Specialty Retail Automotive Retail

  • VANCOUVER, Nov 20- British Columbia's premier said on Tuesday his government will introduce legislation next year that will require all new light-duty cars and trucks sold in the province by 2040 to be electric or zero-emission vehicles. To support the plan, British Columbia will expand its fast-charging network and spend an addition C $20 million this year...

  • 2019 Mustang Bullitt

    CNBC tested the 2019 Mustang Bullitt, which was introduced to commemorate the 50-year anniversary of the classic Steve McQueen movie. It's guaranteed to turn heads, and is well worth the $50,000 asking price.

  • Ford AV Argo autonomous vehicle test car

    Ford is road testing its autonomous vehicles in partnership with the city of Miami, as the legacy automaker hopes to capitalize on the emerging technology in ride-share and business delivery.

  • WASHINGTON, Nov 14- The Environmental Protection Agency announced a new rule on Wednesday that it said will help the urgent removal of defective Takata airbags and ensure old ones from scrap vehicles don't get reused. "Today's action will help auto dealers and scrap recyclers across the country protect public health and properly dispose of these defective...

  • An aerial view of the Tesla Gigafactory near Sparks, Nevada 

    The Gigafactory's expansion since opening in July 2016 has been critical to Tesla's growth. This year, the automaker is on track to sell 236,000 vehicles.

  • 2018 Chrysler Pacifica

    CNBC reviews the 2018 Chrysler Pacific Hybrid, the best family car you can buy right now. If you need cargo space, skip the crossover SUV and consider this instead.

  • BEIJING, Nov 9- China's automobile sales fell 11.7 percent in October from a year earlier, the country's top auto industry association said on Friday, marking the fourth straight month of declining sales in the world's largest auto market. The sales drop to 2.38 million vehicles comes amid broader slowing economic growth and a biting trade war between China and...

  • SAO PAULO, Nov 7- Automakers in Brazil last month notched their strongest sales in nearly four years, a leading trade group said on Wednesday, adding to optimism as the auto industry kicked off the biannual Sao Paulo International Motor Show. Brazilian auto exports, however, are likely to fall this year by more than originally forecast, according to Anfavea, due to...

  • Ford said consumers are relatively confident about economic conditions, albeit slightly less so than in September, citing data for October from University of Michigan's consumer sentiment index, adding payments have crept up with rising interests rates. So little bit of pressure there, "said Mark LaNeve, vice president, U.S. marketing, sales and service at Ford.

  • Nov 1- Top U.S. automakers reported another month of rises in sales of sports utility vehicles and pick-up trucks on Thursday as American consumers continued to shun sedans and hatchbacks. Ford, which is also gradually phasing out production of most passenger cars in the United States, said total sales fell 3.9 percent to 192,616 vehicles, hurt by lower...

  • John Krafcik, CEO of Waymo speaks at a press conference at the 2017 North American International Auto Show in Detroit, Michigan, January 8, 2017.

    The California Department of Motor Vehicles has granted Waymo the state's first permit to begin testing driverless vehicles on public streets and highways, the company said Tuesday. 

  • Oct 30- AutoNation Inc reported lower-than-expected revenue on Tuesday, as the largest U.S. auto retail chain sold fewer new vehicles, and the company said it plans to scale back investment and overhead costs in 2019.. The company plans to reduce investment following an "elevated period of brand extension investment" in higher-margin service and used car...

  • *VW profit falls less than feared in third quarter. FRANKFURT, Oct 30- Volkswagen posted forecast-beating third quarter profit, weathering a storm of lower car sales, higher spending and new pollution rules which dented earnings at rivals Daimler and BMW. Adjusted operating profit totalled 3.51 billion euros in the three months to the end of September, down 18.6...

  • DETROIT, Oct 29- U.S. auto sales likely fell slightly in October from a year earlier, when replacement demand following hurricanes Harvey and Irma boosted business, industry consultants J.D. Power and LMC Automotive said on Monday. "The year-over-year comparison is difficult as sales in October last year were inflated by vehicle replacement demand associated...

  • LONDON, Oct 29- British consumer borrowing rose at the slowest rate in more than three years last month after new car sales fell by a fifth, the Bank of England said on Monday, in news likely to raise concern about the economy's strength. "Even allowing for the impact of substantially weakened car sales due to special factors, September's data reinforces the...

  • The 2018 Jaguar E Pace

    CNBC tests the 2018 Jaguar E-Pace. It's an expensive and luxurious compact cross-over, just don't expect to fit the whole family inside.

  • British aero-engine maker Rolls-Royce said on Friday it would deliver fewer Trent 7000 engines this year than initially expected due to production problems, hitting both its shares and those of major customer Airbus.

  • General Motors is pushing for a National Zero Emissions Program to be adopted across the US. 

  • A Tesla Motors Model S electric vehicle on display at the company's showroom in San Francisco.

    Consumer Reports, which ranks the reliability of vehicles based on owner reviews, says the dependability of Tesla models has slipped in the last year as the automaker upgraded the hardware and software on its Model S vehicles.

  • Keith Monnin, CEO of Bernardi Auto Group, looks over a dealership in Framingham, MA.

    A growing number of auto dealers around the country is seeing a noticeable drop in retail sales and customer traffic, raising the possibility that a long-anticipated slowdown in auto sales has arrived.