Cars

CarMax Inc.’s profit jumped in the fiscal third quarter, partially boosted by a decrease in the corporate tax rate, the company said Friday. The largest used-vehicle retailer in the U.S. also expanded its store count […]

TOKYO — Japanese prosecutors re-arrested Nissan Motor Co.’s former chairman Carlos Ghosn on fresh, more serious allegations of financial misconduct, dealing a blow to the car titan’s efforts to end his month-long stay in jail […]

MEXICO CITY — Nissan Motor Co. said it will lay off about 1,000 workers in Mexico at two factories, citing “challenging market conditions.” The layoffs will hit Nissan’s Cuernavaca and Aguascalientes manufacturing facilities. The company is […]

Fair, a used-vehicle leasing subscription service led by auto retail heavyweights, is the latest company to catch SoftBank Corp.’s eye. The Japanese technology giant led Fair’s latest $385 million funding round, Fair said Thursday. SoftBank […]

The Insurance Institute for Highway Safety (IIHS) has released its list of 57 vehicles that earned 2019 Top Safety Pick or Top Safety Pick+ awards. The agency has begun implementing stricter criteria for the new awards cycle. […]

TORONTO — Canada said on Wednesday it will exclude some imported steel and aluminum from its newest import tariffs and quotas following a request from the construction industry in British Columbia, which depends on imported […]

DETROIT — Cooper-Standard Automotive Inc., which supplies a variety of automotive sealing, hoses and brake and fuel lines, said it will move out of its current headquarters in Novi, Mich., after its new headquarters is completed […]

Xilinx has been selling chips to automakers and major suppliers for more than 12 years, according to the company. It has supplied roughly 55 million devices for use specifically in advanced driver-assist systems. The deal […]

Lexus remained the most-liked brand by dealers in the latest ranking of the National Automobile Dealers Association Dealer Attitude Survey, while Porsche overtook Audi to land in the top five. Lexus sibling Toyota retained the […]

The Ranger is now positioned as a vehicle for buyers who don’t necessarily need to drive a truck every day but are willing to pay a little extra for one that meets their size requirements […]