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A parking space in Hong Kong has been sold for a record $1.3 million. The price broke the previous high mark by over 30%.

Volkswagen on Sunday said it had reached the broad outlines of a settlement with former boss Martin Winterkorn over his role in the dieselgate scandal, with the final details to be thrashed out over coming days.

The Plaid+, which had a starting price of $149,900 before gas and tax incentives and a range of 520 miles, was supposed to be available starting in mid-2022.

Your car insurance company may cover a rental car while it’s being repaired after an accident. Here’s what you need to know about rental reimbursement coverage.

Henrik Fisker's meeting with Pope Francis to present plans to build an electric Popemobile did not take place in the Vatican as claimed, but in a reception line at an event in Rome.

Shares of General Motors Co.

More than 10,300 electric vehicles were sold last month, with the F-150 PowerBoost and Escape providing the largest boost, the automaker said.

Ford is offering a $1,000 incentive to customers who custom order their vehicles due to delays caused by the semiconductor chip shortage hitting the auto industry. The top-selling F-150 is included in the program.

Honda, Hyundai and Kia all reported record sales months in May as shoppers return to showrooms. Pent-up demand caused by the coronavirus pandemic is not slowing down.

Advance Auto Parts CEO and President Tom Greco said on Wednesday that the global chip shortage “is going to elongate the time” that people get a new vehicle and will lead to more used car sales and an “aging fleet,” which he said is “very good” for his business.

According to a May 27 filing, the electric vehicle manufacturer is looking to introduce restaurant services, pop-up restaurant services, self-service restaurant services and take-out restaurant services.

Recent price increases on the Tesla Model 3 and Model Y are due to parts supply issues, Elon Musk has revealed. The manufacture and delivery of various parts and raw materials have been affected by the coronavirus pandemic.

American tire manufacturer Goodyear Tire & Rubber Co (GT.O) is facing accusations of unpaid wages, unlawful overtime and threats to foreign workers at its Malaysian factory, according to court documents and complaints filed by workers.

The White House on Friday moved to quell concerns of gasoline prices on Memorial Day Weekend surging above $3 per gallon for the first time in seven years.

Memorial Day car deals are harder to find this year, but they are out there. Cash incentives are available on several top models.

The Texas Legislature will not pass a bill to allow Tesla to sell cars directly in the state before it adjourns Sunday until 2023. The automaker is scheduled to begin manufacturing vehicles at its Austin factory by the end of this year.

Social distancing and road trips can go hand-in-hand.