Tesla to limit color, wheel size on early Model 3 sales Auto News

Buyers of Tesla's Model 3 will get to choose between just two colors and two wheel sizes under a configuration policy that will let the company quickly ramp up production of the mass-market electric vehicle, CEO Elon Musk told investors Tuesday.

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Carvana Q1 net loss surges on expansion outlaysAuto News

Carvana, in its first quarterly report as a publicly traded company, reported a sharply wider loss on costs related to its expansion even as revenue surged.

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GM Shareholders Nix Stock Split (6/6/17)

GM shareholders nix stock split; Lyft, NuTonomy to bring self-driving taxis to Boston; GMC launches...
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Hyundai U.S. sales chief Hatami is outAuto News

Derrick Hatami is leaving his job as U.S. sales chief at Hyundai Motor America, following a tough sales month for the Korean automaker.

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Uber fires more than 20 employees in harassment probe, report saysAuto News

Uber told employees that more than 20 people have been fired after a company investigation into sexual harassment claims, a person familiar with the matter told Bloomberg.

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Covisint to be acquired by Canadian software company for $103 millionAuto News

Canadian software company OpenText said it is acquiring Covisint -- an information technology supplier with deep automotive roots -- in a transaction valued at $103 million.

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GM shareholders reject Greenlight stock splitAuto News

Greenlight Capital's proposal to split General Motors' stock was overwhelmingly rejected by the automaker's shareholders. GM's board nominees also were elected with 84-99 percent of the votes cast.

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GMC launches ad campaign with 'Like a Pro' tag lineAuto News

GMC is trying to make more of an emotional appeal to consumers by launching an ad campaign that focuses on its buyers' lives with their vehicles, using the tag line "Like a Pro."

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Carvana: Cars in vending machines, a fading IPO and an ex-con behind themAuto News

Who wants to buy a used car from a vending machine? Investors will get some answers on Tuesday when Carvana releases its first earnings report since going public.

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Lyft, Nutonomy partner to offer autonomous rides in Boston Auto News

Ride-hailing company Lyft will soon begin picking up customers in self-driving cars in Boston, when it begins working through a research partnership with autonomous vehicle startup NuTonomy.

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