Ford Brand

CarMax Q2 profit rises despite hit from Harvey

CarMax's net income rose 12 percent in its fiscal second quarter as the largest used-vehicle retailer in the U.S. saw only a "modest" loss of sales from Hurricane Harvey.

Flex-N-Gate to build r&d operation near Detroit

Supplier Flex-N-Gate plans to invest $2.2 million and create 50 jobs at a new r&d center near Detroit in Sterling Heights, Mich.

Sign up for our daily newsletter

We'll send you the top news of the day each weekday afternoon.