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Car Collection Sets Auction Record of $67 Million
8/14/2015An unidentified owner sold 22 of 25 vehicles offered for auction this week for a combined $67 million, marking the largest amount raised from a single owner's collection.
Misrouted Wiring Triggers Recall of 73,000 Chevy Cobalts
8/14/2015General Motors Co. is recalling more than 73,400 2010-model Chevrolet Cobalt cars in the U.S. and Canada to fix faulty wiring that can prevent a driver's side-airbag from deploying during a crash.
VW to Recall 420,000 Cars in U.S. to Fix Airbag Flaw
8/14/2015Volkswagen AG is preparing to recall about 420,000 sedans, hatchbacks and crossovers in the U.S. to remedy a defect that could prevent the driver airbag from deploying when it should.
Lincoln Concept Offers 30 Ways to Flex Your Seat
8/14/2015Ford Motor Co.'s Lincoln unit has developed a new concept car seat that can be adjusted 30 ways to help maximize comfort, support and personalization.
GM Ups Patents for Telematics, Self-Driving Vehicle Technologies
8/14/2015General Motors Co. received 228 worldwide patents for telematics-related technologies from 2009 to 2013, according to Thomson Reuters.
Ford F-150 Wins Lightweighting Award
8/14/2015The 2015 Ford F-150 pickup truck beat 16 other nominees to win this year's Altair Enlighten Award for its use of lightweight materials.
Tesla Plans Stock Sale to Raise $643 Million
8/14/2015Tesla Motors Inc. intends to raise $643 million by selling 2.7 million shares at $242 per share.
Infiniti Gives Q70 Sedan the Premium Treatment
8/14/2015Nissan Motor Co.'s Infiniti unit took the wraps off its Q70 Premium Select Edition midsize sedan at this week's Pebble Beach Concours d'Elegance in California. 2016 Infiniti Premium Select Exterior styling upgrades include a new deck lid spoiler, a black insert in the rear bumper and an assortment of dark chrome trim.
Researchers Reveal Security Flaw in Widely Used Keyless Entry System
8/14/2015Computer researchers in Europe have released details of a security weakness in keyless entry systems used by several carmakers.
Porsche Board Cleared in VW Stock Probe
8/14/2015Porsche SE confirms that prosecutors in Germany won't charge its board and Chairman Wolfgang Porsche with participating in a failed bid to take control of Volkswagen AG.