Mark Wahlberg and Jay Feldman buy fifth Ohio car dealership
Mark Wahlberg and his business partner Jay Feldman have purchased their fifth car dealership together. Mark Wahlberg Chevrolet of Avon joins their growing portfolio in the state.
Why are car prices skyrocketing?
FOX Business' Gerri Willis speaks with Corey Shaker of Shaker Auto Group about car prices going up due to lack of inventory and high demand.
Nissan CEO tells Tokyo court Carlos Ghosn had too much power
Nissan Chief Executive Makoto Uchida told a Japanese court on Wednesday that the company’s former chairman, Carlos Ghosn, had held too much power, failed to listen to others, and stayed on for too long.
The Ford F-Series was outsold by Ram and Chevy in Q2 and the worst may not be over yet
The Ford F-Series finished the second quarter third in sales behind Ram and Chevrolet as production was negatively impacted by the ongoing semiconductor shortage.
Bugatti merging with Croatian electric hypercar brand Rimac
Croatia's Rimac and VW Group-owned Bugatti will merge to form a new hypercar brand. Bugatti Rimac will begin public trading in Q4 of 2021.
Ford sales plummet in June amid chip shortage
Ford reported a 26.9% drop in June sales as it deals with inventory issues caused by the coronavirus pandemic. A semiconductor shortage is the main problem it faces.
Tesla beats estimates with record 201,250 Q2 deliveries
Tesla posted a record quarter in Q2 with 201,250 deliveries. The result beat Wall Street estimates.
Porsche recalls flagship electric model Taycan over software issue
Porsche is recalling 43,000 Taycan electric cars to fix a software issue that can cause them to shut down suddenly.
Six-figure Tesla Model S Plaid burst into flames with driver inside, attorney says
A base-priced $129,900 Tesla Model S Plaid burst into flames while being driven this week, forcing the driver to push his way out before the car became engulfed in fire, the lawyer for the car’s Pennsylvania owner said, according to reports.
New auto sales, prices rise as chip shortage cuts US supply
U.S. consumers continued to spend wildly on new automobiles in the second quarter, pushing sales up 50.2% over last year despite tight dealer inventories and record high prices.
GM, Toyota sales up in Q2 as inventory issues continue
Automakers reported increases in Q2 sales despite low inventories of new vehicles due to the ongoing semiconductor shortage.
‘Time to sell’ used cars due to shortages: Auto analyst
Automative Sector Analyst Lauren Fix on car dealerships selling above sticker price due to chip and rubber shortages.
Arnold Schwarzenegger wants Ford to build electric cars in Austria
Arnold Schwarzenegger asked Ford CEO Jim Farley to consider opening an automobile plant in Austria during a climate conference he was hosting in Vienna on Thursday.
Ford idling 8 factories for weeks in July and August due to semiconductor shortage
Ford will idle eight factories for several weeks in July and August due to the ongoing semiconductor shortage.
Is it a good idea for drivers to buy GAP insurance?
GAP insurance is an optional supplemental coverage that helps pay off your vehicle loan if your car is totaled and you owe more than its depreciated value. It's a good idea for several reasons.
Rise in car loans boosts US consumer credit usage in April, Fed report shows
The cost of buying a car is surging due to pent-up demand and inventory shortages. But there are other ways to save for those looking to buy a car.
US agency orders automated vehicle makers to report crashes
The U.S. government's highway safety agency has ordered automakers to report any crashes involving fully autonomous vehicles or partially automated driver assist systems.
Tesla Model 3 regains Consumer Reports 'Top Pick' rating following IIHS retest
Consumer Reports has restored the Tesla Model 3's Top Pick rating after the IIHS retested it's new safety systems.
Uber to let office staff work up to half their time from anywhere -source
Uber Technologies Inc will let employees work half their hours from wherever they want as part of its revamped return-to-office strategy, the transport app company plans to announce on Tuesday, according to a person familiar with the matter.
UAW leaders pick Secretary-Treasurer Ray Curry to run union
United Auto Workers Secretary-Treasurer Ray Curry has been elected president of the union.



















