truck talk. That's followed by GM's new 1,000-horsepower monument to crate motor displacement, Stellantis searching for battery partners, details of the new Honda Civic Si and Tesla's massive third-quarter performance. Then, they spend a listener's money. Send us your questions for the Mailbag and Spend My Money at: Podcast@Autoblog.com. Autoblog Podcast #701 Get The Podcast Apple Podcasts – Subscribe to the Autoblog Podcast in iTunes Spotify – Subscribe to the Autoblog Podcast on Spotify RSS – Add the Autoblog Podcast feed to your RSS aggregator MP3 – Download the MP3 directly Rundown What we're driving:2022 Toyota Tundra 2022 Rivian R1T 2022 Cadillac CT5-V Blackwing 2022 Hyundai Kona N Line 2021 Polaris Slingshot News 2022 Ford Maverick EPA numbers Chevy's ZZ632 crate engine Honda Civic Si teasers Tesla Q3 profit Stellantis battery deal is one of many to come Spend My money Feedback Email – Podcast@Autoblog.com Review the show on Apple Podcasts Autoblog is now live on your smart speakers and voice assistants with the audio Autoblog Daily Digest. Say “Hey Google, play the news from Autoblog” or "Alexa, open Autoblog" to get your favorite car website in audio form every day. A narrator will take you through the biggest stories or break down one of our comprehensive test drives.