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  • DETROIT, Sept 25- Strong demand drove U.S. new car and truck sales 10 percent higher in September, adding momentum to the industry's best August in more than a decade, consultants LMC Automotive and J.D. Power said on Thursday. Sales rose to 1.248 million new vehicles, or a seasonally adjusted annualized rate of 16.5 million vehicles.

  • America is roaring toward record auto sales Thursday, 25 Sep 2014 | 1:48 PM ET
    2015 Ram 1500

    With increases in production at U.S. auto plants, Americans are on track to buy a record number of new vehicles next year or by 2016.

  • Chrysler recalls nearly 350,000 vehicles     Thursday, 25 Sep 2014 | 1:32 PM ET

    CNBC's Phil LeBeau reports on the recall by Chrysler of nearly 350,000 2008 vehicles for a potential ignition switch problem. The list of vehicles includes the Charger, Magnum, 300, Jeep Commander and Jeep Grand Cherokee.

  • Tesla is hyped, 'grossly overvalued': Bob Lutz Wednesday, 24 Sep 2014 | 12:37 PM ET
    Bob Lutz

    The electric car maker is full of hype and grossly overvalued at current levels, says former General Motors Chairman Bob Lutz.

  • You can spend less on auto insurance by doing this Wednesday, 24 Sep 2014 | 12:01 AM ET

    Many fail to take advantage of a simple way to save money: raising the deductible on their car insurance from $500 to $1,000.

  • AP Top Extended Financial Headlines At 11:28 a.m. EDT Tuesday, 23 Sep 2014 | 11:28 AM ET

    Stock markets in Europe, US in retreat after soft economic data, airstrikes in Syria Administration limits on overseas mergers prompt renewed debate on corporate tax avoidance Shares of companies planning overseas inversions slide after Treasury cracks down on practice GM to move Cadillac brand headquarters to New York City, create separate business unit CF Industries, Yara International in talks to create global fertilizer behemoth Procter& Gamble selling Iams, Eukanuba brands in Europe to Spectrum Brands Carnival posts 3 Q profit, results top Wall Street forecasts China factory activity rises again, easing concerns about No. 2 economy's recovery NetJets says its new private aviation firm will begin flying in China soon after getting OK Used car dealership chain CarMax sees 2 Q profit jump 10 pct despite slowing same-store sales

  • AP Top Extended Financial Headlines At 11:24 a.m. EDT Tuesday, 23 Sep 2014 | 11:24 AM ET

    Stock markets in Europe, US in retreat after soft economic data, airstrikes in Syria Administration limits on overseas mergers prompt renewed debate on corporate tax avoidance Shares of companies planning overseas inversions slide after Treasury cracks down on practice GM to move Cadillac brand headquarters to New York City, create separate business unit CF Industries, Yara International in talks to create global fertilizer behemoth Procter& Gamble selling Iams, Eukanuba brands in Europe to Spectrum Brands Carnival posts 3 Q profit, results top Wall Street forecasts China factory activity rises again, easing concerns about No. 2 economy's recovery NetJets says its new private aviation firm will begin flying in China soon after getting OK Used car dealership chain CarMax sees 2 Q profit jump 10 pct despite slowing same-store sales

  • AP Top Extended Financial Headlines At 11:13 a.m. EDT Tuesday, 23 Sep 2014 | 11:13 AM ET

    Stock markets in Europe, US in retreat after soft economic data, airstrikes in Syria Administration limits on overseas mergers prompt renewed debate on corporate tax avoidance Shares of companies planning overseas inversions slide after Treasury cracks down on practice GM to move Cadillac brand headquarters to New York City, create separate business unit CF Industries, Yara International in talks to create global fertilizer behemoth Procter& Gamble selling Iams, Eukanuba brands in Europe to Spectrum Brands Carnival posts 3 Q profit, results top Wall Street forecasts China factory activity rises again, easing concerns about No. 2 economy's recovery NetJets says its new private aviation firm will begin flying in China soon after getting OK Used car dealership chain CarMax sees 2 Q profit jump 10 pct despite slowing same-store sales

  • AP Top Extended Financial Headlines At 11:08 a.m. EDT Tuesday, 23 Sep 2014 | 11:08 AM ET

    Stock markets in Europe, US in retreat after soft economic data, airstrikes in Syria Administration limits on overseas mergers prompt renewed debate on corporate tax avoidance Shares of companies planning overseas inversions slide after Treasury cracks down on practice GM to move Cadillac brand headquarters to New York City, create separate business unit CF Industries, Yara International in talks to create global fertilizer behemoth Procter& Gamble selling Iams, Eukanuba brands in Europe to Spectrum Brands Carnival posts 3 Q profit, results top Wall Street forecasts China factory activity rises again, easing concerns about No. 2 economy's recovery Used car dealership chain CarMax sees 2 Q profit jump 10 pct despite slowing same-store sales Philips continues break-up, now spinning off lighting arm into separate company

  • AP Top Extended Financial Headlines At 11:04 a.m. EDT Tuesday, 23 Sep 2014 | 11:04 AM ET

    Stock markets in Europe, US in retreat after soft economic data, airstrikes in Syria Administration limits on overseas mergers prompt renewed debate on corporate tax avoidance Shares of companies planning overseas inversions slide after Treasury cracks down on practice GM to move Cadillac brand headquarters to New York City, create separate business unit CF Industries, Yara International in talks to create global fertilizer behemoth Procter& Gamble selling Iams, Eukanuba brands in Europe to Spectrum Brands Carnival posts 3 Q profit, results top Wall Street forecasts China factory activity rises again, easing concerns about No. 2 economy's recovery Used car dealership chain CarMax sees 2 Q profit jump 10 pct despite slowing same-store sales Philips continues break-up, now spinning off lighting arm into separate company

