General Motors is dropping Chevy as its No. 1 brand for mass-market vehicles in Europe and is making Opel its primary mainstream line.» Read More
Patrick Hop made an initial investment a year ago. Hop then dumped the stock at $115. But instead of pocketing a huge profit, he re-invested the money into Tesla call options.
As Tesla plans to boost production by another 35 percent next year, several issues could arise to challenge electric carmaker Elon Musk.
Elon Musk says the electric car company is now building more than five-hundred Model S vehicles a week and is on target for a major ramp-up in production next year.
Ed Whitacre's latest comments are a sobering reminder of just how screwed up the world's largest automaker was during its brief bankruptcy and the short period of time afterward.
Compared to other luxury sedans, Tesla sells the Model S to a much higher percentage of men and those buyers are, on average, younger and wealthier.
The automaker, facing numerous complaints and a class-action lawsuit, is lowering the mileage estimate for its C-Max hybrid crossover vehicle.
In a sign of its growing strength in China, Ford said that demand there for the Focus helped make the model the world's top-selling car in the first quarter.
Americans are making their old cars and trucks run longer. A study by Polk finds the average age for vehicles in America has climbed to an all-time high of 11.4 years.
Think you can guess the cheapest car to drive? Hint: It clocks in at 7 cents per mile. The most expensive costs 36 cents per mile. Check out the answers from GasBuddy.com.
One look at the BMW i3 and you'll know this is not your typical BMW.
In the last two years the luxury car brand Porsche has doubled its sales to woman in the U.S., with the percentage of Porsche sales to females growing to 15 percent.
In a rare move, Consumer Reports has rated a large sedan from a U.S. automaker as the best in its category - the first time in more than 20 years a domestic model has been rated the best sedan.
GM should post big numbers later this year, thanks largely to a wave of new models hitting U.S. showrooms. But that's only part of the storyline.
The move means it will add a total of 3,000 white collar jobs this year, with most of them located at the Dearborn headquarters.
The Street consensus is for the automaker to earn $0.37 share on revenue of $35.24 billion, but analysts are already whispering to expect more in Wednesday's earnings reports.
Four years after the auto industry bottomed out with GM and Chrysler going bankrupt, those automakers and the industry as a whole is roaring again.
Tesla's shares, which soared to a new all-time high earlier this week, were thrown into reverse Tuesday in the biggest one-day drop the stock has seen since January 2012.
The race to be No. 1 in China has become a proxy for the battle the companies are waging to be the global leader in auto sales.
A fundamental and dramatic shift is happening when it comes to our addiction to gasoline. The amount consumed at the pump is dropping. Here's why.
Some states are more patriotic than others when it comes to buying cars and trucks from domestic automakers. Here's a look at how they stack up.