Tesla may be behind on internal production targets for the new Model 3, but that doesn’t mean Consumer Reports hasn’t predicted its reliability.
New-vehicle dealerships sold about the same number of new vehicles through June this year as they did a year earlier, but dealers are making less money on them, an NADA midyear report says.
Steven Szakaly, chief economist for the National Automobile Dealers Association, is leaving the group early next month to run data analytics and consumer insights for a major health system.
Automakers looking to land top safety accolades should give the same level of attention to both front-passenger safety and the driver’s safety, a leading automotive safety organization said.
Google parent company Alphabet’s investment arm, CapitalG, led a $1 billion investment in Lyft that values the ride-sharing startup at $11 billion, the ride-sharing startup said.
For the fifth year in a row, Toyota and Lexus rank as the top two brands for reliability based on a survey of Consumer Reports subscribers. The rankings of the remaining 25 brands reflect a game of musical chairs, however.
General Motors agreed to pay $120 million to resolve claims from 49 U.S. states and the District of Columbia over faulty ignition switches, state attorneys general said.
Hedge fund manager David Einhorn said he bungled his campaign to get GM to split its stock and conceded he was outmaneuvered by the auto giant.
Ford may be both flush with cash and struggling with its stock price, but new CEO Jim Hackett is in no rush to buy Wall Street’s love.
Toyota is recalling 310,000 Sienna minivans in the U.S. to fix potential problems with shift levers that could cause the vehicle to roll away.