  • AP Top Extended Financial Headlines At 11 a.m. EDT Tuesday, 23 Sep 2014 | 10:59 AM ET

    Stock markets in Europe, US in retreat after soft economic data, airstrikes in Syria Administration limits on overseas mergers prompt renewed debate on corporate tax avoidance Shares of companies planning overseas inversions slide after Treasury cracks down on practice GM to move Cadillac brand headquarters to New York City, create separate business unit CF Industries, Yara International in talks to create global fertilizer behemoth Procter& Gamble selling Iams, Eukanuba brands in Europe to Spectrum Brands Carnival posts 3 Q profit, results top Wall Street forecasts China factory activity rises again, easing concerns about No. 2 economy's recovery Used car dealership chain CarMax sees 2 Q profit jump 10 pct despite slowing same-store sales Philips continues break-up, now spinning off lighting arm into separate company

  • AP Top Extended Financial Headlines At 10:53 a.m. EDT Tuesday, 23 Sep 2014 | 10:53 AM ET

    Stock markets in Europe, US in retreat after soft economic data, airstrikes in Syria Administration limits on overseas mergers prompt renewed debate on corporate tax avoidance Shares of companies planning overseas inversions slide after Treasury cracks down on practice GM to move Cadillac brand headquarters to New York City, create separate business unit CF Industries, Yara International in talks to create global fertilizer behemoth Procter& Gamble selling Iams, Eukanuba brands in Europe to Spectrum Brands Carnival posts 3 Q profit, results top Wall Street forecasts China factory activity rises again, easing concerns about No. 2 economy's recovery Used car dealership chain CarMax sees 2 Q profit jump 10 pct despite slowing same-store sales Philips continues break-up, now spinning off lighting arm into separate company

  • AP Top Extended Financial Headlines At 10:45 a.m. EDT Tuesday, 23 Sep 2014 | 10:45 AM ET

    Stock markets in Europe, US in retreat after soft economic data, airstrikes in Syria Administration limits on overseas mergers prompt renewed debate on corporate tax avoidance Shares of companies planning overseas inversions slide after Treasury cracks down on practice GM to move Cadillac brand headquarters to New York City, create separate business unit CF Industries, Yara International in talks to create global fertilizer behemoth Procter& Gamble selling Iams, Eukanuba brands in Europe to Spectrum Brands Carnival posts 3 Q profit, results top Wall Street forecasts China factory activity rises again, easing concerns about No. 2 economy's recovery Used car dealership chain CarMax sees 2 Q profit jump 10 pct despite slowing same-store sales Philips continues break-up, now spinning off lighting arm into separate company

  • AP Top Extended Financial Headlines At 10:43 a.m. EDT Tuesday, 23 Sep 2014 | 10:43 AM ET

    Stock markets in Europe, US in retreat after soft economic data, airstrikes in Syria Administration limits on overseas mergers prompt renewed debate on corporate tax avoidance Shares of companies planning overseas inversions slide after Treasury cracks down on practice GM to move Cadillac brand headquarters to New York City, create separate business unit CF Industries, Yara International in talks to create global fertilizer behemoth Procter& Gamble selling Iams, Eukanuba brands in Europe to Spectrum Brands Carnival posts 3 Q profit, results top Wall Street forecasts China factory activity rises again, easing concerns about No. 2 economy's recovery Used car dealership chain CarMax sees 2 Q profit jump 10 pct despite slowing same-store sales Philips continues break-up, now spinning off lighting arm into separate company

  • Used car chain CarMax's 2Q profit up 10 percent Tuesday, 23 Sep 2014 | 8:02 AM ET

    RICHMOND, Va.— Used car dealership chain CarMax Inc.' s profit jumped 10 percent in its fiscal second-quarter despite slowing sales at stores open at least one year. Excluding proceeds from a legal settlement related to certain Toyota vehicles, CarMax earned 64 cents per share.

  • CarMax revenue rises 11 pct as used car sales increase Tuesday, 23 Sep 2014 | 7:49 AM ET

    Sept 23- CarMax Inc, the largest U.S. used car retailer, reported a 11 percent rise in quarterly revenue as easier availability of credit boosted car sales. Net income rose to $154.5 million, or 70 cents per share, from $140.3 million, or 62 cents per share, a year earlier.

  • 15 vehicles destroyed at Sudbury auto dealership Monday, 22 Sep 2014 | 7:32 AM ET

    SUDBURY, Mass.— Fifteen luxury vehicles were destroyed and five others were damaged in a massive fire Monday at a Sudbury auto dealership. There were no reports of injuries. The fire at a lot at Herb Chambers Land Rover and Jaguar on Route 20 was reported by a passer-by just after 1 a.m., Fire Chief William Miles said.

  • Is bigger better? Demand soars for trucks, SUVs Thursday, 18 Sep 2014 | 3:05 PM ET
    2015 Chevrolet Tahoe LT

    The big vehicles that were blasted during the recession as gas-guzzling behemoths are now the hottest in showrooms.

  • GM's Opel to cut Russia operations as market falls Tuesday, 16 Sep 2014 | 5:10 AM ET

    General Motors' Opel said on Tuesday it would reorganize its Russian operations, responding to "difficult" conditions amid Ukraine woes.

  • Sept 15- Massachusetts' highest court on Monday threw out a lawsuit seeking to block Tesla Motors Inc from selling its luxury electric cars directly to consumers in the state, enabling it to bypass traditional dealerships.