| UPDATED: 4/28/17 4:25 pm ET - adds stock close

Used-car retailer Carvana's shares skid in debut

Shares of used-car retailer Carvana fell 26 percent below the company’s initial pricing in their Wall Street debut on Friday.

U.S. auto sales forecast to slip in April as retail demand slumps

It's becoming increasingly clear that U.S. new-vehicle sales have passed their peak, with April expected to mark the industry's fourth consecutive monthly decline.

| UPDATED: 4/28/17 11:25 am - adds XC60 launch details
Volvo first-quarter profit rises 11%

Volvo reported an 11 percent rise in first-quarter profit as strong demand for its XC60 and 90-series cars gave it a boost.

Off-lease glut? That ain't the problem

A glut of vehicles is threatening the industry's good times. But contrary to the predictions and pundits, it's not too many used vehicles. It's too many new ones.

Can Buick's Avenir track Denali's ascent?

While Buick's high-end Avenir may have a hard time matching GMC's Denali in the U.S., it has huge potential in China, where Buick logs more than 80 percent of its global sales.