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...
A federal appeals court in California ruled that CarMax's component inspection checklist violates a state statue that requires dealers to provide consumers a 'completed inspection report' prior to the sale of any certified used vehicle.
A construction firm working on Faraday Future's $1 billion Nevada factory has warned the electric-car startup that it could face a work stoppage over millions of dollars in unpaid bills, raising questions about Faraday's financial condition.
Tesla Motors is planning to roll out a ride services program and will announce details next year, the luxury electric vehicle maker said on its website, a service first outlined by CEO Elon Musk in his master plan in July.
Subaru, in a sign of ongoing weakness in the U.S. car market, is pricing the redesigned 2017 Impreza sedan and five-door just $100 above the outgoing 2016 model, despite a larger footprint and additional safety and communications equipment.
Dana, the longtime supplier of various drivetrain components, today reported net income of $57 million in the third quarter, down 52 percent from the year-earlier period as sales from its commercial-vehicle units fell again.
Group 1 Automotive's net income fell 22 percent in the third quarter to $35.4 million, hurt by sales weakness in energy-dependent markets and soft sales in the U.K. following the Brexit vote to leave the European Union.