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...

  • What You Never Knew About Today’s Subprime Auto Loans

    By Carrick Mollenkamp, Reuters

    At car dealers across the United States, loans to subprime borrowers are surging, up 18 percent in 2012 from a year earlier, to 6.6 million borrowers, according to credit-reporting agency Equifax Inc...

  • Are Electric Cars Running Out of Juice Again?

    By Reuters

    Recent moves by Japan's two largest automakers suggest that the electric car, after more than 100 years of development and several brief revivals, still is not ready for prime time and may never be...

  • GM Loses Car Sales Crown to Toyota

    By Reuters

    Toyota Motor Corp regained the crown as the world's top selling automaker in 2012, posting record-high sales and beating rivals General Motors and Volkswagen.

  • Why Americans Still Don’t Drive Electric Cars

    By Julie Halpert, The Fiscal Times

    Even with generous tax breaks for electric vehicles and a push from the Obama administration, sales for electric cars are stubbornly low. What will it take to get America driving electric?

  • Detroit Auto Show: Sportscars Are Hot, Electric Is Not

    By Reuters

    The message from automotive CEOs at the opening of this year's Detroit auto show is deceptively simple: Sportscars are hot, electrics are not.