BMW’s Profitability Hits Lowest Since 2010 Amid Tech Rivalry

BMW AG reported its weakest profitability since 2010, capping a negative year for Chief Executive Officer Harald Krueger after the luxury-car marque lost its crown to arch-rival Mercedes-Benz. Amid higher spending on battery-powered and autonomous-driving technologies, BMW’s automotive profit margin narrowed to 8.9 percent in 2016 from 9.2 percent a year earlier, according to a statement on Thursday.

Ferrari $308,000 Flagship Sells Out Amid Push Beyond Sports Cars

Ferrari NV unveiled the speediest production car in its history, underscoring its reputation for uncompromising performance even as the Italian manufacturer pushes the limit of how many autos it can sell without losing its allure. The 812 Superfast debuted at the Geneva International Motor Show on Tuesday with a 12-cylinder, 800-horsepower engine that accelerates to 100 kilometers per hour in as little as 2.9 seconds, making it Ferrari’s most powerful production model ever.

Here are the 10 best cars of 2017

This week, Consumer Reports released its latest list of the top cars on sale in the US. The venerable consumer publication picked out 10 cars – all representing different segments of the auto market – for its Top Picks list.

Here are the 10 best cars of 2017

This week, Consumer Reports released its latest list of the top cars on sale in the US. The venerable consumer publication picked out 10 cars – all representing different segments of the auto market – for its Top Picks list.

Tesla Model 3 on Track as Musk Posts Narrower Quarterly Loss

Tesla Inc. posted a narrower quarterly loss than estimated and said the much-anticipated Model 3 electric sedan remains on schedule, as Chief Executive Officer Elon Musk closes in on his pursuit of more mainstream car buyers. The electric-car maker expects to deliver as many as 50,000 vehicles in the first half of the year and still sees Model 3 production starting in July, according to a letter to shareholders Wednesday.

Tesla Model 3: How Many Will Be Delivered In 2017?

But the big mystery is how Tesla’s Model 3 production ramp-up will look — and thus Model 3 deliveries. While investors may not get a very specific answer, management’s guidance range for total vehicle sales will likely provide some useful insight into Tesla’s outlook for the highly anticipated, lower-cost vehicle.

Detroit Automakers Slip Amid a Slight January Sales Slowdown

Auto industry sales volume slipped 1.9% year over year in January, from 1.16 million light vehicles sold during January 2016 to 1.14 million last month. On the bright side, January’s seasonally adjusted annualized sales rate of 17.57 million outpaced Wall Street’s consensus forecast of 17.3 million, even if it was slightly below last year’s 17.62 million result.

Nissan recalls Altima; door may open if window rolled down

The company is recalling nearly 363,000 of the midsize cars worldwide from the 2015 through 2017 model years because the doors might open if a rear window is lowered. Documents posted Friday by the National Highway Traffic Safety Administration show that the latch and lock cable in the doors may not have been routed properly at the factory.

The Toyota Camry is Getting a Facelift.

CEO Akio Toyoda unveiled the company’s plans to soup up the Camry. Listen to this segment from Industry Focus: Industrials to hear what will change with the midsize sedan and why Toyota seems to be focusing so much effort on this model.

Volkswagen surpasses Toyota in 2016 sales

Toyota has relinquished the title of the world’s biggest automaker, reporting Monday that it sold 10.175 million vehicles worldwide in 2016, fewer than Volkswagen’s 10.31 million. Toyota has relinquished the title of the world’s biggest automaker, reporting Monday that it sold 10.175 million vehicles worldwide in 2016, fewer than Volkswagen’s 10.31 million.

Toyota Loses Top Global Automaker Crown Amid Trump Pressures on Trade

Toyota Motor has lost its position as the top global seller of cars to rival Volkswagen , but such figures may now be the least of its worries for Japan’s biggest company as it mulls whether to appease or defy U.S. President Donald Trump’s protectionist trade policy. The maker of the Prius and Corolla models said Monday its global vehicle sales rose 0.2% year on year to 10.175 million units.

VW Shrugs Off Scandal Woes as 2016 Deliveries Rise to Record

Volkswagen AG delivered more cars and trucks than ever before, shrugging off the emissions-cheating scandal by wooing more customers in China. The German manufacturer, which vies with Toyota Motor Corp. for the title of the world’s biggest automaker, posted a 3.8 percent rise in sales to 10.3 million vehicles in 2016, the Wolfsburg-based company said in a statement.

Detroit Wants Something From Trump in Exchange for Those Tweets

The way Bill Ford tells it, you’d think he and Donald Trump are like two old buddies chitchatting all the time about cars, economics and taxes. “When needed, I can always get to him or he calls me,” Ford, the chairman of Ford Motor Co., said in an interview Monday at the North American International Auto Show in Detroit.

Detroit auto show: Google, Camry and the shadow of Trump

Detroit Mayor Mike Duggan, center, and North American International Auto Show Chairman Sam Slaughter, right, are given a tour of the Mopar area from Ron Stallworth, left, of Fiat Chrysler Automobiles, Friday, Jan. 6, 2017, in Detroit. The show opens to the media on Monday, Jan. 9 and to the public on Jan. 14. less Detroit Mayor Mike Duggan, center, and North American International Auto Show Chairman Sam Slaughter, right, are given a tour of the Mopar area from Ron Stallworth, left, of Fiat Chrysler Automobiles, Friday, … more The Ford display is seen at the 2017 North American International Auto show, Friday, Jan. 6, 2017, in Detroit.

Amazon’s Alexa is officially coming to Ford cars

Ford has teamed up with Amazon to bring Alexa into its cars, the automaker announced at a press dinner at the Consumer Electronics Show in Las Vegas on Wednesday. The integration will let Ford users with SYNC 3 access Alexa, Amazon’s cloud-based voice service, inside the car to do things like check the weather, play audiobooks, add items to shopping lists, and even control Alexa enabled smart home devices.

Tesla Raises U.K. Prices After Brexit Vote

One of the world’s most devoted gearhead clubs is about to get a little pricier in the U.K. as a result of the country’s vote to leave the European Union. Tesla Motors will increase prices in the U.K. by 5% in 2017, a move attributed to the falling pound and described as “due to currency fluctuations,” a company spokeswoman said.

TheStreet’s Top Muscle Car of 2016 Is a 707-Horsepower Animal That Will Stop Your Heart

The qualifications for TheStreet ‘s “Top Muscle Car of 2016” were absurdly simple — one, is the car stupid fast and two does it borderline frighten you to death with the gas pedal pressed to the floor? After all, those emotions are what defines driving a piece of American muscle, no? Suffice it to say TheStreet’s hands-down winner this year was the Dodge Challenger Hellcat, which we had the awesome pleasure of driving around for several days. Runner up was the Dodge Charger Scat Pack .