CarMax is furloughing about15,500 employees, effective April 18, while also slashing executive pay and other costs.The cutbacks come as about half the company's 217 U.S. stores are ether closed or...
Here For America, a coalition representing the U.S. operations of international automakers and original equipment suppliers, has named policy veteran Jennifer Safavian its first CEO, effectively immediately. Safavian previously was...
Toyota initially announced plans to resume operations as early as March 25 but has now pushed back its planned restart date three times. The company is joining Japanese peers Honda...
The Trailhawk trim, with its off-road tires and red-painted tow hooks, is the Jeep fan's jewel of the 2020 Jeep Cherokee lineup. But it isn't the most popular model—that'd be the...
Companies seeking relief funding through the Small Business Administration's new loan program will receive their loans within the next week or so, Treasury Secretary Steven Mnuchin said Wednesday.Lenders began processing...
Efficiency is one of the six key criteria of our Truck of the Year and other Of The Year awards, and the 2019 Ram 1500's long list of efficiency-enhancing hardware...
Payouts to shareholders have drawn elevated public scrutiny during a time when governments and central banks are mustering unprecedented financial aid packages to prevent economic collapse. The outbreak has ground...
In the movie business, it's rare that a sequel outawesomes the original, but that doesn't stop studios from trying (and trying and trying). Although retreads have become big business in...
Some consumers in Wuhan are now even more willing to buy a car than before the virus crisis, as they see personal vehicles as safer than public transport, said Pan...
The Nissan Rogue has been the automaker's bread-and-butter model in the U.S. for years, having surpassed the Altima sedan as the brand's bestseller in 2016. It hasn't been challenged as...
Subscribe to our mailing list and get interesting stuff and updates to your email inbox.