Autos Cars: Interesting Car Stories from CNBC

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Here is the latest in Car News from CNBC.

GM buys self-driving car software company
The Detroit-based manufacturer declined to say how much it paid for the startup, reports USA Today.

Seinfeld Porsches hit bumpy road at auction
Jerry Seinfeld faced a tough crowd while putting up 18 of his prized cars for auction Friday.

New NYC buses to feature free Wi-Fi, USB ports
The Metropolitan Transportation Authority will add around 2,000 fancy new buses to its fleet in the next five years.

Chevy’s new take on the Camaro
Two new versions of the latest Camaro are rolling into Chevy dealerships this spring.

Honda to compensate dealers for losses over recalls
Honda will compensate U.S. dealers for costs of vehicles they can’t sell because of the massive recall linked to potentially faulty air bag inflators.

CEO of Volkswagen’s American unit to depart
Volkswagen announced Wednesday that Michael Horn, chief executive of Volkswagen Group of America, will leave the position.

Most and least expensive states for car insurance
The best and worst places to find affordable auto insurance.

US subpoenas VW under bank fraud law: Report
The U.S. Justice Department sent German automaker Volkswagen AG a subpoena under a bank fraud law in its diesel emissions probe.

Allianz plans to sue Volkswagen over share price drop
If successful, the lawsuit would add to financial pressures on VW that its chief executive said on Tuesday would be “substantial and painful”.

Volkswagen inquiry raises number of suspects to 17
German prosecutors expanded their investigation of Volkswagen, adding new 11 suspects, The New York Times reports.

There’s no green kudos for owning a Tesla here
A Tesla won’t get you green kudos in Singapore, where an emissions surcharge slapped on a Model S has caught the attention of Elon Musk.

Is it time to think twice about driverless cars?
The newly unveiled Vision Next 100 is BMW’s take on what the autonomous cars may look like. NBC News reports.

Hacking a connected car is this easy
Is technological innovation making your car more vulnerable?

France opens Volkswagen emissions scandal probe
France has opened a formal investigation into suspected “aggravated fraud” by Volkswagen following revelations it rigged diesel emissions tests.

These motorists got ‘rickrolled’ by fake tickets
Motorists in North Carolina got a surprise from a popular Internet prank when they found parking tickets on their cars.

SCOTUS rejects appeal in Batmobile copyright case
The Supreme Court is staying out of a copyright dispute involving a man who produced replicas of the Batmobile.

Gas prices jump by 7 cents over past 2 weeks
The average price of gasoline has jumped by 7 cents over the past two weeks, to $1.84 a gallon.

This will completely change travel by 2020
Shervin Pishevar, co-founder and chairman of Hyperloop, says the technology is ready.

Ford moves up production on another new Mustang
Production for the latest Ford Mustang has been pushed up two years, reports Mashable.

Investing in collectibles? Last year’s best bet
Classic cars were the best-performing collectible investment in 2015, easily racing past art, wine, diamonds and other big-ticket assets.

US investigates 420,000 Ford F-150s for brake failure
The U.S. is investigating complaints that the brakes can fail on Ford’s F-150 pickup truck, one of the most popular vehicles in the nation.

Cadillac dares to reach a younger consumer
Cadillac’s newest ad campaign features spokespeople between 15 to 25 in order to make the brand more youthful.

VW to pay staff bonuses for 2015 despite scandal
Volkswagen will pay employees a bonus for 2015, despite the scandal over defeat devices.

San Francisco owes Steve Jobs $174
San Francisco owes $6.1 million to drivers because of overpayment and duplicate payments between 1995 and 2012, including the late Steve Jobs.

BofA revs up on auto loans — despite warning signs
Bank of America is making a big push into auto lending just as regulators are sending warning signals as losses from auto loans are rising.

Another record high for the auto industry
Americans are setting a record when it comes to how they’re paying for their new vehicles.

Toyota adds 356K cars to global Takata recalls
Toyota Motor said on Wednesday that it is expanding its recall of cars with Takata air bags by 356,000.

Citron exec: This is Tesla’s biggest problem
Shares of Tesla Motors will have a hard time going higher because of this, Citron’s Andrew Left says.

AAA: 75% of drivers wouldn’t feel safe in this car
Some 75 percent of drivers say they would be afraid to be driven by an autonomous vehicle, according to a recent survey by the AAA.

Top cars from the 2016 Geneva Motor Show
As the 86th Geneva International Motor Show kicks off, CNBC takes a look at some of the top new cars which have already been unveiled.

Tesla shares slide as Citron reveals short
Tesla Motors shares dropped Tuesday as Citron Research revealed a short position in the electric automaker’s stock.

Got a spare couple million? Try the new supercars
The world’s most elite automakers unveiled their latest productions ahead of Switzerland’s Geneva Auto Show.

Ford pedaling bicycle technology

Fiat Chrysler February US sales rise 12%
Fiat Chrysler Automobiles February U.S. auto sales rose 12 percent as the carmaker again showed strong Jeep SUV and Ram truck sales.

