AutoZone Profit Grows 8%
AutoZone. reported its profit grew 8% and easily topped expectations in its latest quarter as sales climbed and the company continued to rework its distribution process.
Mitsubishi Motors Finds Improprieties in Its Fuel-Economy Tests
Mitsubishi Motors said Wednesday there were improprieties in its tests related to vehicles' fuel economy performance.
Harley-Davidson Profit Falls Less Than Expected
Harley-Davidson said profit fell less than expected in the first quarter, buoyed by higher motorcycle sales that the company attributed to newer products and a ramped-up marketing campaign.
Hertz Cuts 2016 Outlook on U.S. Car Rental Revenue
Hertz Global Holdings said it anticipates revenue from its car rental business in the U.S. to be lower than expected in 2016, as sluggish demand continues to weigh on the company's results.
CarMax 4Q Profit Falls, But Revenue Tops Expectations
CarMax on Thursday said its profit fell 1.5% in the final quarter of its fiscal year amid a tough sales environment for used cars, but the company's revenue surpassed expectations.
Auto Makers Cruise to Sales Gains in March
Auto makers cruised through another month of gains in U.S. sales in March as favorable weather and a pair of extra selling days helped drive the industry toward its highest expected monthly volume in a decade.
Nissan to Take 34% Stake in Mitsubishi Motors
Nissan Motor said Thursday it would spend Yen237.4 billion ($2.18 billion) to take a 34% stake in Mitsubishi Motors, becoming the controlling shareholder after a scandal at Mitsubishi involving falsified fuel-economy data.
GM, Lyft to Test Self-Driving Taxis
General Motors and Lyft within a year will begin testing a fleet of self-driving Chevrolet Bolt electric taxis on public roads, a move central to the companies' joint efforts to challenge Silicon Valley giants in the battle to reshape the auto industry.
Takata Is Ready to Recall Additional 35 Million Air Bags
Takata is preparing to recall at least another 35 million rupture-prone air-bag inflaters that U.S. regulators have deemed a safety risk, said people familiar with the matter, further escalating a crisis at the Japanese supplier linked to numerous deaths and injuries.
Auto Sales Back on Track in April
Fiat Chrysler reported April vehicle sales rose 6%, Ford reported a 4% increase over the prior year. GM's sales fell 3.5%
Tesla's Deliveries Miss Target Again
Tesla Motors missed its vehicle delivery target for the second consecutive quarter and is on track to fall short of its annual target.
Tesla's Deliveries Miss Target Again
Tesla Motors missed its vehicle delivery target for the second consecutive quarter and is on track to fall short of its annual target.
Volkswagen CEO Rules Out European Damage Payments
Volkswagen's Chief Executive Matthias Muller has ruled out making damage payments to European customers effected by its emissions-cheating scandal similar to the those offered to Americans, saying it would be too expensive for the company.
Volkswagen CEO Rules Out European Damage Payments
Volkswagen's Chief Executive Matthias Muller has ruled out making damage payments to European customers effected by its emissions-cheating scandal similar to the those offered to Americans, saying it would be too expensive for the company.
Car Shoppers Shrug Off Brexit Volatility in June
The stock-market turmoil fueled by Brexit didn’t dissuade car shoppers in June, as U.S. auto sales accelerated into the month’s final days.
U.S. Auto Sales On Track for Best June in Over a Decade
Fiat Chrysler Automobiles reported a 7 percent rise in June U.S. auto sales, while Nissan Group said U.S. sales for the month increased 13 percent, raising hopes that the industry may meet analysts' expectations of a nearly 5 percent rise in the month.
U.S. Auto Sales On Track for Best June in Over a Decade
Fiat Chrysler Automobiles reported a 7 percent rise in June U.S. auto sales, while Nissan Group said U.S. sales for the month increased 13 percent, raising hopes that the industry may meet analysts' expectations of a nearly 5 percent rise in the month.
Tesla Shares Slip Following Fatality Report
Tesla Motors Inc's shares were down about 2 percent in premarket trading, with at least one analyst saying that worries stemming from the first fatality involving the company's Autopilot system were based more on perception than reality.
Why the Media Loves Tesla and Hates Apple
Opinion: Why do tech journalists lap up Elon Musk’s Kool Aid while consistently predicting Apple’s demise?















