Specialty Retail Automotive Retail


  • Ask Jay Leno: What's my Porsche worth? Tuesday, 6 Oct 2015 | 9:35 AM ET
    Jay Leno driving 1957 Porsche 356A Outlaw

    Jay Leno tells one viewer how the modifications he made to his Porsche will affect the car's value.

  • Auto industry's new threat is...Uber?: Survey Saturday, 3 Oct 2015 | 4:06 PM ET
    An Uber vehicle is viewed in Manhattan in New York City.

    A new survey released by Magid Advisors says Uber is undercutting the decision about whether to purchase a new car.

  • Auto sales can climb higher. Here's why Friday, 2 Oct 2015 | 2:13 PM ET
    A salesperson (left) shows vehicles to a shopper at the Toyota of Deerfield dealership in Deerfield Beach, Florida.

    Is as good as it gets for the automakers? Analysts see reasons why strong auto sales can continue.

  • *Gold prices rebound after four-day slide. NEW YORK/ LONDON, Oct 1- Palladium rose to its highest level in nearly three months on Thursday on reports of strong car sales from major automakers, continuing a trend in which the component of gasoline engine autocatalysts gains at the expense of platinum. Gold prices were little changed ahead of the U.S. nonfarm...

  • US auto sales surge to highest since July 2005 Thursday, 1 Oct 2015 | 2:28 PM ET
    A worker installs tires on a Jeep Wrangler at the Chrysler Toledo North Assembly Plant in Toledo, Ohio.

    GM, Ford, and Fiat Chrysler Automobiles reported a jump in September sales as cheap gasoline and low rates drove demand for SUVs and pickup trucks.

  • VW’s diesel debacle may already have hit sales Thursday, 1 Oct 2015 | 11:53 AM ET
    Rain clouds are seen over a Volkswagen symbol at the main entrance gate at Volkswagen production plant in Wolfsburg, Germany.

    If you were wondering how long the Volkswagen scandal would take to make an impact on the firm's top line, sales may already be slipping.

  • Jay Leno on his embarrassing Tesla call Thursday, 1 Oct 2015 | 9:35 AM ET
    A Tesla Motors Model X P90D electric sports-utility vehicle is displayed during a presentation in Fremont, California, September 29, 2015.

    Jay Leno talks whether you should shell out $120,000 for Tesla's P90D.

  • VW recalls hit South Korea Thursday, 1 Oct 2015 | 6:00 AM ET
    VW recalls hit South Korea

    South Korea said on Thursday that Volkswagen informed the government that it could recall around 120,000 vehicles sold in the country.

  • Google, Tesla bring auto spotlight to California Tuesday, 29 Sep 2015 | 11:05 AM ET
    Google's driverless car.

    During the day, Google will take journalists on rides in its autonomous drive prototypes, then Tesla will deliver the first Model X.

  • MOSCOW, Sept 28- Russian car sales could total 1.7 million units this year, higher than previously forecast after a recent spike in demand that should last three months, the Association of European Businesses said on Monday. Sales for 2015 will still be around 34 percent lower than last year, the AEB, which compiles Russia's monthly car sales statistics, said, but...

  • Alcoa to be splitting in two Monday, 28 Sep 2015 | 7:00 AM ET
    Alcoa to be splitting in two

    Alcoa is splitting into two publicly-traded entities, acknowledging that its legacy aluminum operations and higher-value and automotive businesses were diverging and no longer compatible.

  • New VW chief is 'walking into a firestorm' Friday, 25 Sep 2015 | 5:00 PM ET
    Matthias Mueller addresses a news conference at Volkswagen's headquarters in Wolfsburg, Germany, on Sept. 25, 2015.

    VW faces some desperate and immediate challenges.

  • Inside story: How VW tried to evade cheating claims Thursday, 24 Sep 2015 | 9:57 PM ET
    Volkswagen dealership

    For a year, VW officials insisted to U.S. regulators that tests on its diesel cars showing a spike in pollution levels on the road were in error.

  • NEW YORK, Sept 24- Independent car dealerships sued Volkswagen AG in California on Thursday over losses they say they will incur following revelations that the company fitted some diesel models with software to cheat on U.S. vehicle emissions tests. The proposed class action was filed in California federal court on behalf of independent car dealers in the...

  • VW scandal delivers 'black eye' to diesel tech Thursday, 24 Sep 2015 | 3:38 PM ET
    The engine of a 2013 Volkswagen AG Passat TDI

    "You now have a passionate constituency that feels betrayed," said Mike Jackson, CEO of Florida-based AutoNation.

  • Europe's carmakers caught up in VW storm Thursday, 24 Sep 2015 | 3:31 PM ET
    Rain clouds are seen over a Volkswagen symbol at the main entrance gate at Volkswagen production plant in Wolfsburg, Germany.

    Shares of BMW drop sharply on a report that its diesel engines "significantly" exceeded regulatory limits. VW's SEAT also implicated.

  • Volkswagen to tap Porsche boss for CEO: Sources Thursday, 24 Sep 2015 | 2:52 PM ET
    Rain clouds are seen over a Volkswagen symbol at the main entrance gate at Volkswagen production plant in Wolfsburg, Germany.

    Matthias Muller, the current chief of Volkswagen subsidiary Porsche, is expected to be named CEO of Volkswagen, sources told CNBC.

  • By Emma Thomasson and Paul Sandle. BERLIN/ LONDON, Sept 24- Motor dealers and consumer groups alike expressed frustration on Thursday at a lack of information from Volkswagen about the implications for customers of a scandal involving diesel cars rigged to pass U.S. emissions. 'said an insider at a major Volkswagen dealership in Britain, who declined to be named.

  • The rapid fall of VW's Martin Winterkorn Wednesday, 23 Sep 2015 | 2:07 PM ET
    Volkswagen Group CEO Martin Winterkorn arrives for the Volkswagen annual general shareholders' meeting on May 5, 2015 in Hanover, Germany.

    VW's recent accomplishments made Winterkorn's resignation seem all the more sudden.

  • NHTSA to crack down on automakers' claims Wednesday, 23 Sep 2015 | 10:07 AM ET
    Martin Winterkorn, chief executive officer of Volkswagen AG (VW).

    The U.S. government will be less accepting of auto industry claims, warns the top federal vehicle safety regulator.