Cars
  • How Automakers Are Propping Up Used Car Prices

    By Nick Carey, Reuters

    Two lanes apart at a noisy, fast-paced auto auction near Detroit, two vehicles show why major U.S. automakers have a problem with used cars. In one lane of the Manheim auction facility, a black 2015...

  • FILE PHOTO --  A Tesla Model X is photographed alongside a Model S at a Tesla electric car dealership in Sydney

    In the Electric Car Market, Tesla's Not The Only Game in Town

    By Nick Cunningham, Oilprice.com

    Volvo became the first major auto company to announce the phase out of the internal-combustion engine from its lineup. The Chinese-owned Swedish car company announced on July 5 that every car it...

  • FILE PHOTO: Volvo logo is seen at the 2017 New York International Auto Show in New York

    Here’s the Strategy Behind Volvo’s Big Move Into Electric Cars

    By Niklas Pollard, Reuters

    All Volvo car models launched after 2019 will be electric or hybrids, making it the first major traditional automaker to set a date for phasing out vehicles powered solely by the internal combustion...

  • An overall view of the assembly line where the BMW X4 is made at the BMW manufacturing plant in Spartanburg, South Carolina March 28, 2014. REUTERS/Chris Keane

    Bad News for Automakers: The Average US Household Can't Afford a New Car

    By Sarah O'Brien, CNBC

    As wages stagnate and the cost of living continues to rise, paying for a new car is a challenge for consumers, according to a new study. The report by Bankrate.com shows that in all but one of the 25...

  • Assembly workers work on the underside of 2015 Ford Mustang vehicles on the production line at the Ford Motor Flat Rock Assembly Plant in Flat Rock, Michigan, August 20, 2015.  REUTERS/Rebecca Cook

    Why Your Next Ford Could Be Made in China

    By Paul Lienert and David Shepardson, Reuters

    Ford Motor Co ( F.N ) said Tuesday it will move some production of its Focus small car to China and import the vehicles to the United States in a long-term bet on low oil prices and stable U.S.-China...

  • At GM, Heads Roll As Company Works to Make Amends

    By Cnbc Staff, CNBC

    General Motors said Thursday it will launch a compensation program for crash victims as a result of faulty ignition switches linked to at least 13 deaths that prompted a recall of 2.6 million cars...

  • General Motors

    GM Messes Up Again

    By Marilyn W. Thompson and Paul Lienert, Reuters

    General Motors on Tuesday apologized to families of accident victims who have been notified to bring in cars for replacement of defective ignition switches. "We are deeply sorry to those families who...

  • GM Car Defects May Have Led to More Deaths

    By Ryan McNeill and Paul Lienert, Reuters

    At least 74 people have died in General Motors cars in accidents with some key similarities to those that GM has linked to 13 deaths involving defective ignition switches, a Reuters analysis of...

  • Google’s Driverless Car: A Chauffeur for Bad Drivers

    By Phil LeBeau, CNBC

    Look past the fact Google 's new prototype car doesn't have a steering wheel or gas and brake pedals. Get over the gee-whiz fascination that people could soon be riding in driverless cars. Instead,...

  • Traffic Jams

    The High Cost of Your Daily Commute

    By Chris Taylor, Reuters

    Kay Phillips has been dreading this moment for a very long time. The 59-year-old from Elon, North Carolina, has often wondered how much her commute cost her over the years. She decided to sit down...