Gen Y now is generating a larger share of U.S. new vehicle sales than older Gen Xers, according to a survey by J.D. Power and Associates.» Read More
The Street is excited over Tesla's strong outlook. CNBC's Phil LeBeau, and Adam Jonas, Morgan Stanley, discuss higher expenses at the company.
CNBC's Phil LeBeau reports Tesla shares are trading higher today after yesterday's earnings report and production forecast.
CNBC's Phil LeBeau reports Toyota's U.S. July auto sales.
Tesla's Q2 earnings beat expectations on the top and bottom line. Colin Rusch, Northern Capital Markets, discusses the automakers growth picture and future earnings expectations.
Toyota, Ford, Nissan and Chrysler all saw double-digit sales gains. Of major automakers, only Honda and Volkswagen saw declines. Toprak said Ford, Toyota, Volkswagen and Hyundai were the most generous; GM and Honda spent less.
DETROIT, Aug 1- U.S. auto sales growth slowed a bit in July, with healthy gains from some manufacturers falling short of expectations, according to early returns from the major carmakers on Friday. Ford Motor Co reported a gain of 10 percent to 212,236 vehicles, slightly beating the analysts' average estimate of 9 percent.
CNBC's Phil LeBeau reports the July sales data for Ford Motor Company.
DETROIT, Aug 1- Chrysler Group LLC on Friday said its U.S. On Friday in Turin, Italy, where Chrysler parent Fiat is headquartered for now, shareholders are expected to approve a merger that will create Fiat Chrysler Automobiles, to be registered in the Netherlands.
DETROIT, Aug 1- Chrysler Group LLC, part of Fiat, said its U.S. July auto sales rose 20 percent, and that it expects the industry to show an 8 percent increase for the month. Chrysler's sales were 167,667 vehicles, which it said was its best July since 2005..
DETROIT, Aug 1- The U.S. auto industry hasn't appeared so healthy for years. And yet, a minority on Wall Street and in the autos business are seeing reasons to be wary. Among those seeing a glass half empty is Morgan Stanley auto analyst Adam Jonas who says we may be heading towards what he terms "peak auto."
After months of consideration, Tesla has made it clear one city appears to be out in front of others for landing the new $5 billion battery plant.
Crash tests involving two popular electric cars show the batteries in those vehicles hold up with no major issues after violent collisions.
CNBC's Phil LeBeau provides insight to news Consumer Reports believes Toyota should recall the Camry Hybrid.
The majority of Americans are ready to hand over control to self-driving vehicles—so long as they're able to maintain a bit of control.
At Fox Ford and Lincoln not far from Chicago's Loop, Mike Fullmer says sales are so brisk his biggest concern is keeping up with demand.
If you get a recall notice in the mail, it will tell you just about everything you need to know, including these six things.
DETROIT, July 24- U.S. auto sales in July will be the strongest for the month since 2006, and rise 9 percent from last year, automotive industry consultants J.D. Power and LMC Automotive predicted on Thursday. Consumers were expected to spend about $36 billion on new vehicles in July, said John Humphrey, senior vice president at J.D. Power.
CNBC's Andrea Day has the story on car theft rings targeting high-end brands, which send vehicles to countries in West Africa where demand is high and supply is low.
CNBC's Phil LeBeau reports the earnings from General Motors, Ford, American Airlines and Southwest.
CNBC's Phil LeBeau speaks to Bob Shanks, Ford Motor Company CFO, about the automaker's better-than-expected profits and performance in Europe.