Cars

Tesla Inc. on Wednesday posted a second-consecutive record quarterly profit, earning $1.62 billion in the third quarter despite the ongoing global semiconductor shortage and other supply-chain challenges. Revenue jumped 57...

DETROIT — NBA legend Isiah Thomas believes hemp can be a key piece in helping auto manufacturers and other industries reduce their carbon footprints. Thomas, the former Detroit Pistons star,...

NHTSA in August opened a formal safety probe into Tesla's Autopilot system in 765,000 U.S. vehicles after a series of crashes involving Tesla models and emergency vehicles. Cummings has repeatedly...

Lithia Motors Inc.'s revenue hit a third-quarter record, driven largely by increased new- and used-vehicle sales, higher average vehicle selling prices and strong gross profit per vehicle. Net income totaled...

Tesla is the fastest-growing brand of 2021, with an unprecedented 184 percent increase in brand value, according to a new report from an influential advertising industry consultancy. According to Interbrand’s...

According to an estimate by AutoForecast Solutions LLC, automakers have cut more than 9.6 million vehicles from their production schedules due to the chip shortage this year. LMC Automotive said...

Volkswagen Group is ready to team up with peers and technology companies to boost the scale, speed and savings on software development as companies including Tesla and Intel have left...

Electric-car startup Fisker will develop two new, high-end, low-volume models, CEO Henrik Fisker said. The models will slot above the upcoming Ocean SUV and the automaker's second car, a mass-market...

Shares of Lithia were up 2.7 percent in premarket trading Wednesday to $347.84. Q3 revenue: $6.17 billion, up 70 percent from a year earlier Q3 net income: $307.9 million, up...

Asbury Automotive Group Inc. has acquired Kahlo Chrysler-Dodge-Jeep-Ram in Noblesville, Ind., north of Indianapolis, the auto retailer said in a LinkedIn post. The dealership, which was owned by the Kahlo...