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Ferrari is gearing up to start production on its invite-only supercar known as the Ferrari Sergio, and only six people will be able to buy one.
Tesla Motors unveiled a leasing policy for its new Model S with an option for buyers in the U.S. to return the car within three months of purchase.
With gas prices down, analysts say it will be even more difficult to persuade buyers to opt for vehicles that plug in rather than tank up.
Sales and profits from large SUVs are boosting companies such as General Motors and Ford.
Ford Motor delivered quarterly earnings that surpassed analysts' expectations on Friday, but revenue was light.
U.S. Attorney's office in Manhattan is probing Takata for faulty airbags, according to a Dow Jones report.
IHS Technology tore apart a 2013 Tesla Model S to find out all the components that make the vehicle—the head unit alone holds nearly 5,300 parts.
David Friedman said the agency "greatly" regrets that the information provided in its initial advisory was inaccurate.
General Motors also reported earnings that beat estimates, but the company's revenue fell short of expectations.
A NHTSA spokesperson said a further increase could follow in its massive air bag recall, noting, "The agency has an open investigation going."
GM is notifying owners of some vehicles that passengers should not ride in the front passenger seat until the air bag inflator has been replaced.
The problems for Takata grew after U.S. safety regulators expanded a warning about faulty air bags to 6.1 million vehicles in the United States.
Mark Ellwood of CNBC’s “The Filthy Rich Guide” weighs in on Hong Kong tycoon Stephen Hung’s order of 30 Rolls-Royce Phantoms for his Macau hotel.
Michigan Governor Rick Snyder signed a bill that will keep electric carmaker Tesla Motors from selling its cars directly to consumers in the state.
The German automaker said the two companies would still cooperate on projects.
General Motors is calling for Governor Rick Snyder to sign legislation that would ban the direct sale of automobiles in Michigan.
A star-spangled chopper ridden by Peter Fonda in the film “Easy Rider” sold for $1.35 million, making it one of the most expensive motorcycles ever sold.
Toyota delivered a surprise when it announced plans to give the 2015 Camry an extensive update, showing off its more sculpted and tech-savvy look.
The NHTSA said on Monday that certain car owners should "act immediately" to replace defective Takata airbags, affecting 4.7 million vehicles.
Toyota Motor on Monday recalled 247,000 vehicles in the U.S. because a Takata-made air bag may rupture.