General Motors is investing $5 billion in a new family of vehicles targeting many of the world's fastest-growing emerging auto markets.» Read More
News that Pep Boys has caught the eye of private equity is the latest evidence of this investing trend, says investment banker Vincent Carey.
A confluence of economic factors are setting the scene for a strong Memorial Day Weekend in the auto industry.
May 21- Industry consultancies JD Power& Associates and LMC Automotive said they expect U.S. new vehicle retail sales for May to rise 2 percent to their highest level since August 2014. New car retail sales are forecast to touch 1.3 million in May on a selling-day adjusted basis, JD Power and LMC Automotive said on Thursday. "May's selling rate is making up for a...
A new product hopes to give parents a tool to stop distracted teens from texting or calling while driving.
GM President Dan Ammann took a spin in the new Camaro and called the halo car "hugely important" to Chevy.
*Nissan sees operating profit up 15 pct to 675 bln yen. *Ghosn silent on move by France to increase Renault influence. Nissan, 43.4 percent owned by France's Renault SA, forecast operating profit of 675 billion yen- 2 percent less than a market consensus estimate, due in part to the automaker's conservative exchange rate assumptions.
YOKOHAMA, Japan, May 13- Nissan Motor Co said it expects operating profit to climb a solid 15 percent this financial year, forecasting growth in vehicle sales for every region except Japan. Nissan, 43.4 percent owned by France's Renault SA is, however, grappling with a French government move, against both automakers' wishes, to raise its holding in Renault to gain a...
New crash tests show bigger is not always better when it comes to the safety of midsize SUVs.
After a year when the overwhelming majority of travel-related stocks flew higher, one set of travel stocks is lagging.
Porsche's new $100 million North America headquarters, which opened just outside of Atlanta, includes a test track.
What dominated the Tesla earnings call were questions about the company's plan to build and sell battery powered stationary storage units.
If you've been waiting for the right price on an electric vehicle, Tesla is tempting you to click "buy."
Electric vehicle buyers are younger and more affluent than drivers who purchase comparable gas-powered models.
The world's first autonomous 18-wheeler was given an official Nevada license plate on Tuesday.
Small SUVs and compact crossover utility vehicles are now the most popular new vehicles in the U.S. according to analysis by TrueCar.
TORONTO, May 1- General Motors Co jumped to the top of the Canadian sales rankings for April as it sold 15 percent more cars and trucks than a year earlier, the company said on Friday, winning a crown usually held by its rivals. "Despite the troubling oil industry in Canada, vehicle companies reported an all-time best April in sales in the Canadian automotive history,"...
DETROIT, May 1- U.S. auto industry sales in April came in below expectations as Asia's major carmakers' results disappointed, offsetting strong gains for trucks and SUVs made by General Motors and Ford. Sales reported on Friday by Japan's Nissan, Toyota and Honda, as well as the combined results for South Korea's Hyundai and its Kia affiliate, all missed...
Tesla shares are having their best month in more than a year leading up to the company's battery announcement.
At least $750 million worth of vehicles were stolen between 2012 and 2014 because motorists left the keys inside, according to the NICB.
April 28- Sirius XM Holdings Inc reported an 8.3 percent rise in quarterly revenue as strong U.S. auto sales drove an increase in paying subscribers for the satellite radio service. The company's net income rose to $105.7 million, or 2 cents per share, in the first quarter ended March 31, from $94.0 million, or 2 cents per share, a year earlier. Revenue rose to $1.08...