CarMax's certification check list fails Calif. law, court rulesFri, 21, Oct 2016
A federal appeals court in California ruled that CarMax's component inspection checklist violates a California statue that requires dealers to provide consumers a “completed inspection report” prior to the sale of any certified used vehicle.
Baby boomers swap Corvettes for comfort as U.S. sports-car sales fallFri, 21, Oct 2016
Baby boomers are starting to outgrow their midlife crisis years, and that's bad news for automakers who want to sell sports cars. It was a sign of things to come this month when Ford idled its Mustang plant for a week as sales for the year fell 9 percent.
Chase hikes reserves for auto loan losses 'for the right reasons'Fri, 14, Oct 2016
Analysts raised concerns about an increase in reserves for future auto loan losses at Chase Auto Finance, but the bank said the increase mostly reflects bigger loan and lease volume, and not any particular increase in risk, even as the U.S. new-vehicle market peaks.
VW suppliers keen to avoid disputes despite price squeezeWed, 19, Oct 2016
Volkswagen suppliers seem keen to avoid more disputes with the company even as they face growing pressure from the automaker to accept price cuts in the wake of its diesel-emissions scandal.
In 2016, you need fleet to beat the marketMon, 17, Oct 2016
How to raise your U.S. market share in 2016? It's simple -- you have to turbocharge fleet sales. In fact, that may be the only way in an increasingly competitive market that has hit a plateau after six years of growth.
Every brand wants piece of the action in AmericaMon, 17, Oct 2016
Think the U.S. market is competitive now? With sales at historic highs, a number of overseas makers are seeking to set up shop in a landscape known to be hostile to newcomers.
New vision helps Prius bounce backSun, 16, Oct 2016
Toyota had high hopes when it brought the Prius to Mexico in 2010. After an initial flop, those hopes are finally being realized, thanks to a lower price and shrewd marketing.
Acura is still awaiting halo effect from NSXSat, 15, Oct 2016
Acura has long hoped that having a 573-hp awd hybrid supercar might help put an exclamation point on the rest of the brand's performance chops and, in turn, sell more vehicles. That hasn't happened yet.
Volvo owner Geely prepares launch of new car brandFri, 14, Oct 2016
Chinese automaker Geely is set to launch a new car brand - Lynk & Co - on Oct. 20 using a platform developed with Volvo, sources said. The brand's cars are expected to go on sale first in China and later in Europe and the U.S.
Customers want direct salesMon, 17, Oct 2016
Customers want to be able to buy directly from manufacturers.
Stocks larger than normal on Oct. 1Mon, 17, Oct 2016
Automakers started October with larger-than-normal vehicle stocks after U.S. light-vehicle sales fell 0.7 percent in September.
Europe car sales grow 7%; VW fails to stem declineFri, 14, Oct 2016
New-car sales in Europe grew by 7.3 percent in September with most major automakers except PSA Group gaining volume. VW Group, racked by diesel-emissions violations, continued to lose market share.