Crash tests involving two popular electric cars show the batteries in those vehicles hold up with no major issues after violent collisions.» Read More
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.
CNBC's Phil LeBeau breaks down the quarterly performance of General Motors and Ford Motor Company. LeBeau says Ford reported a record $2.44 billion quarterly profit in North America.
Porsche's 2014 Cayenne has been remodeled for a smoother, cleaner look and features an improved engine lineup.
General Motors announced on Wednesday six more safety recalls on 717,950 U.S. vehicles.
Chrysler will recall 792,300 vehicles to investigate whether it has faulty ignition switches, reports CNBC's Phil LeBeau.
CNBC's Phil LeBeau Chrysler will recall 792,300 vehicles to investigate whether it has faulty ignition switches.
Odds are the person driving with the top down is a wealthy baby boomer who probably has a bachelor's degree, or perhaps even a master's or doctorate.
*Profit $1.18/ shr vs est $1.09/ shr. The company, which gets most of its revenue from the sale of luxury and mid-line cars made by BMW, Mercedes-Benz and Honda, said it sold 13 percent more luxury cars at stores opened for at least a year.
July 22- U.S. auto dealer Asbury Automotive Group Inc posted a 33 percent jump in quarterly profit, driven by strong demand for luxury vehicles. The company's net income rose to $35.9 million, or $1.18 per share, in the second quarter ended June 30, from $27 million, or 87 cents per share, a year earlier. Revenue increased 12 percent to $1.50 billion.
The Insurance Institute for Highway Safety issued its first list of used vehicles that it most recommends for young motorists.
Before Nissan's first self-driving cars go on sale in 2020, it will launch new technologies that supplement the driver behind the wheel.
The insurance bill for the typical married couple will jump an average 79 percent when a teen driver is added, according to a report.
DETROIT, July 17- Shares of AutoNation Inc, the largest U.S. auto dealer group, fell as much as 8 percent on Thursday after its earnings missed analysts' expectations. Analyst Joseph Amaturo of the Buckingham Research Group said he was "unimpressed" with AutoNation's results and that the company was not expanding its share of the U.S. new-vehicle market.
Utility vehicles accounted for 36.5 percent of the overall American market during the first five months of 2014.
MILAN, July 17- New car sales in Europe rose 4.3 percent in June, industry data showed on Thursday, as an economic recovery in southern Europe, new product launches and retail incentives boosted demand for mass-market brands.
For over a decade, the General Motors legal department quietly worked to contain the damage of defective ignition switches.