Sales of cars slowed in March while light truck sales continued to rise, perhaps because low-wage earners in the U.S. are seeing stagnant wage growth and they tend to be the buyers of smalle... Read more

Used car retailer Carvana, which sells its vehicles using huge vending machines, has filed for an IPO but the filing reveals the company is operating at a loss and faces challenges to become... Read more

The average price of a new car in March rose 1.7 percent compared to the same month in 2016 to $34,342, but full-size truck prices are down two percent and transaction prices for subcompact... Read more