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Automotive Retail

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  • Auto loans surge, but who's buying may surprise you Thursday, 19 Feb 2015 | 6:00 AM ET

    American auto buyers are borrowing more than ever, but the people taking out auto loans may surprise you.

  • The real battle Apple is waging in autos Tuesday, 17 Feb 2015 | 1:32 PM ET
    A visitor presses the new Apple's CarPlay touch-screen commands inside the Volvo Estate concept car.

    Many are overlooking the big battle that's already taking shape in the auto industry: Who will win drivers' time behind the wheel?

  • Tesla's Musk has a 'secret weapon' Wednesday, 11 Feb 2015 | 10:48 PM ET

    Leave it to Tesla's Elon Musk to spice up a quarterly earnings call with a vague comment that will spark speculation on what's coming up next.

  • Tesla targets cold-weather states with new P85D Wednesday, 11 Feb 2015 | 1:47 PM ET
    Tesla Model S P85D is revealed to the media at the 2015 North American International Auto Show at Cobo Center on January 12, 2015 in Detroit.

    Tesla rolled out the new Model S P85D, a performance edition of its flagship Model S, in an attempt to expand sales in cold-weather states.

  • NEW YORK, Feb 10- The U.S. Department of Justice said on Tuesday that it reached a settlement in its first-ever discrimination case against auto dealers who also finance the purchase of used cars. Two so-called "buy here, pay here" dealerships in Charlotte, North Carolina, Auto Fare Inc and Southeastern Auto Corp, agreed to set aside $225,000 to reimburse...

  • Russia's January auto sales down 24.4 pct y/y - AEB Monday, 9 Feb 2015 | 6:49 AM ET

    MOSCOW, Feb 9- New car sales in Russia slumped 24.4 percent in January year-on-year, the Association of European Businesses lobby group said on Monday.

  • MOSCOW, Feb 9- Russian car sales are expected to decline by 25-35 percent this year, accounting firm PricewaterhouseCoopers said on Monday, hit by a sharp economic slowdown and devaluation of the rouble. Russia, a country with 143 million people, has been a booming market for car producers since the fall of the Soviet Union. But with the economy heading for...

  • MOSCOW, Feb 9- Russian car sales are expected to decline by 25-35 percent this year, PricewaterhouseCoopers said on Monday, hit by a sharp economic slowdown and devaluation of the rouble. PwC said in a presentation that sales could reach 1.52 million to 1.75 million units, compared to 2.34 million autos sold in 2014. It would be the second year of declines in a row.

  • Fewer drinking and driving, but marijuana use up Friday, 6 Feb 2015 | 5:50 PM ET

    There was a hefty increase in the number of drivers with illegal drugs in their systems, according to the NHTSA.

  • Jeep's currency play: How Renegade stands to gain Friday, 6 Feb 2015 | 1:49 PM ET
    2015 Jeep Renegade

    The new Jeep Renegade, which is produced in Europe and sold predominantly in the U.S., is poised to reap the benefits of a strong dollar.

  • Low gas = auto sales boom?  Thursday, 5 Feb 2015 | 2:23 PM ET

    Discussing the correlation between cheap gas, and auto sales, as well as the health of the luxury auto market, with Earl Hesterberg, Group 1 Automotive CEO.

  • Ford expanding, hiring to meet truck demand Wednesday, 4 Feb 2015 | 12:01 AM ET
    Ford worker on the assembly line at the Ford Dearborn Truck Plant, Dearborn, Michigan.

    Ford, moving to keep up with growing demand for its new F-150 pickup, is hiring more workers to support increased production of the truck.

  • DETROIT, Feb 3- U.S. auto sales in January month were the highest for any January since 2006, Autodata Corp said on Tuesday.

  • NEW YORK, Feb 3- U.S. stocks rose more than 1 percent on Tuesday, led by gains in energy shares as oil prices extended their recent rally, while higher-than-expected January car sales also bolstered the advance.

  • January auto sales rate 16.66 million: Autodata  Tuesday, 3 Feb 2015 | 3:55 PM ET

    CNBC's Phil LeBeau reports on the number of cars and trucks sold in January.

  • Boost from cheap gas  Tuesday, 3 Feb 2015 | 2:19 PM ET

    Lower gas prices increases affordability, which can drive car sales, explains former General Motors vice chairman Bob Lutz.

  • Demand for bigger cars  Tuesday, 3 Feb 2015 | 2:16 PM ET

    Are lower gas prices having an impact on car sales? CNBC's Phil LeBeau explains the impact to the type of vehicle people are buying during a period of cheaper gas.

  • Big vehicles = big gains as truck, SUV sales soar Tuesday, 3 Feb 2015 | 1:05 PM ET
    2015 Jeep Cherokee

    Americans are buying trucks, SUVs and crossovers at their fastest pace in years.

  • Trucks, SUVs drive US vehicle sales in January Tuesday, 3 Feb 2015 | 11:29 AM ET
    A Chrysler Ram 1500 truck goes through the assembly line at the Warren Truck Assembly Plant in Warren, Michigan.

    January U.S. car sales analysts' expectations, as low gasoline prices and easy credit terms helped fuel sales of utility vehicles and big pickups.

  • DETROIT, Feb 3- January U.S. car sales by the three Detroit- based automakers topped analysts' expectations, as low gasoline prices and easy credit terms helped fuel sales of utility vehicles and big pickups. Sales of trucks and SUVs accounted for 69 percent of January sales at General Motors Co, Ford Motor Co and Fiat Chrysler Automobiles, compared with 66 percent a...