Carvana's success rides on used-car loans
Online used-car dealer Carvana Co., known for its vehicle vending-machine towers, has a secret sauce to its business success: a way of handling car loans that turbocharges revenue.
Ram pickup trucks recalled over risk of air bag launching shrapnel
Automaker Stellantis is recalling more than 260,000 Ram trucks over a potential hazard caused by side-curtain air bags.
Job posts requiring COVID-19 vaccines soar: report
The number of job postings in the U.S. and Canada requiring potential employees to be vaccinated for the coronavirus has skyrocketed since the beginning of the year.
Monterey Car Week auctions predicted to break $320 million in sales
The Monterey Car Week auctions are underway and estimated to bring in $320 million in sales. The event was canceled last year due to coronavirus restrictions.
Mark Wahlberg Chevrolet scores endorsement from Ohio State football freshman Jack Sawyer
Ohio State football freshman Jack Sawyer is being sponsored by Mark Wahlberg Chevrolet in a first of its kind partnership for the dealer.
Comparing car insurance quotes can save you hundreds of dollars per year - here's why
Auto insurance premiums vary from one insurer to the next, so it's important to compare rates when you're shopping for a new policy.
The used car price drop is accelerating
The Manheim Used Car Index dropped for the second straight month in July signaling a coming reduction in retail prices from record highs.
Biden's electric car ambitions face real world roadblocks
President Biden wants to convert American motorists to electric cars as a linchpin of his plan to address climate change. Success heavily depends on factors outside his control.
US probes whether Ford was slow to recall backup cameras
U.S. highway safety regulators are investigating whether Ford acted quickly enough when it recalled more than 620,000 vehicles last year to fix faulty rear-view cameras.
US probing whether Mercedes vans can roll away unexpectedly
The National Highway Traffic Safety Administration (NHTSA) is investigating whether some Mercedes-Benz Sprinter vans can shift out of park and unexpectedly roll away.
Jeep raised the price of best-selling plug-in hybrid Wrangler 4xe that Biden drove
Jeep's new plug-in hybrid Wrangler 4xe is so popular that it's increasing prices just months after it launched this spring. President Biden drove one of the vehicles at the White House after signing an executive order that aims to have 50% of new car sales in the U.S. electrified by 2030.
US automakers pledge to sell 40%-50% electric vehicles by 2030, with a catch
Ford, GM and Stellantis have pledged for 40% to 50% of their U.S. sales to be electric by 2030, with all-electric, fuel cell electric and plug-in hybrids included.
New York Auto Show canceled due to COVID-19 delta variant surge
The New York show is one of the most highly attended and generates an estimated $300 million for the local economy.
GM shares fall despite $4.1B profit, boosted forecast
Investors are skeptical of GM's outlook as the chip shortage creates more uncertainty for the auto industry.
Survey says most Americans overpaying for car insurance: How to lower your rate now
Most drivers think they are paying a fair price for their car insurance, but some experts disagree. Here's how to ensure you have the best rate.
Decade-old Dodge Durango SUV helps drive $7 billion Stellantis profits with record sales
Stellantis reported a $7 billion profit for the first half of 2021, despite the ongoing challenges of the semiconductor shortage. Several models set retail records for the period, including the decade-old Dodge Durango SUV.
Rivian filed trademarks for 6 new model names after $2.5 billion investment round
Startup automaker Rivian has filed trademark applications for six new model names, even as it is yet to sell one vehicle. The company is also reportedly looking for a site to build a second factory.
Nikola founder Trevor Milton indicted on 3 fraud charges
Nikola Corp. founder Trevor Milton has been indicted on three charges of fraud by the U.S. Department of Justice based on statements he made while chairman of the electric truck startup.
The Ford Bronco and electric F-150 Lighting are stealing lots of customers from other brands
Ford CEO Jim Farley said Bronco and F-150 Lightning customers are coming from other brands in droves. Over seven out of 10 reservations and orders are from people new to Ford.
Tesla test drives going remote in new retail strategy, report says
Tesla is changing up its retail strategy and will close many stores in favor of central locations. Advisors will be able to schedule test drives and remotely unlock cars for customers to access.



















