Auto

CarMax, the largest retailer of used cars in the United States, reported higher quarterly revenue and said it had increased its share buyback program by $1 billion.

Tesla plans to appeal New Jersey’s decision to enact a ban on direct sales in the state, as the automaker continues its fight against franchised dealers.

GM chief Mary Barra faced another round of questions on Capitol Hill, addressing the automaker’s failure to provide a new part number for a redesigned ignition switch.

GM CEO Mary Barra told lawmakers the automaker never puts repair costs ahead of safety, calling revelations that a company worker scrapped an ignition-switch probe in 2004 “disturbing.” Mary Barra Takes the Hot Seat | GM Posts 4.1% Jump in March Sales

The auto industry bounced back in March after a lackluster winter, as demand for pickup trucks and sport-utility vehicles fueled sales.

Congressional investigators released a memo saying NHTSA twice declined to open investigations into defective GM ignition switches.

The high-end U.S. electric car market will soon have another big competitor.

GM halted sales of certain 2013-14 Chevrolet Cruze compact cars for an unspecified reason, potentially adding to the automaker’s safety woes.

Responding to several fires involving the Model S, Tesla is adding a titanium shield to protect the vehicle’s underbody and prevent objects from puncturing the battery.

Ford will invest $500 million in an Ohio engine plant for the new 2015 F-150.

Tesla reached an agreement with Ohio auto dealers in order to operate a maximum of three company-owned stores in the state, heading off a bill that would have banned direct sales.

Nissan is recalling 1.05 million vehicles worldwide, with 990,000 in the U.S., to address a software glitch that could cause a failed air-bag deployment.

Ford plans to mark the 50th anniversary of the Mustang by parking one on the top of the Empire State Building, recreating a stunt the company used to help launch the first version of the pony car.

An Arizona bill currently making its way through the state legislature would pave the way for Tesla to sell its electric vehicles directly to consumers.

Toyota reached a $1.2 billion settlement with the Department of Justice, ending a criminal probe into issues that caused inadvertent vehicle acceleration.

GM chief Mary Barra took responsibility for an overhaul of the automaker’s recall process going forward, saying the review of an ignition-switch defect took too much time.

GM will take a $300 million charge in 1Q to cover recall costs, as it deals with the fallout of an ignition-switch issue and new recalls.

Tesla, which has built a sales model that bypasses franchised dealerships, will no longer sell its high-end electric cars in New Jersey after the state rebuffed its direct-sales approach.

Ford plans to move production of its new medium-duty trucks from Mexico to an assembly plant in Ohio, the company announced on Friday.

Navistar reported a larger first-quarter loss amid lower truck volume in North America.