Asbury Q3 net income jumps 57%Auto News

Net income at Asbury Automotive Group Inc. jumped 57 percent to $51.1 million in the third quarter, boosted largely by a gain on divestitures. Asbury CEO Craig Monaghan described the quarter as 'another record.'

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Ferrari faithful drive IPO stock price after $893 million raised Auto News

Ferrari priced its initial public offering at the top of expectations, raising $893 million, as drivers enamored with the luxury sports car maker snapped up its shares alongside institutional investors, defying a choppy market.

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Lexus LS concept to bring 'progressive luxury'Auto News

Lexus said it plans to use next week's Tokyo Motor Show to unveil a concept LS full-size sedan.

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L.A. show to feature 30 global new-vehicle debuts, technology expoAuto News

Promising equal parts traffic, sunshine, new cars and technology, next month's 2015 L.A. Auto Show will feature 30 global new-vehicle debuts, organizers said today.

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Lithia reports 26 percent net income gain in Q3Auto News

Lithia Motors reported that its third-quarter net income increased 26 percent to $43.4 million compared with the year-ago quarter. Revenue rose 61 percent to $2.1 billion on double-digit revenue increases in all areas of operations.

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L.A. show to feature 50 new-vehicle debuts, technology expoAuto News

Promising equal parts traffic, sunshine, new cars and technology, the 2015 L.A. Auto Show will feature over 50 new vehicle debuts this November, organizers said today.

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GM's Q3 operating profit jumps 37% to $3.1 billionAuto News

General Motors rode stout third-quarter truck sales in North America and a resilient China business to its biggest quarterly pretax operating profit since its 2009 bankruptcy, even as charges related to last year's ignition-switch recall dented its...

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GM's Q3 operating profit jumps 37% to $1.4 billionAuto News

General Motors rode stout third-quarter truck sales in North America and a resilient China business to its biggest quarterly pretax operating profit since its 2009 bankruptcy, even as charges related to last year's ignition-switch recall dented its...

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Honda plans to market partial self-driving car in 2020Auto News

Honda said it plans to sell a car with automated highway driving functions around 2020, joining the race to market self-driving vehicles that pits traditional automakers against tech firms like Google.

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U.S. regulators warn against Republican auto safety proposalsAuto News

Republican proposals to improve U.S.

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Stanford goes 'Back to the Future' with a self-driving DeLoreanAuto News

On the eve of what has become known as 'Back to the Future Day,' Stanford University researchers unveiled a self-driving DeLorean that can burn rubber under robot control, suggesting the future might not be so dismal after all.

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Ferrari faithful drive IPO price to top of rangeAuto News

Ferrari priced its initial public offering at the top of expectations, raising $893 million, as drivers enamored with the luxury sports car maker snapped up its shares alongside institutional investors, defying a choppy market.

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GM appoints outside lawyers to top litigation, federal oversight postsAuto News

General Motors appointed two more outsiders to top leadership posts within its legal department, after last year's firing of several high-ranking lawyers implicated in the company's ignition switch scandal.

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GM, LG form broad partnership for Bolt EVAuto News

General Motors has forged a broad partnership with LG for the development of the Chevrolet Bolt electric vehicle, sourcing everything from battery cells and electric motors to the infotainment system from the Korean company.

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A Downshift in Reliability (10/20/15)

Consumer Reports: New transmissions causing downshift in reliability; Another win for Lexus; VW...
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Ferrari's shares won't come cheap or easily as expected IPO price risesAuto News

Demand could outstrip supply on Ferrari's initial public stock offering later today, and the shares may price at the top of an indicated range of $48-52 per share, people close to the matter said.

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Acura, Cadillac fall the most in Consumer Reports' Reliability SurveyAuto News

New transmission systems designed to boost fuel economy and infotainment proved troublesome for the auto industry this year, with Acura and Cadillac taking the biggest falls in Consumer Reports' 2015 Annual Auto Reliability Survey.

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Ford Expedition redesigned, slimmed down for 2018Auto News

A camouflaged, full-sized Ford-badged SUV spotted recently in Dearborn, Mich., near Ford's product development center, offers the best view yet of the redesigned aluminum-bodied Expedition, due out as a 2018 model.

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GMC preps upscale Canyon Denali, spy photos showAuto News

GMC has been testing a Denali version of its Canyon midsize pickup. As with other Denali models, the honeycomb appearance of the camouflaged Canyon replaces the standard GMC face, a three-bar, horizontal layout, spy photo show.

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Ford general counsel, European manufacturing chief retiring amid executive shuffleAuto News

Ford's general counsel and head of European manufacturing are retiring at the end of the year, part of a series of management changes the automaker announced today.

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