Cars

DETROIT — Ford Motor Co. on Wednesday posted second-quarter net income of $561 million, crediting strong demand for helping it stay in the black despite the ongoing global semiconductor shortage and improving its forecast for […]

The auto industry’s tight new-vehicle supplies and strong retail demand could extend almost another year because of ongoing inventory shortages and strong economic conditions, Toyota Motor North America executives said Wednesday. A chronic shortage of […]

Revel’s application had first been rejected in a bid by the city to keep the growing number of cars from ride-sharing apps out of New York’s worsening gridlock.  The for-hire car service universe has become more crowded […]

General Motors will resume full-size pickup production Monday, as planned, after cutting output this week due to the global microchip shortage, the automaker said Wednesday. But six other North American plants will take additional downtime, […]

Sonic Automotive Inc. made its first franchised dealership acquisition in nearly seven years on Monday when it bought two Colorado dealerships. Sonic bought Grand Junction Subaru and Grand Junction Volkswagen in Colorado from Ron Bubar. […]

Tesla Inc. plans to shutter some high-rent showrooms within shopping malls and instead emphasize remote work and cheaper locations, according to a report on the website Electrek. The electric automaker plans to rent spaces in […]

The car alliance was shaken to the core by the 2018 arrest of its leader Carlos Ghosn in Japan on accusations of financial misconduct and embezzlement. His removal brought long-running tensions between the companies into […]