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Automotive Retail

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  • 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.

  • Growing demand for SUVs lifts production in China Monday, 20 Apr 2015 | 3:21 PM ET
    Visitors walk around a Mercedes Benz concept GLC Coupe car during the 16th Shanghai International Automobile Industry Exhibition in Shanghai, April 20, 2015.

    SUVs are becoming more popular in inner China, causing automakers to boost production on the vehicles.

  • UK car dealerships shine on stock market Friday, 17 Apr 2015 | 10:55 AM ET

    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, Porsche cars least reliable: UK survey Thursday, 16 Apr 2015 | 12:35 PM ET

    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.

  • Three big misperceptions about auto insurance Thursday, 16 Apr 2015 | 12:01 AM ET
    Woman receiving speeding ticket from police officer

    Your premium doesn't go up as often after a ticket as you might think, a study finds.

  • Guess which truck just got the top safety rating Thursday, 16 Apr 2015 | 12:01 AM ET
    Ford's 2015 F-150

    It may be lighter and feature an aluminum body, but Ford's new pickup passed a major test of its ability to protect passengers.

  • Auto dealers rack up record profits Friday, 10 Apr 2015 | 10:00 AM ET
    Shoppers at the Toyota of Deerfield car dealership in Deerfield Beach, Fla.

    Surging vehicle sales, strong demand for financing and busy service departments helped auto dealers post their best year ever.

  • Auto dealers rack up record profits Friday, 10 Apr 2015 | 10:00 AM ET
    A man shops for used vehicles at the Toyota of Deerfield dealership in Deerfield Beach, Florida last October.

    The combination of surging new and used vehicle sales, demand for financing and busy service departments helped auto dealers post their record year.

  • Why Warren Buffett is wrong on car-dealer model Thursday, 9 Apr 2015 | 6:53 PM ET
    Warren Buffett

    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.

  • Prone to motion sickness? Avoid these cars Thursday, 9 Apr 2015 | 2:46 PM ET
    Woman in car with hand over mouth

    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, car sales help European shares to new 8-year high Thursday, 9 Apr 2015 | 10:21 AM ET

    *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 upgrades the Model S Wednesday, 8 Apr 2015 | 8:06 AM ET
    Tesla Model S dashboard

    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.

  • Can VW overtake Toyota? Automakers duke it out Tuesday, 7 Apr 2015 | 1:52 PM ET
    Workers inspect a Passat at the Volkswagen Chattanooga plant in Tennessee.

    As the gap narrows between Toyota and Volkswagen, both automakers are reportedly shoring up production.

  • UPDATE 5-U.S. auto sales edge higher in March Wednesday, 1 Apr 2015 | 5:38 PM ET

    *Ford beats expectations; GM, Honda miss expectations. Among the strong performers were Toyota Motor Corp, Hyundai Motor Co, Kia Motors Corp and Audi. While dealership traffic began to pick up last month, "the second quarter looks to be even more favorable" because of pent-up demand after a harsh winter, according to Eric Lyman, vice president of industry insights for...

  • *Toyota, Hyundai, Kia, Audi among strong performers. Among the strong performers were Toyota Motor Corp, Hyundai Motor Co, Kia Motors Corp and Audi. While dealership traffic began to pick up last month, "the second quarter looks to be even more favorable" because of pent-up demand after a harsh winter, according to Eric Lyman, vice president of industry insights for...

  • UPDATE 3-U.S. auto sales demand begins to thaw in March Wednesday, 1 Apr 2015 | 2:11 PM ET

    *Toyota, Hyundai, Kia, Audi among strong performers. Among the strong performers were Toyota Motor Corp, Hyundai Motor Co, Kia Motors Corp and Audi. While dealership traffic began to pick up last month, "the second quarter looks to be even more favorable" because of pent-up demand after a harsh winter, according to Eric Lyman, vice president of industry insights for...

  • DETROIT, April 1- Fiat Chrysler Automobiles on Wednesday said U.S. vehicle sales rose 2 percent in March, meeting analysts' expectations. That higher confidence was reflected in higher vehicle transaction prices, according to TrueCar Inc. The online consumer marketplace estimated the average price of a new vehicle in March rose to $32,201, up 2.1 percent from a...

  • NEW YORK, March 31- Warren Buffett, the billionaire chief executive officer and chairman of Berkshire Hathaway Inc, said he would not raise interest rates significantly if he ran the Federal Reserve. Buffett spoke at an automotive industry conference in New York, along with the chairman of the Berkshire Hathaway automotive dealer group, Larry Van Tuyl.

  • 6 in 10 teen crashes involve distracted driving Wednesday, 25 Mar 2015 | 11:48 AM ET
    Teen texting driving

    The AAA Foundation for Traffic Safety says that nearly 6 out of 10 moderate to severe teen crashes are the result of driver distraction.