Carmax delays store openings, cuts inventory
Carmax Inc., the largest U.S. retailer of used cars, said on Wednesday it would delay the planned openings of several stores due to a...
Car-buying spurt helps retail sales
Consumers kept spending in August and factories kept producing, but the...
No viable auto industry bailout plan
Democrats in Congress put off a vote on a bailout for crisis-hit "Big Three" auto makers until at least December, and ordered industry chiefs...
European car sales slump as inflation, oil prices rise
New car sales in Europe slumped 7.9 percent in June over one year as mounting inflation and soaring fuel prices spooked buyers, the ACEA...
Ford, Toyota, Chrysler sales drop
Chrysler LLC, Toyota Motor Corp. and Ford Motor Co. each reported...
Obama, Bush discuss world of challenges
US president-elect Barack Obama met President George W. Bush for face-to-face talks at the White House, with help for the ailing US auto industry...
Gas station owners allege price fixing
Nearly two dozen gas station owners in California sued Shell Oil...
J.D. Power and Associates ranks top Enviromental Cars
Fifteen out of 37 automotive brands are represented in the top 30 list of environmentally friendly vehicles, according to the J.D. Power and Associates...
Japan's central bank warns of further risks
Japan's central bank warned Friday Asia's biggest economy may worsen, but it dampened hopes of further interest rate cuts to ease the recession, which...
Big ambitions in Abu Dhabi
The word on the street is that Abu Dhabi is going to build a Formula 1 standard race track as part of the Ferrari...
