In cars, is used always less? Used-car prices in the United States are soaring, creating a wacky situation for many models in which buying new costs about the same or even less than buying used. Read more on The News & Observer [Continue]

Toyota Says Tesla Partnership Key to Strategy for Developing Advanced Cars Toyota Motor Corp. ’s partnership with electric carmaker Tesla Motors Inc. is the first of more such potential alliances Toyota wants to pursue in advanced auto technologies, President Akio Toyoda said. Read more on Bloomberg [Continue]

BMW 1M Is The New 1 Series M Coupe # newcars The new BMW 1 Series M Coupe will not be called the M1. According to BMW’s Dr. Kay Segler “BMW M1 is a name with powerful historical associations…so our new model will be called the BMW 1 Series M Coupé.” More » Read [Continue]

Mazda, BMW cars probed WASHINGTON – MORE than 342,000 cars made by Mazda Motor Corp and Bayerische Motoren Werke AG are under investigation by the U.S. auto safety regulator for possible steering defects that could lead to loss of vehicle control. Read more on AsiaOne [Continue]

Volkswagen CEO: 3.5 Million Cars Sold Globally In 1st Half; +15% On Year Volkswagen CEO: 3.5 Million Cars Sold Globally In 1st Half; +15% On Year Read more on FOX Business [Continue]