The auto sales landscape is undergoing a seismic shift. In April of last year, CBS Detroit reported that Jonathan Smoke, chief economist at Cox Automotive, says new car sales are increasingly...
Ford posted strong quarterly and full-year revenues on Tuesday, beating analyst expectations—despite reporting a net loss for the October through December period—and announcing ambitious financial targets for 2024.
The automaker earned...
As part of General Motors's (GM) long-term goals to become a leader in electric vehicles, the American automaker will receive cathode materials worth up to $19 billion from South Korea's...
Toyota has announced plans to invest $1.3 billion in its Kentucky facility to build a three-row electric SUV for the U.S. market.
The new investments are part of the automaker's efforts...
The year 2024 has already brought a wave of newly redesigned and innovative vehicles that have taken the automobile industry by storm. Cars.com, a leading automotive website, has recognized the...
For almost a century, Consumer Reports has played a critical role in improving transparency across many industries and guiding buyers to the right products and bands. This is especially true...
Toyota raised its annual earnings forecast for 2023 after besting analyst expectations in the third quarter.
The Japanese automaker generated roughly $11.3 billion in operating profit for the third quarter ending...
Krause Auto Group has acquired three dealerships from Sutherlin Automotive in a landmark deal. The purchase includes Sutherlin Nissan of Fort Myers, Sutherlin Genesis of Fort Myers, and Sutherlin Nissan...
Honda is recalling more than 750,000 vehicles in the U.S. over defective sensors that can cause airbags to deploy when a child or small adult is in the front seat.
According...
U.S. Transportation Secretary Pete Buttigieg issued a warning to drivers on February 5 after a video emerged showing a man driving a Tesla Cybertruck while wearing what appeared to be...