Used Car

CarMax Runs Into Tougher Competition From New Cars

CarMax Inc. (NYSE: KMX) reported second-quarter fiscal 2015 results before markets opened Tuesday. The used-car retailer posted quarterly adjusted diluted earnings per share (EPS) of $0.64 on revenues of $3.60 ...
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Why Is Ford Discounting the F-Series?

Ford Motor Co.'s (NYSE: F) best-selling vehicle, the F-Series pickup, gets star billing at the car maker's website. According to the number two U.S. car and light truck manufacturer, the ...
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States Where You Can’t Buy a Tesla

Every one of the 50 U.S. states has laws that govern the relationship between automakers and auto dealers and other types of franchise operations. Among other things, state franchise laws ...
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Tesla charging station

States Where You Can’t Charge a Tesla

Most of the public battle over Tesla Motors Inc.'s (NASDAQ: TSLA) ability to sell and service its cars is whether dealers, state by state, can keep Tesla out of their ...
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GM Recalls 221,000 Cadillac Models, Adds to Problems

A problem with parking brakes in 221,000 Cadillac cars has caused General Motors Co. (NYSE: GM) to recall them. The flaw can cause brakes to overheat. That, in turn, might ...
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Tesla’s Risky Over-the-Air Software Program

Add to the innovations made by electric car manufacture Tesla a new one. Drivers of the Tesla Motors Inc. (NASDAQ: TSLA) flagship Model S will be able to get software ...
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August Car Sales Dropped 9.4% in Japan

August automobile sales in Japan fell 9.4% year-over-year, but remain higher year to date by the same amount. Through the first 8 months of 2014 sales totaled 3.79 million units. ...
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Los Angeles

MIT App Would Help Cars Avoid Traffic Jams

MIT (Massachusetts Institute of Technology) researchers claim they have built a system that could help cars avoid traffic jams. The project, which created the service is called "RoadRunner," was introduced ...
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GM Europe Sales Drop Sharply in August

The General Motors Co. (NYSE: GM) sales train wreck in Europe continued in August, which means the company may post another loss in the region for 2014 after decades of ...
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Chevy Pushes 24-Hour Online Buying Service

Chevy thinks it can sell more cars and light trucks if consumers can buy them 24 hours a day. Whether the nocturnal crowd can help boost sales is too early ...
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Ferrari 458 italia

How Ferrari Fits Into the Plan for Fiat Chrysler IPO

Luca Cordero di Montezemolo, chairman of iconic Italian automaker Ferrari, will leave his job on October 13, the day that the combination of Fiat and Chrysler is expected to begin ...
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Chevy Vehicles Get 4G Wi-Fi: Is It Dangerous?

General Motors Co. (GM: NYSE) division Chevrolet claims that it has made 4G Wi-Fi available across several of its model lines. The offering may spur demand, but it also may ...
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2015 Corvette Z06

GM Stops Sales of Hot-Selling Corvette

Sales of the new Chevrolet Corvette have been one of the few bright spots for General Motors Co. (NYSE: GM). That star has dimmed a little following a stop-delivery order ...
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Collapsing Russian Car Sales Hit GM, Ford, Toyota, VW

The last time we looked at sales of cars and light commercial vehicles in Russia, the situation was bad and headed toward being worse. In the three months since our ...
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Can Tesla Deliver 35,000 Cars This Year?

Lost in the news about Tesla Motors Inc. (NASDAQ: TSLA) building a gigafactory in Nevada, and the Nevada legislature's approval of $1.25 billion in tax abatements, is the question of ...
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