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So much for even cheaper gas!
World oil prices have charged higher this week, breaking back above the psychological barrier of $50 a barrel for the first time since July.
U.S. crude futures were trading two percent higher at $50.50 early on Friday.
German police raided the headquarters of Volkswagen on Thursday as part of an investigation into the automaker's diesel emissions scandal.
State prosecutors and police searched Volkswagen's offices in Wolfsburg in a bid to secure documents and databas...
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Volkswagen's U.S. boss blamed unnamed engineers at the company for the deceptive software that cheated emissions testing, and denied that anyone in senior management made a decision to break the law.
"This was not a corporate decision. To my best know...
A recent AAA survey revealed 35% of drivers skipped or delayed service or repairs that were recommended by a mechanic or listed in the vehicle's factory maintenance manual.
The Volkswagen emissions cheating scandal is about to take center stage before lawmakers on Capitol Hill.
Michael Horn, the head of Volkswagen in the U.S., will field questions Thursday from lawmakers demanding answers.
A House committee will also hear...
ISIS Photos 6/9/15 via CNN
The U.S. Treasury is seeking information from Toyota about how ISIS has gotten hold of the automaker's trucks, which have been shown in the terror group's propaganda videos.
In a statement, Toyota said it is part of a broader U.S. Treasury inquiry loo...
Volkswagen plans to recall 11 million vehicles worldwide to fix the faulty emissions software.
Bill Pugliano/Getty Images
The United Auto Workers union bargaining committee reached a tentative agreement with Fiat Chrysler on Wednesday. The last-minute deal, at least for now, averts a strike by 40,000 workers.
The agreement "addresses our members' principal concerns about...
A first-of-its-kind driving simulator offers young drivers a chance to test their skills before getting behind the wheel of a real car.
Justin Sullivan/Getty Images
Volkswagen will have to make massive savings to cope with the huge cost of its emissions cheating scandal.
Fiat Chrysler Automobiles
The United Auto Workers union is prepared to strike Fiat Chrysler at 11:59 p.m. Wednesday, the union told the automaker Tuesday.
Car sales are expected to hit a record high this year. Many people are taking out 6 or 7 or even 8-year loans to keep their payments low. Consumer Reports shows why extended loans aren’t a good deal.
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