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Tesla CEO Elon Musk is turning to a tried-and-true source of financing for his unprofitable car company -- paying customers willing to wait years for... [Read More]
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Ride-hailing companies like Uber will see demand boom between now and 2040, hobbling global auto sales growth, according to a new study. [Read More]
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Hertz Global Holdings Inc. reported its first quarterly profit in a year as better prices at the rental counter signaled the company's turnaround efforts are... [Read More]
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Icahn believes his portfolio of offbeat investments is well positioned to cash in on the emerging new car culture. [Read More]
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Carl Icahn imagines the next two decades or so of transportation the way a lot of experts do: Americans will ditch personal cars. He sees... [Read More]
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Carl Icahn rarely takes his Mercedes out for a spin. And he figures many people in the U.S. will eventually treat their vehicles as dismissively... [Read More]
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Lincoln rolls new Navigator, heating up competition in large luxury-SUV market... [Read More]
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For shoppers with an eye on the new Navigator SUV -- or any Lincoln, for that matter -- General Motors is offering a $5,000 discount... [Read More]
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Avis Budget Group Inc. lowered the high end of its forecasts for full-year profit and sales, citing the hurricanes that some analysts thought would help... [Read More]
Maker of electric cars may need to raise more money in 2018 after burning through $2.6 billion in last two quarters. [Read More]
The longer Wall Street waits for Tesla Inc. to get mass production going, the sooner they're likely to see Chief Executive Officer Elon Musk return... [Read More]
Battery-powered cars will make up about half of the global vehicle market by 2030, as environmental regulations, falling prices and the deployment of driverless taxis... [Read More]
(c) 2017, Bloomberg. Battery-powered cars will make up about half of the global automotive market by 2030, as environmental regulations, falling prices and the deployment... [Read More]
Electric cars have been a tough sell in the U.S. The loss of the $7,500 perk could make them even harder for automakers to pitch. [Read More]
Ford Motor Co.'s F-Series led a gangbusters month for pickups, pacing a surprise uptick in total U.S. auto industry sales. [Read More]
The United Auto Workers filed an unfair labor practice claim against Tesla Inc. saying the company harassed, intimidated and eventually fired some workers who had... [Read More]
The automaker, whose stock price has surges 33 per cent this year, beat analysts' estimates despite lower revenue. [Read More]
General Motors Co. mitigated the effects of significant production cuts it warned were coming by boosting sales of SUVs now and selling Wall Street on the... [Read More]
General Motors Co. may have been founded in 1908, but investors long treated the automaker as though it were born in the Jurassic period --... [Read More]
General Motors Co. will idle a Detroit car factory for six weeks later this year to pare inventory before making permanent production cuts because of... [Read More]
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