An Illinois auto dealership is having what it calls a White Friday sale this month, the Chicago Tribune reported Tuesday.» Read More
Leasing a car, which has long been popular in select markets, has now become the primary choice for millions of Americans who want to drive a new vehicle.
WASHINGTON, Sept 3- New orders for U.S. factory goods jumped in July and automobile sales in August were unexpectedly strong, offering further signs of strength in the manufacturing sector. The Commerce Department said on Wednesday new orders for manufactured goods increased a record 10.5 percent on robust demand for transportation equipment.
August auto sales were unexpectedly strong, led by Ford Motor Co, Chrysler Group and Nissan Motor Co, which easily beat analysts' estimates as the industry is seen reaching volumes not seen since before the recession. Ford sales were up 0.4 percent, while Chrysler, a unit of Fiat SpA, showed a 20 percent gain, the automakers reported on Wednesday.
According to a recent survey, women are becoming more accustomed to rolling up their sleeves to try to get the best deal on a new car.
More than 30,000 Americans are killed in highway crashes each year, but experts believe that death toll could sink to zero.
DETROIT, Aug 29- U.S. auto industry sales in August will be about even with a year ago, not quite ending the summer in a sizzling fashion but still warm enough to continue the recovery from a recession now five years in the rear-view mirror.
Ford's Mustang is turning 50 this year and going global for the first time. Ford President of the Americas Joe Hinrichs, discusses the success of Ford's iconic brand, and the 2015 Mustang.
Auto dealers are riding a used car bull market that has steadily driven the number of pre-owned cars sold to an expected total of 41.5 million.
The rise in borrowers falling behind on auto loans will renew concerns the auto industry is creating a bubble for subprime loans.
CNBC's Phil LeBeau looks at how autonomous vehicles will change the way we look at transportation.
Used car prices are tumbling sharply and likely to slide through 2016, according to pricing trends.
CNBC's Robert Frank reports from a car auction in Pebble Beach, California. Franks highlights everything from micro to bizarre cars.
A new phase in collectible cars, with CNBC's Robert Frank in Pebble Beach, California. Auctions will total between $450 and $500 million for fewer cars this year compared to last year which brought in just over $300 million.
CNBC's Robert Frank reports from Pebble Beach, California, where a 1962 Ferrari was sold for $34.65 million, which came to $38 million with auction fees.
Karan Girotra, professor at INSEAD, discusses Tesla's business model and their ability to grab the fascination of consumers.
Discussing the growth outlook for Ford Motor and why now is the time to buy Ford stock, with Colin Langan, UBS auto analyst, and George Magliano, IHS Automotive.
Discussing strong auto sales, and what type of cars consumers are interested in, with Tammy Darvish, DARCARS Automotive Group. Darvish says there's a sense among consumers "frugality is sort of cool now."
CNBC's Phil LeBeau reports consumer confidence is strong and it's driving auto sales.
WASHINGTON, Aug 13- U.S. retail sales unexpectedly stalled in July, pointing to some loss of momentum in the economy early in the third quarter. The Commerce Department said on Wednesday that retail sales, which had increased 0.2 percent in June, were in part held back by a second straight month of declines in receipts at auto dealers.
Often saddled with debt, young shoppers are looking for smaller, cheaper vehicles, and are more likely to do their research online.