More Skunks and Skeletons at Hertz
Hertz shares were down nearly 10% in response to a myriad of problems that have accumulated since its announcement that financial statements for the past two years will have to be corrected.
Cars and Drivers
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Newest first · Page 241A New Way to Find Out If Your Car Has Been Recalled
ThinkstockThe National Highway Traffic Safety Administration (NHTSA) on Wednesday unveiled a new website that will allow car buyers, owners and lessees to check to see if their vehicle has had a recall notice issued…
Sonic Automotive Takes on CarMax
New and used car retailer Sonic Automotive announced Monday morning that it plans to open the first of a chain of used-vehicle stores under the name of EchoPark in Denver later this year.
Volvo to Launch Car to Compete With BMW
Volvo has been back from the dead more than once. Its current resurrection may happen under new parent Zhejiang Geely Holding. The Swedish car company has a long way to go, particularly in the United…
Tesla Warns Warranty Will Hurt Earnings
Tesla Motors Inc.Tesla Motors Inc. (NASDAQ: TSLA) did something good for customers that will be bad for investors. Like many other successful companies that put customers first, Tesla management has to hope that strong…
Elio Has Only 26,000 Orders for Its Cars
Elio, which claims it has introduced a revolutionary lightweight, high-gas mileage, inexpensive car, has a problem. Orders for the vehicle are barely above 26,000 (26,896 as of August 10) just two weeks before its…
Labor Day Car Deals Off to an Early Start
courtesy of General MotorsThe Labor Day holiday is still two weeks away, but that is not interfering with automakers’ plans to clear out this year’s models to make way for the new 2015 versions.…
As Tesla Chases Ford and GM Values, Analyst Keep Cheering
courtesy of Tesla MotorsTesla Motors Inc. (NASDAQ: TSLA) has long been a controversial stock. It has made many investors rich now with ten-fold gains, and the stock has destroyed short sellers. While we recently…
Can the Charger Hellcat Help Dodge’s Troubled Sales?
Fiat ChryslerSales of Chrysler’s Dodge division have been stagnant and particularly poor compared to those of parent company Chrysler. Dodge sales have been depressed by sales of its cars, while van and SUV activity…
Best Car Deals for the Month of August
courtesy of Fiat SpAThe editors at Kelley Blue Book (KBB) have put together a list of the best lease and purchase deals available for the month of August. There are five significant cash-back offers…
Does Volkswagen Even Care About US Sales Any More?
Volkswagen Group of AmericaFor the first seven months of 2014, Volkswagen AG’s U.S. passenger car sales fell by 13.6% year-over-year. Globally, however, the company reported Tuesday morning that passenger car sales were up 3.8%…
Will Forced Price Cuts Affect Tata’s Luxury Car Sales in China?
Jaguar Land Rover - Tata Motors Inc.India’s Tata Motors Ltd. (NYSE: TTM) posted a solid earnings beat on Monday and the company’s stock rose 7.5%. Tata’s sales in its home country have been lagging,…
Consumer Reports On Tesla Model S–“more than its share of problems”
Consumer Reports, which had earlier given the Tesla ((NASDAQ: TSLA) Model S perfect marks, was highly critical of the model in a recent report about one of the Model S cars it has owned…
Why Analysts Keep Chasing Tesla Higher
Tesla Motors Inc.Tesla Motors Inc. (NASDAQ: TSLA) has been upgraded by several analysts of late. Deutsche Bank upgraded the stock on Monday on the heels of a very positive analyst initiation from Pacific Crest…
Volkswagen Issues Two Recalls for More Than 200,000 Vehicles
Volkswagen Group of AmericaVolkswagen AG issued a recall notice on Saturday for more than 189,000 Tiguan compact SUVs sold in the U.S. and Canada to fix an engine stalling problem. The recall follows by…