Smart car's new vehicle comes at a time when cheap gas has American motorists buying pickups and SUVs in record numbers.» Read More
DETROIT, June 2- The U.S. auto industry remained on track for the best sales year in a decade as consumers bought cars and trucks in May at the fastest pace in almost a decade. General Motors Co forecast industry U.S. sales to finish May at a seasonally adjusted annualized rate of 17.6 million vehicles, the strongest pace since January 2006. GM sales rose 3 percent in...
With new vehicle prices climbing to all-time highs, a record number of Americans are turning to leases to keep monthly payments low.
Beepi is raising another $300 million in venture capital to fund its expansion nationwide.
There's no shortage of luxury vehicle choices, but increasingly the wealthy are opting for high-end SUVs instead of traditional models.
Car buyers hit showrooms en masse on Memorial Day, helped by low-financing offers and other incentives.
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.