Will VW’s supercars leave Diesel-gate in the dust?
The VW naysayers are turning a blind eye to the impressive line-up of new super- and hyper-cars debuting in Geneva.

Car giants battle emissions scandal
Daimler sticks to the rules governing emissions levels for its cars, the company’s chief executive said, stressing the scandal has not impacted sales so far.

Google’s crashed, what’s next for self-driving cars
After logging many miles in autonomous-drive mode, one of Google’s self-driving cars has finally been the cause of an accident.

VW is a healthy firm financially: CEO
Volkswagen’s CEO, Matthias Müller, discusses the company’s investment strategies and why some projects may be postponed.

Google reprograms driverless car after accident
One of Alphabet’s Google self-driving cars struck a municipal bus in a minor crash on Feb. 14 in Mountain View, California.

Federal-Mogul shares soar 40% after Icahn makes bid
The billionaire’s company offered to buy the 18 percent of auto parts maker Federal-Mogul that it does not already own for about $213 million.

Start-ups aim to change how you buy a car
Silicon Valley start-ups are getting in on the business of car sales.

Evenflo recalls over 56,000 child seats
Evenflo is recalling over 56,000 child safety seats after consumer feedback showed children could loosen the harness.

Ford recalls 51K Transit wagons for seat belt defect
Ford Motor is recalling 51,470 Transit wagons in North American because the rear seat belts may not latch properly.

2 deaths, Canadian probe cause Toyota SUV recall
A global recall of nearly 2.9M Toyota SUVs was prompted by a Canadian investigation into a crash that killed two people.

Most/least expensive cars to insure in 2016
Speed versus safety — not sticker price — shape these vehicles’ premium rates, an annual Insure.com study reveals.

Drivers fed up with less reliable vehicles
Car owners are saying many of their vehicles’ high-tech features fail to work on a regular basis.

How to upgrade your car by WiFi
Driverless and connected cars will be “modular”, allowing drivers to replace parts and upgrade software to keep the vehicle up-to-date.

Peugeot Citroen overhaul accelerates
Carmaker reaches its mid-term targets ahead of schedule, helped by cost cuts, price increases and a recovery in European demand.

Volvo to ditch physical car keys starting in 2017
Volvo plans to start selling cars without keys beginning in 2017, using smartphones as replacements, USA Today reports.

Right turn ahead? Whatever you say, Morgan Freeman
The navigation app Waze is giving users the option to get turn-by-turn directions from Morgan Freeman.

Subaru surges, Jeep stumbles in annual auto report
Subaru climbed to second place in Consumer Reports’ 2016 Brand Report Card.

Why the auto sector needn’t fear ride-sharing apps
A new study by Boston Consulting Group says the car-share industry will have a limited impact on vehicle sales over the next five years.

Visa wants your car to become your credit card
Visa showed off a concept app that will let drivers pay for fuel and parking without leaving their car at Mobile World Congress in Barcelona on Monday.

You could soon stream 4K VR movies to your car
Industry leaders predict that passengers in driverless cars will able to stream ultra-HD video to their VR headsets thanks to 5G mobile internet.

No more road rage? Ford tech to help you in a jam
Ford will triple its investment in semi-autonomous driving technology, chief executive Mark Fields announced on Monday.

Maserati enters crowded luxury SUV market
Maserati unveils the first official images of the Levante, a luxury SUV it plans to start selling this summer.

India’s Tata Motors renames Zica car
India’s Tata Motors said on Monday it has renamed its Zica hatchback as Tiago, after the outbreak of the Zika virus.

Up to 90M more Takata airbags may face recalls
Regulators are examining whether an additional 70 million to 90 million Takata airbag inflators should be recalled because they may endanger drivers.

James Bond’s favorite car goes electric
The manufacturer struck a deal with China’s LeEco to make an electric version of the luxury car by 2018. NBCNews reports.

Daimler slams US emissions suit as unfounded
Caramker says it saw as unfounded a US class action suit on claims of excessive nitrogen oxide emissions levels as unfounded.

Mazda recalls 1.9M vehicles over Takata airbags
Mazda has recalled vehicles globally over airbags manufactured by Takata, expanding a global recall of potentially faulty airbag inflators.

Could VW face another round of penalties?
Volkswagen internal memos suggest that executives pursued a strategy of delay and obfuscation with US regulators, the NYT reports.

And the most ticketed car is…
The top 20 vehicles by rank/make and model that received the most amount of tickets based on an Insurance.com survey.

Toyota recalling 2.9M vehicles over seatbelt issue
Toyota said it is recalling 2.87 million vehicles due to the possibility that their seatbelts could be damaged in the event of a crash.

Test drives whet appetite of Model X believers
Test drives help Tesla convert Model X reservations into orders, which will be critical for the company’s production.

This Tesla Model S will cost you $499*
Radio Flyer, the company behind the iconic red wagon, is producing another cherry-red ride for children: the Tesla Model S.

Bond’s ‘Spectre’ Aston Martin on sale for $1.5M+
James Bond fans should head to London for a one-off chance to grab a slice of the super-spy’s lifestyle.

