CarMax quarterly earnings slide 3.6% despite revenue gainTue, 21, Jun 2016
CarMax's latest quarterly earnings slid 3.6 percent, dragged down by expenses related to store openings, share-based compensation and hail damage to vehicles at the company's stores in Texas.
VW brand sales stable as Europe, China demand offsets drops in U.S., BrazilFri, 17, Jun 2016
Volkswagen brand sales slipped 0.7 percent last month with gains in Europe and China offsetting declines in the Americas.
Used, new small-car prices tumbleMon, 20, Jun 2016
After years of new-vehicle lease growth, a surge in the flow of off-lease vehicles has started. It's already depressing prices of small cars -- used and new -- that consumers don't want anyway. Automakers are taking steps to cope.
Germany needs emissions-free car fleet by 2030, official saysTue, 14, Jun 2016
All new cars registered in Germany need to be emissions free by 2030 at the latest to help meet pollution reduction goals, a deputy minister in Angela Merkel's government has said.
Non-BMW dealers can buy off-lease vehicles from BMW FinancialMon, 13, Jun 2016
BMW Financial, assisted by Cox Automotive, is making its off-lease vehicles available to non-BMW dealers. The move comes in anticipation of many years of growth in the number of off-lease vehicles.
Brace for change, BMW's sales chief warnsMon, 13, Jun 2016
BMW sales and marketing chief Ian Robertson warned that the marketplace for transportation is evolving at a far faster pace than only recently believed by the car industry, likening incumbent automakers to frogs in a pot slowly cooking to a boil.
IHS: U.S. to lead in self-driving car salesMon, 13, Jun 2016
The United States is expected to lead the way to cumulative global sales of 76 million fully and semiautonomous vehicles by 2035, IHS Automotive forecasts.
Americans want their new cars nowMon, 13, Jun 2016
Getting rid of inventory is a great idea, but build-to-order is not going to work and the dealer who keeps his inventory will get the business.
Big fleet volume cushions May lossMon, 13, Jun 2016
Fleet activity powered U.S. auto sales in May for major automakers as retail volume weakened.
Supply puts a drag on used prices, but Manheim index risesTue, 07, Jun 2016
An increase in used-vehicle supply has put a drag on used-vehicle prices. But dealers' skills and efficiencies lifted Manheim's monthly Used Vehicle Value Index despite that supply pressure.
VW's Skoda brand mulls U.S. salesMon, 06, Jun 2016
VW Group's Skoda unit is considering whether to sell cars in the U.S. where its parent is mired in a diesel emissions scandal.
In the grips of a 'sedan recession'Mon, 06, Jun 2016
Automakers reported a plethora of ugly, negative numbers in May. But despite an implosion in demand for sedans, the industry's selling rate rose slightly from April, keeping 2016 on track to break last year's U.S. sales record.