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CNBC: Auto: news on page 3

Avis shares surge after 'double upgrade' from Goldman Sachs

Goldman Sachs analyst David Tamberrino upgrades Avis to buy from sell and hikes his 12-month price target on the stock to $35 from $30.

Tesla's electric vehicle dominance is about to have 'serious competition,' Morgan Stanley says

Morgan Stanley's Adam Jonas says Tesla's control of the electric vehicle market is "unsustainable" and will soon be disrupted by Rivian.

Tesla shares jump after Canaccord Genuity upgrades the stock and predicts 40% rally

Canaccord Genuity upgrades Tesla to buy from hold and raises its 12-month price target to $450 from $330.

Review: The 2019 Ford Edge ST isn't the sporty SUV we wanted it to be

The Ford Edge ST handles fine. It's reasonably quick. There isn't a lot of body roll. But it isn't exciting. It doesn't make rowdy noises. It doesn't beg to be pushed. And it certainly isn't much fun.

One of Tesla's largest investors just increased its stake

Tesla's second-largest shareholder has added to its stake, months after praising the electric car maker.

Your grandfather's Buick is hot in China, but maybe not for long

Buick might have a frumpy image in America, but it is an automotive rock star in China. With rising trade tension, tougher government policy and smarter Chinese automakers, how much longer can the

Amazon just invested in self-driving car company Aurora

Self-driving car start-up Aurora announced on Thursday that it has raised $530 million, some of which is from Amazon.

Ford investing $1 billion, adding jobs at Chicago factories as it makes cuts overseas

The move is part of Ford's overall strategy to beef up production of sport utility vehicles, crossovers, and trucks.

Fiat Chrysler shares plummet 12 percent on weak outlook

Italian-American automaker Fiat Chrysler faces a range of challenges in the first half of 2019.

Volvo Cars feels margin pressure from US-China tariff war

Volvo Cars reported higher full-year revenue on Thursday, but said its profit margins had slipped and were expected to remain under pressure this year.

AAA confirms what electric car owners suspected — cold weather saps EV range

A new AAA study finds that when the thermometer drops to 20 degrees, EV battery range falls by an average of 41 percent on the five models it tested.

Toyota debuts new Tacoma to protect its crown as top midsize pickup from encroaching US rivals

Toyota makes some updates to its best-selling pickup that industry watchers say are much needed as competition heats up.

GM says 'we are already seeing savings from restructuring'

GM expects to pull in about $2 billion-$2.5 billion in 2018 in cost savings in 2019.

GM is going 'all-electric,' but it doesn't expect to make money off EVs until early next decade

GM CEO Mary Barra did not give many further details on the automaker's electric vehicle efforts, including exactly when customers should expect an electric pickup truck.

Mary Barra's turnaround plan for GM already paying off with fourth-quarter earnings beat

"Yes, it was a beat relative to consensus, but we think you have to take this report with a grain of salt," CFRA analyst Garrett Nelson says.

Auto engineers warn your car might be easier to hack than you think

As auto makers roll out ever more sophisticated features to make your daily commute easier, the upgrades are also making your new car more vulnerable to cyberattacks, according to a new report.

GM unveils Chevy Silverado HD as Detroit's Big 3 battle for big profits in big pickups

GM is adding 1,000 jobs to its plant in Flint, Michigan, to help with production of the new Silverado. Many of those jobs will be filled by GM employees working at some of the six plants the company

Lamborghini's new $200,000 SUV boosts automaker's sales by 51 percent in 2018

Lambo's total global sales jumped 51 percent in 2018, with the company delivering 5,750 cars. Much of that gain was from the 1,761 new Uruses delivered to customers during the last half of the year.

Tesla, Jaguar and Nissan EVs lose power in cold temps. Polar vortex left electric car owners in cold

Owners of today's battery electric vehicles found out during last week's cold snap that the range can be impacted by things like terrain, a motorist's driving style and whether you use the heat.

Alexandria Ocasio-Cortez's Green New Deal would reshape US energy in 10 years. A lot could go wrong

Energy and climate analysts warn that by trying to hit mid-century goals in just 10 years, a Green New Deal could have unintended consequences.