GM recalls 200,000 cars for Takata air bag trouble
GM is recalling about 200,000 Saab and Saturn cars in the U.S. and Canada to replace the Takata driver’s air bag inflators.

Inside Daytona 500 Speedway’s $400M facelift
CNBC takes you inside the new and improved Daytona International Speedway after its $400 million face-lift.

Takata hid findings, ex-worker testifies
Takata altered its test data to hide the failures from Honda and a senior executive ordered evidence be discarded, the New York Times reports.

The next Tesla? Dubuc preps crowdfunded car
A new electricity-powered high performance vehicle is on the horizon, but it’s not from the company you might expect.

Google on hiring spree at driverless car unit
Google is boosting hiring for its self-driving car project as it looks to accelerate the drive to bring the vehicles to market.

New models lift Renault profit despite Russia writedown
Full-year profit increases by almost 50 percent on strong sales of new models, Lada-maker AvtoVAZ division hit by Russian car market slump.

How to get the new $35,000 Tesla Model 3
Tesla’s entry-level $35,000 Model 3 electric car will be available for preorder on March 31, Elon Musk says on Twitter.

Tesla shares pop 10% despite big Q4 loss
The electric automaker reported a fourth-quarter loss of 87 cents per share, but its shares got a boost from delivery guidance.

4 trades to watch as auto stocks slide
Despite a solid month of auto sales in January, “Fast Money” traders shied away from carmaker stocks like General Motors and Ford.

Carmaker forced to rebrand car because of Zika
The rapidly spreading Zika virus has not only become an international public health threat, it has also foxed one India’s largest automakers.

Musk denies ‘super-rude’ client his Tesla
One Tesla customer got his order personally cancelled by chief executive Elon Musk after the company was slammed in a blog post.

GM North America Q4 profit tops estimates
GM rode sales of SUVs and pickup trucks to a record profit in 2015, and the automaker reaffirmed its expectation to do better this year.

Ford Europe chief: ‘Hundreds’ to take redundancy
Ford ‘s president for EMEA told CNBC he expects “hundreds” of its approximately 10,000 salaried employees to take voluntary redundancy.

Toyota strikes deal to settle loan bias case
Federal regulators: Toyota dealerships charged black and Asian borrowers higher interest rates than non-white borrowers.

Is this Europe’s most expensive classic car?
A classic 1957 Ferrari is set to become the most expensive car to sell at a European auction this Friday.

Are warning lights flashing for auto profits?
Despite record profits, strong profit margins and sales that show no sign of slowing down, auto stocks are tumbling.

Honda recalls 1.7M vehicles for Takata air bags
Honda is recalling 1.7 million new and used vehicles for issues related to Takata air bags.

Toyota pulls the plug on this small car brand
Toyota said it will wind down its Scion brand in the U.S., ending an effort to create small cars aimed at young buyers.

Continental recalls 5M vehicles for air bags
Continental Automotive Systems is recalling 5 million Honda, Fiat Chrysler, and other vehicles to replace air bag control units.

Seeing ‘huge momentum’ for Daimler: Chairman
“I’m seeing a huge momentum for our company which we believe will continue in 2016”, Daimler’s chairman said.

Op-ed: Five secrets to Uber’s success
An Uber full of puppies! And other lessons start-ups can learn from Uber’s success.

Op-Ed: Politicians are wrong about Latinos
Politicians are wrong. Latinos are increasingly powering growth in the U.S., says Sol Trujillo.

Obama’s $10 oil tax would cost drivers
The cost of President Obama’s $10 oil tax proposal would likely be passed along to consumers, analysts told USA Today.

Bridgestone-Firestone recalls over 36K tires
Bridgestone-Firestone recalled 36,000 truck tires after an “unusual” number of warranty returns.

Most expensive car ever auctioned? It depends
Due to a quirk in auction locations and currency exchange rates, the title for the most expensive car ever auctioned is in dispute.

How to stop a car without getting run over
A team of eight rugby players were able to stop a fully powered Red Bull Formula One car. The physics prove it to be true.

Ford to move production to Mexico: Report
Ford will construct a new assembly plant in Mexico and ramp up output from that country, the Wall Street Journal reports.

NFL’s Beckham helps Buick grab Super Bowl glory
Buick is hoping to catch a Super Bowl ad win with its first-ever big game commercial.

Feds find Fiat Chrysler gear shifters confusing
Investigators have determined that electronic gear shifters in some newer Fiat Chrysler SUVs and cars are confusing.

Average US gas price falls 8.2 cents in two weeks
The average price of a gallon of gasoline in the U.S. fell 8.2 cents in the past two weeks, according to a survey.

Here’s who bought that $35.7M Ferrari: Sources
A real estate developer bought the 1957 Ferrari that sold for more than $35 million, according to people familiar with the sale.

Ferrari unveils four-wheel drive supercar
Ferrari on Monday released the first images of the GTC4Lussoa, a new 12-cylinder monster that could help the company’s margins.

Mid-life crisis? Consider a motorbike
The trend of middle-age men spending cash on motorbikes isn’t likely to end, Matt Levatich, CEO of Harley-Davidson told CNBC.

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