Fiat Chrysler hastens recalls after Anton Yelchin’s death

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Here is the latest Auto News from CNBC.

Fiat Chrysler hastens recalls after Anton Yelchin’s death
Fiat Chrysler is learning that one celebrity’s death can turn a seemingly routine recall into a corporate crisis, the NYT reports.

Crash tests show danger for front-seat passengers in some SUVs
New tests show a passenger in the front seat during serious collisions may not be as well-protected the driver.

Elon Musk: SolarCity acquisition could push Tesla’s valuation to $1 trillion
The Tesla CEO said that the SolarCity deal could help push the electric automaker’s valuation to $1 trillion.

Tesla-SolarCity deal makes sense, two experts say
Tesla’s bid for SolarCity sent the electric carmarker’s shares down, but two experts explain why the deal would work.

Elon buying Elon: Sounds a lot like the premise of a video game
Tesla buying SolarCity sounds nuts, unless you believe that games and life are indistinguishable.

Diesel cars are more polluting below 18C: Report
Pollution from many popular diesel cars is much worse when it is colder than 18 degrees Celsius, according to new research reported by the BBC.

Your teenager got a license? Get ready for insurance cost shock!
The top most- and least-expensive auto-insurance rate increases, by state, for parents adding a teen to a policy.

Tesla shares crater as Wall Street reacts to bid for SolarCity
Shares of Tesla Motors tumbled after the company proposed to buy out SolarCity for about $2.8 billion.

CarMax’s results signal banks may have a subprime auto loan problem
Piper Jaffray says auto subprime loan deterioration will be bad for banks.

‘Star Trek’ actor’s death prompts new calls for auto recall fix
Anton Yelchin’s fatal accident involving a recalled Jeep Grand Cherokee is renewing safety advocates’ calls.

Tesla investors say SolarCity deal far from a ‘no-brainer,’ will magnify losses
As Tesla CEO Elon Musk pitched Wall Street on his proposed acquisition of SolarCity, analysts weren’t convinced.

VW says it did not violate capital market disclosure rules
Volkswagen has not violated disclosure rules, management board member Christine Hohmann-Dennhardt told shareholders.

Jim Chanos shreds ‘shameful’ Tesla-SolarCity deal
High-profile investment manager Jim Chanos blasted Tesla’s proposed acquisition of SolarCity on Wednesday.

Kia just accomplished something no automaker has done in 27 years
Kia lands at the top of J.D. Power’s survey of new model reliability. It’s the first nonluxury brand to do so since 1989.

Faraday gets the green light to test self-driving cars on California roads
Faraday Future won approval to test its prototype self-driving electric cars in California.

Bid for SolarCity may mean Elon Musk doesn’t see Tesla as an auto company
There have been signs that CEO Elon Musk intends to do more with Tesla, says one trader.

Tesla’s vision for the future is ‘blindingly obvious’ to Elon Musk
Tesla CEO Elon Musk shared his vision of building a highly integrated, sustainable energy company on Tuesday.

How an amateur launched a million-dollar racing league with $500 clunkers
24 Hours of Le Mans is one of the world’s most prestigious races. 24 Hours of LeMons is not.

CarMax stock dips after weak quarterly report
CarMax shares dropped nearly 4 percent on Tuesday after the company posted its first-quarter results.

Careem, a Middle East Uber rival, calls its drivers ‘captains’. Here’s why
Careem, a Middle East ride hailing app, calls its drivers “captains”, underlining the company’s focus on understanding its local markets.

Why Uber keeps raising billions
An unspoken strategy behind Uber’s aggressive fund-raising may be an effort to starve its rivals of capital.

A new Silk Road? Hyperloop One eyes a trans-Russia route
Hyperloop One wants to build a new Silk Road to transport cargo at ultra-high speeds between China and the Mediterranean.

Gas prices drop nearly a penny, still average $2.37 a gallon
The average price of gasoline has leveled off to $2.37 for a gallon of regular unleaded.

Tesla Model S ‘swims’ through a flooded tunnel
A Tesla swam past cars in flooded tunnel, challenging the argument that electric cars are subject to more damage.

Nissan to take legal action against Brexit campaign for logo use
Nissan said it would take legal action against the “Vote Leave” campaign after the group used the carmaker’s logo in leaflets.

German prosecutors investigate former Volkswagen CEO over market manipulation
Prosecutors launched a probe against former VW CEO and a senior exec who are suspected of possible market manipulation related to the emissions scandal.

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