Heightened price competition and dwindling new car sales have luxury dealers turning to the used car market where there's new financial opportunity.
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In Carvana's most recent quarterly earnings call, CEO Ernie Garcia said the company more than tripled its customer-sourced car volume in 2018, but still lags behind the industry leader.
Continue Reading the above article 'Carvana encounters same hurdle as dealers...
The U.S. Department of Transportation will award as much as $60 million in grants this spring to communities seeking to demonstrate automated-driving systems. The applicants include a number of smaller communities.
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Tesla will bid farewell to longtime directors and reduce the size of its 11-member board to nine as the automaker ushers in a new era of corporate governance.
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Audi's hopes the Marvel collaboration will boost audience engagement and socialize the Audi e-tron crossover.
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BMW said it monitored reports from the field and found "several field incidents" involving 2006 3-series vehicles, so the company added them to a November 2017 recall.
Continue Reading the above article 'BMW adds 185,000 units to recall over engine fire ...
VW and Nissan are among the automakers increasingly counting on Chinese government tax cuts to stimulate demand and help boost the world's biggest auto market.
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Infiniti's head of design, Canadian Karim Habib, says the center of the rear seat in EVs “can become just as valuable” as the space on its sides.
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The callback, covering 2013-2016 models with automatic transmissions, addresses a defect that could prevent drivers from shifting into park.
Continue Reading the above article 'FCA recalls 320,000 Dodge Darts that could roll aw...
German startup Sono is teaming up with National Electric Vehicle Sweden to build the first series production solar -powered electric car at Saab's former plant in Sweden.
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