Bugatti sells for $1.5M to French Montana
French Montana took to Instagram following his hospital scare in November about the “lil gift he bought himself.”
Avis Budget Group names interim CEO amid search for permanent chief
Prior to his appointment, Joe Ferraro served as the president, Americas, for Avis Budget Group.
Auto sales heading for a record month?
Auto sales for this month are closing in on the record for cars sold in the month of December, Cox Automotive reports.
Tesla secures $1.29 billion loan from Chinese banks for Shanghai factory
Tesla Inc entered into agreements with lenders in China for a secured term loan facility of up to 9 billion yuan ($1.29 billion), according to a regulatory filing on Thursday.
BMW says it's being investigated by U.S. SEC
German automaker BMW AG said on Monday it was being investigated by the U.S. Securities and Exchange Commission.
In win for Uber, Lyft, judge strikes down New York City's cruising cap
A New York state judge on Monday ruled in favor of Uber Technologies Inc and Lyft Inc in a lawsuit against New York City, striking down a new rule limiting how much time drivers for ride-hailing services can spend cruising streets in busy areas of Manhattan without passengers.
Sears sells DieHard brand to Advance Auto for $200 million
Advance Auto Parts said it will sell DieHard auto batteries in its more than 4,800 stores.
NTSB finds excessive speed caused Tesla crash that killed 2
Speed of over a hundred miles per hour on a curve caused a 2018 crash and fire in Florida that killed the teenage driver of a Tesla Model S and a passenger, federal investigators have concluded.
VW to introduce 34 models in 2020 amid electric car push
The automaker is making a big move into the electric vehicle market.
Bojangles' to expand into four more states in deal with Love's Travel Stops
Agreement will put 40 restaurants inside Love's Travel Stops.
Ford to add 3,000 jobs in the Detroit area, invest $1.45B
Hiring will begin next year, automaker says.
Tesla short-sellers licking their wounds
Short-sellers have lost about $1.85 billion betting against Tesla in 2019.
Uber threatens to leave Phoenix airport if city hikes ridesharing fees
Rideshare operators represent 70 percent of the commercial traffic at the airport.
Government investigating Tesla autopilot's role in latest crash
The latest Tesla autopilot crash would be the 12th probed by NHTSA.
Shopping while driving, the new holiday danger
An alarming number of Americans have admitted to holiday shopping while they drive.
China delays tariffs on US autos, other goods in trade deal
Washington has agreed to postpone a planned tariff hike and to cut current tariffs.
Honda preparing to release self-driving car in Japan. Here's how much it costs
The Honda Legend's self driving features will allow the driver to handle other tasks like watching TV.
Lyft launches rental option on app
Lyft Inc on Thursday launched a rental option on its app that will allow certain riders in San Francisco Bay Area and Los Angeles to rent cars, the ride-hailing company said on a blog post.
GM says Cadillac vehicles will be all electric by 2030
Cadillac could continue to offer internal combustion models alongside electric vehicles, president says.
Porsche's electric Taycan draws 30K down payments
Luxury carmaker is facing mounting pressure from Tesla.