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Big Money Coming to Driverless Cars

Google’s driverless car may look more like a cartoon character than a revolutionary product, but don’t be fooled -- investment in these robotic cars is set to soar.

GM Engineer Questioned on Capitol Hill

A General Motors engineer who is at the center of questions concerning the automaker’s ignition-switch recall recently met with congressional investigators.

GM: Recalled Cars for Are Safe to Drive

A day after the DOT declined to issue a “park it now” request, General Motors reassured owners whose cars were recalled for defective ignition switches that their vehicles are safe to drive.

Tesla Swings to 1Q Loss as Costs Rise

Tesla swung to a loss in the first quarter, but the electric car maker still managed to beat expectations amid higher sales. Shares fell 5.9% to $189.47 in after-hours trading.

GM Plans to Compensate All Ignition-Switch Victims

General Motors plans to compensate all victims who suffered injuries connected to defective ignition switches, regardless of whether the accident occurred before the automaker's 2009 bankruptcy.