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Tesla reported net income of $312 million for the third quarter, its first GAAP profit in two […] -
Poor results in China and other overseas markets contributed to a 37 percent drop in third-quarter net […]Ford posts 37% earnings decline on China challenges, retreats on profit margin goal
Auto October 24, 2018 -
Lithia reported net income of $93.1 million in the third quarter, a 79 percent increase over last […]Lithia boosts Q3 net income, revenue as it cuts underperforming stores
Auto October 24, 2018 -
GM’s Cruise self-driving car unit has landed $5 billion in commitments from SoftBank and Honda to develop […]GM's driverless car bet is hitting speed bumps, missing milestones, report says
Auto October 24, 2018 -
The Detroit 3 and Tesla were at the bottom half of Consumer Reports’ 2018 Auto Reliability Survey. […]Domestic brands languish in Consumer Reports' latest vehicle reliability survey
Auto October 24, 2018 -
Through Daimler Financial Services’ investment in Soul Machines, a developer of emotional intelligence for use in machines […]Why Daimler Financial is experimenting with avatars
Auto October 24, 2018 -
The new factory aims to manufacture Model 3 and Model Y cars, with annual capacity of 250,000 […]Tesla's Shanghai factory to produce 2 models in first phase
Auto October 24, 2018 -
Some dealerships are relying on DealerPolicy, a digital insurance platform that allows customers to compare quotes for […]Dealers use app to help customers save on auto insurance
Auto October 24, 2018 -
Ally Financial has axed its pilot of Clearmatch — a digital service designed to approve customers for […]Why Ally Financial ditched the Clearmatch pilot
Auto October 24, 2018 -
As interest rates continue to climb, car buyers are taking notice. And many of them are objecting […]Dealers grapple with buyers' interest rate expectations
Auto October 24, 2018 -
Volvo, which has aggressive plans to electrify its lineup starting next year, has acquired a stake in […]Why Volvo is investing in this California EV charging firm
Auto October 24, 2018 -
Autonomous vehicle manufacturers need a better yardstick to show that their products are safe, said Derek Kan, […]Self-driving car industry needs better metrics, DOT official says
Auto October 24, 2018