Cars and Drivers

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GM Joins Growing List of Carmakers Going Electric

GM said this morning that the company plans to introduce at least 20 new all-electric vehicles by 2023. The company's share price hit a new 52-week high after the announcement.

Paul Ausick · 9 years ago

CarGurus Announces Potential Pricing for IPO

Online automotive marketplace CarGurus expects to price more than 9 million shares to result in an initial public offering valued up to around $162 million.

Chris Lange · 9 years ago

A Quarter of Vehicles Sold by CarMax Have Safety Defects

According to a recent survey by consumer watchdog groups, one in four vehicles at used car seller CarMax lots have at least one unrepaired safety defect for which a manufacturer's recall has been issued.

Paul Ausick · 9 years ago

VW Boosts US Warranty, Adds $2.9 Billion to Diesel Cheating Costs

Volkswagen of American announced a new six-year/72,000-mile warranty for most new 2018 models sold in the United States. Unfortunately, the company also announced an additional $2.9 billion in charges related to the diesel cheating…

Paul Ausick · 9 years ago

10 Fastest-Selling Used Cars

The used car market is hot and prices for used vehicles are rising as demand outstrips supply. Here are the 10 fastest selling used cars on the market and you better hurry if you…

Paul Ausick · 9 years ago

Bernstein Analyst Sees Tesla Stock Plunge

An analyst at Bernstein has reiterated a price target on Tesla stock that is 23% below Tuesday's closing price. And its not just because the company has not posted a profit or burned through…

Paul Ausick · 9 years ago