Automakers and tech companies fight over smart cars

Mar 14, 2017
Intel announced this week it’s acquiring the Israeli company Mobileye for about $15 billion. The merger is part of the tech giant’s bid to become a leader in developing self-driving vehicles. The convergence of automobiles and technology is making for some interesting deal making, and the ones that stand to gain right now just may […]

GM pulls out of Europe as profits elude

Mar 6, 2017
General Motors is out — of Europe, that is. The carmaker is selling its two European car brands Vauxhall and Opel to a French carmaker called PSA Group, which owns Peugeot and Citroen. GM is selling its European brands for $2 billion and is agreeing to be on the hook for $4 billion in pensions […]

Just how much will that VW recall cost?

Oct 7, 2015
$7.3 billion apparently won't be enough for the recall that may start in January.
 Volkswagen's new boss said the auto giant would need more than a year to fix all its pollution-cheating cars. 
JULIAN STRATENSCHULTE/AFP/Getty Images

These 6 charts show our love affair with cars could be over

Dec 19, 2014
With gas prices down, we're tilting toward bigger cars but still driving less.