Combined new and used auto sales are likely to rise 8.3 percent to $1.1 trillion this year, according to TrueCar.» Read More
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.
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 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.
To achieve annual sales above pre-recession levels of about 17 million new vehicles, "the automakers are going to have to increase incentives more," said Larry Dominique, executive vice president of research firm TrueCar Inc..
Despite critical car reviews and a heavy short interest, it seems Tesla's stock just can't be kept down.
Consumer Reports says Tesla's luxury sedan has developed a few quirks and minor problems. CNBC's Phil LeBeau reports the details.
A new study underscores the financial advantages of leasing over buying, but it also points to a potential alternative.
August 8- China's vehicle sales in July increased 6.7 percent from the same month a year earlier, an industry association said on Friday. Some 1.6 million vehicles were sold in China in July, according to the China Association of Automobile Manufacturers.
BERLIN, Aug 4- Car sales in Germany bounced back in July, posting the second-highest monthly gain this year and suggesting a further pick-up in second-half demand in Europe's biggest auto market.
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.
Among the major automakers, only Ford Motor Co and Toyota Motor Corp beat analysts' estimates. Honda Motor Co said July sales tumbled 8 percent to 135,908. It was the only one of the top car companies to cut incentives from June to July, with per-vehicle discounts averaging $1,754, according to research firm J.D. Power.
Discussing the best automaker and auto supplier stock to own, with Brian Johnson, Barclays Capital senior autos analyst.