TrueCar raises $70 million in IPOAuto News

TrueCar raised $70 million in its initial public offering, pricing the shares below the marketed range. The company sold 7.78 million shares for $9 each, according to data compiled by Bloomberg, after offering them for $12 to $14 apiece.



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Regulator request delays Outlander plug-in launchAuto News

Mitsubishi says a new kink is delaying the launch of its Outlander plug-in hybrid in the United States until late 2015 or early 2016, even as it aims to more than double sales elsewhere this year.



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$60,000 Kia K900 made for 'confident individualists,' says VPAuto News

Kia is taking the slow and steady approach to its freshly launched K900 luxury sedan.



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Tesla catches break as Missouri puts direct-sale ban on holdAuto News

The fate of Tesla Motors' retail strategy in Missouri is on hold after state legislators scrapped a vote on a bill that would have prevented the company from selling directly to consumers.



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Cadillac prices ATS coupe from $38,990Auto News

The 2015 Cadillac ATS coupe, which goes on sale by the end of the summer, will start at $38,990, including the $995 destination fee, General Motors said today.



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Mitsubishi delays Outlander plug-in launchAuto News

Mitsubishi says a new kink is delaying the launch of its Outlander plug-in hybrid in the United States until late 2015 or early 2016, even as it aims to more than double sales elsewhere this year.



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GM Tackles Unresolved Flaws (5/15/14)

'We wanted to resolve matters in front of us,' safety czar says; BMW's defense strategy; Toyota's...

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Auto supplier wins U.S. court appeal over health insurer for hidden feesAuto News

A Michigan auto supplier won a federal court appeal over a health insurer in a $6 million dispute over hidden fees charged to self-insured clients.



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Musk sees need for many 'gigafactories' for battery demand Auto News

Tesla Motors CEO Elon Musk said the need for lower-cost batteries for autos and power storage means there will need to be hundreds of 'gigafactories' like the one the carmaker is planning to build.



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GM recalls 2.7 million U.S. vehicles for issues including brake lights, brakes, wipersAuto News

GM is recalling 2.7 million cars and trucks in the United States for problems ranging from flawed brake lights and windshield wipers to brake problems, an escalation of the safety crisis that has enveloped the company for months.



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GM recalls 2.7 million U.S. vehicles for issues including taillamps, brakes, wipersAuto News

General Motors is recalling 2.7 million cars and trucks for problems ranging from flawed taillamps and windshield wipers to brake problems, an escalation of the safety crisis that has enveloped the company for months.



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Toyota move could generate $7.2 billion in 10 years for Texas economy, analysis findsAuto News

Toyota's relocation of its United States headquarters to Plano, Texas, may bring $7.2 billion of economic activity to the area over 10 years, according to an analysis for the city.



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BMW sees 2014 as year of growth opportunities for auto industryAuto News

BMW Group expects global demand for cars to rise this year, underpinning its goal to sell a record number of vehicles in 2014.



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BMW may build Minis in Mexico, report saysAuto News

BMW Group may build Minis alongside BMW 3-series and 1-series cars at a new plant in Mexico, a German newspaper reported.



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Airbags are safer than ever -- except when they don't deployAuto News

When Ford recalled 600,000 SUVs last week, it became the fourth carmaker this year to acknowledge an issue with malfunctioning airbags. So far in 2014, automakers in the United States have recalled about 6.



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