The esults dismissed warnings from skeptics, who have suggested the aluminum panels are not strong enough to protect passengers.» Read More
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...
*Longer-term outlook for Spain's economy unclear. MADRID, April 28- At Diego Manrique's second-hand car dealership on the outskirts of Madrid, business is picking up. This recovery in consumer confidence is underpinning official forecasts for a rise in Spain's growth to 2.9 percent this year from last September's 2 percent.
April 24- Industry consultants LMC Automotive and J.D. Power on Friday forecast that April U.S. auto sales will rise 5.4 percent from a year ago. On an annualized basis, April U.S. sales will be 16.6 million vehicles, the consultancies said. LMC also held its forecast for this year's auto sales at 17 million vehicles, up 3 percent from last year.
Vehicle owners are most interested in technology that will keep them safe, according to a new study by J.D. Power.
DETROIT, April 22- AutoNation Inc, the largest U.S. auto dealer group, on Wednesday posted stronger-than-expected quarterly profit as sales for both new and used vehicles rose. "While expectations were high coming into the quarter, we believe AutoNation did well enough to keep the bulls interested," Shanker said in a research note. Net income in the first quarter...
DETROIT, April 22- AutoNation Inc, the largest U.S. auto dealer group, on Wednesday posted stronger-than-expected quarterly profit as sales for both new and used vehicles rose, sending shares up 2.5 percent in premarket trading. Net income in the first quarter rose to $111.5 million, or 97 cents a share, from $95.1 million, or 78 cents a share, a year earlier.
SUVs are becoming more popular in inner China, causing automakers to boost production on the vehicles.
LONDON, April 17- With many of Britain's classic car brands now foreign-owned, fund managers and brokers are turning to domestic-listed dealerships to cash in on resurgent car sales and wage growth in the UK without investing abroad. Data this month showed that UK new car registrations rose 6 percent in March, setting a record for the month this century, while...
Bentley Motors Limited has been named as the least reliable used car manufacturer of 2015 in the UK, followed by Porsche, according to a new survey.
Your premium doesn't go up as often after a ticket as you might think, a study finds.
It may be lighter and feature an aluminum body, but Ford's new pickup passed a major test of its ability to protect passengers.
The combination of surging new and used vehicle sales, demand for financing and busy service departments helped auto dealers post their record year.
Surging vehicle sales, strong demand for financing and busy service departments helped auto dealers post their best year ever.
Warren Buffett said the car-dealership model isn't going to change anytime soon. Here's why he's wrong, says auto-industry consultant Daron Gifford.
Automakers say autonomous cars will keep drivers safer than ever. But it could also make them sicker. Carsick, that is.
*M&A speculation boosts Burberry, Mediaset. Burberry was flagged by Goldman Sachs among shares on its "conviction buy" lists for which its sees a bid probability of 30 percent or more. Italian media group Mediaset rose 2.2 percent after Mediobanca tipped it as a bid target for France's Vivendi.
*M&A speculation boosts Burberry, Mediaset. Burberry was flagged by Goldman Sachs among shares on its "conviction buy" lists for which its sees a bid probability of 30 percent or more. Italian media group Mediaset rose 2.8 percent after Mediobanca flagged it as a bid target for France's Vivendi.
Tesla is upgrading its Model S in the latest move to make the high-end sedan stand out in an increasingly competitive luxury car market.