CarMax stock falls 24% as CEO steps down, used car retailer releases weak outlook
A CarMax dealership in Santa Rosa, California, on April 11, 2023.Justin Sullivan | Getty ImagesDETROIT – Shares of CarMax Inc....
Autos
Lucid misses Wall Street expectations, narrows production guidance
Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom in San Francisco on May 24,...
Tesla teaser video sparks speculation of long-awaited Roadster or mass market model
Elon Musk, CEO of SpaceX and Tesla, attends the Viva Technology conference at the Porte de Versailles exhibition center in...
Detroit auto stocks jump on report of tariff relief for U.S. vehicles
GM Hummer EV production in Detroit.Photo by Jeffrey Sauger for General MotorsDETROIT — Shares of the Detroit automakers closed higher...
Tesla, GM lead record U.S. EV sales this year as federal incentives end
DETROIT – Tesla and General Motors are leading the U.S. automotive industry this year in record domestic sales of all-electric...
Record EV sales lead GM, Ford to 8% increases in Q3 U.S. auto sales
Ford Mustang Mach-E and F-150 Lightning on display at the New York International Auto Show on March 28, 2024.Danielle DeVries |...
Ford CEO Jim Farley eyes further improvements after five years of ‘surprises,’ including investor returns
Jim Farley, president and chief executive officer of Ford Motor Co., at Ford Pro Accelerate in Detroit, Michigan, US, on...
Ford CEO expects EV sales to be cut in half after end of tax credits
Ford Motor Company CEO Jim Farley speaks at a Ford Pro Accelerate event on September 30, 2025 in Detroit, Michigan....
Hertz will let customers do almost entire car buying process online
Rental company Hertz said Tuesday it is updating its online shopping website to allow customers to secure financing, get a...
What's the 'natural demand' for EVs in the U.S.? We're about to find out
A view of Cadillac Escalade IQ Sport 2 at Electrify Expo San Francisco, the largest electric vehicles (EV) event in...
Britain pledges $2 billion loan guarantee for Jaguar Land Rover
Brand new Range Rovers are parked outside a Jaguar Land Rover car dealership on May 8, 2025 in Taunton, England....
U.S. expands tariff dragnet to masks, syringes and robotics in sweeping import probe
A Fanuc robotic arm moves bins of products during a media tour of the Amazon.com Inc. DAB2 fulfillment center in...
CarMax stock plummets 20% following 'challenging' quarter
A sign is posted in front of a CarMax dealership on April 10, 2025 in Santa Rosa, California. Justin Sullivan |...
New car sales get surprising boost, for now, as consumers fear tariffs and higher prices
GMC SUVs parked outside a GMC Buick dealership in Edmonton, Alberta, Canada, on March 22, 2025. Artur Widak | Nurphoto...
Ford offers special financing to riskier F-150 buyers with lower credit scores
Ford-150 pickup trucks are displayed for sale at a dealership on March 24, 2025 in Austin, Texas. Brandon Bell | Getty...
Hyundai adjusts full-year forecast, citing tariffs, ahead of investor day
NEW YORK – Hyundai Motor is increasing its revenue expectations for this year, despite ongoing U.S. tariffs causing the automaker...
Tesla's stock erases loss for the year, soaring 85% from April low
Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed |...
'Underwater' car trade-ins are at a 4-year high: What that means when buying a new vehicle
Maskot | Maskot | Getty ImagesMore drivers across the country are "underwater" or "upside down" on their auto loans —...
Chinese EV players take fight to legacy European automakers on their home turf
Xpeng CEO He Xiaopeng speaks to reporters at the electric carmaker's stand at the IAA auto show in Munich, Germany...
Ram cancels plans for all-electric pickup truck
Stellantis' Ram 1500 Revolution battery-electric concept pickup truck is introduced during a keynote address by Stellantis CEO Carlos Tavaras during...
