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Tesla Motors Inc., the world’s best-performing automotive stock this year, will join the Nasdaq-100 Index next week, filling the spot vacated by Oracle Corp., which is moving to the New York Stock Exchange.

The electric-car maker will be added to the gauge, which tracks the biggest companies on the Nasdaq, before the start of trading on July 15, Nasdaq OMX Group Inc. said in a statement Monday. Oracle, which last month said it will join the NYSE, is the biggest company to jump between the competing exchanges.

Shares of Tesla, the carmaker headed by billionaire Elon Musk, have more than tripled this year as the popularity of its new Model S sedan helped the company turn its first quarterly profit. Gaining entry to benchmarks tracked by investors is attractive to public companies because it provides a guaranteed shareholder base.

“It’s a coming of age, recognition [...]

The Toyota Camry and the Honda Civic, the top-selling mid-size and compact cars in the U.S., face risks of reduced production as inventories of the models rise, an RBC Capital Markets report said.

Toyota’s Camry exceeded its seasonal historical average inventory by more than 15 days supply in June and Honda carried about 25 days more Civics than usual, Joseph Spak, a New York-based analyst for RBC, said in today’s report. Camry and Civic were the only models identified as at risk for reduced output among 16 of the top-selling vehicles in the U.S. market. General Motors Co., Ford Motor Co. and Chrysler Group LLC all added U.S. market share in the first six months of 2013, the first time that all three gained first-half share in 20 years. Models such as GM’s Chevrolet Cruze compact and Ford’s Fusion mid-size sedan, leading Detroit’s most competitive set [...]

MEET THE OWNER Ronald Denson is the owner of DDG Used Cars.Howard handles vehicle administration, being a lot of primary functions of the vehicle. He also serves as a car sales representative.Alexis is our main customer service point of contact, as she is the face behind the calls and emails.Christian is what we call an extra hand. He is our youngest member on the team and helps with small projects. SEARCH OUR INVENTORY

WHAT CAN WE DO FOR YOU? H ere at DDG Cars we are active and ready to help service our customers. A car is a known essential and we want to be sure there are accessible and affordable cars without the hassle. We have financing options that will help eliminate the barrier of funds, as we are concrete in standing as a reliable company. THINGS TO CONSIDER Fully responsive and ready to serve.A variety of car make & models.Financing options available.Fully backed by our dedicated support team Highlight Your Featured Services We help you pinpoint the perfect car that suits both your personality and your pockets.We are also in the business of purchasing cars. Let us know what you're working with and we'll see if we can make a cool exchange.

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Easily Layout Your Detailed Services I think we've made it clear that we sell cars! The real wonder is why us? Here at DDG we value every single car within our inventory. We ensure the cars are equipped to get you exactly where you need to go. With in house help, we make sure the car i [...]

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Fiat today exercised an option to raise its stake in Chrysler by 3.3 percent.

The move is part of CEO Sergio Marchionne’s step-by-step purchases intended to lead to full control of Chrysler and the creation of a merged company that would be able to compete better with industry leaders Toyota, General Motors and Volkswagen.

Fiat has been exercising options since mid-2012 to buy holdings of about 3.3 percent from the VEBA, a medical-benefits trust for the U.S. carmaker’s retirees.

Including today’s purchase, Fiat has exercised three of its six-monthly options, increasing its stake to 68.49 percent.

Fiat has said it wants full control of Chrysler, which would give it access to some of Chrysler’s cash flow for investments in new models.

Chrysler has become Fiat’s most reliable profit generator as the Italian company struggles to end losses in Europe that totaled 704 million euros ($903 million) [...]