Can you keep a ‘secret’? Elon Musk has a new ‘master plan’ coming this week

Volkswagen’s $15 billion settlement will mostly go to fixing or scrapping cars. There was a far better way to spend the cash, says Ion Yadigaroglu.

Don’t drive these cars: 313,000 Hondas need dangerous airbag repair, govt says
More than 300,000 unrepaired recalled Honda vehicles show a substantial risk of ruptures with Takata air bag inflators.

Tesla is giving ‘Golden Tickets’ to Model 3 buyers to attend Gigafactory opening
Tesla sent twelve “Golden Tickets” to holders of Model 3 reservations to attend the Gigafactory opening, Verge Reports.

Cramer: This tech stock is the key to this market
CNBC’s Jim Cramer has seen the future of tech, and it’s all about being the brains behind autos.

3-wheeled motorcycles are the new trend—but are they a good investment?
Three-wheel motorcycles are popping up everywhere and giving hope to struggling manufacturers.

Hertz signs rental deals with Uber and Lyft
Hertz is hoping agreements with Uber and Lyft will help the rental car company squeeze more money out of older cars.

These omnidirectional wheels let you drive your car sideways
William Liddiard, a Canadian inventor, has his own design for omnidirectional wheels. The Verge reports.

People in Austin are replacing Uber and Lyft with…a parking app?
With Uber and Lyft gone, more people in Austin are using a little-known service provided by Luxe. Recode reports.

Americans want tech firms, not automakers, to steer self-driving cars
Americans want self-driving cars, but they don’t want the “brains” of those vehicles to come from automakers, a survey has found.

Intel, Mobileye, BMW to develop driverless cars: Report
BMW AG is the latest automobile company to hop onto the driverless bandwagon, Bloomberg reported.

Beyond Tesla-Solar City, here’s what needs to happen next to solve climate change
With a Tesla-Solar City merger, the potential is tremendous. But it won’t solve climate change in enough time, says Peter Bakker, the president of the World Council for Sustainable Development.

Uber is using its drivers’ phones to keep riders honest and everyone safer
Uber is connected to drivers through a device that can not only track things like speed, but can notify you when you’re doing something wrong.

Investor group calls on Tesla to fix ‘flawed’ board in wake of SolarCity bid
An investor group called on Tesla to add two independent directors to its board and separate the roles of chairman and CEO.

Toyota recalls 482,000 Prius and Lexus vehicles for safety issue
Toyota Motor is conducting a recall of 482,000 cars due to a safety issue.

My Volkswagen is suddenly worth so much more than I expected
One man is taking the cash from his emissions-scandal tainted first car to get another ride.

Lyft hires investment bank Qatalyst Partners: Report
Ride-sharing service Lyft has hired investment bank Qatalyst Partners, The Wall Street Journal reported on Monday.

Meet the 25 year old selling supercars to rich Chinese college kids
Nick Lam is the “go-to guy” for the kids of Chinese millionaires looking to buy supercars while studying in the U.S.

Gearshift involved in death of Star Trek star was associated with 266 crashes
Crashes were reported in cars with confusing gear shifters, like the SUV that killed Star Trek actor Anton Yelchin.

Volkswagen shares rev after officials reach $15 billion emissions settlement
Volkswagen U.S.-listed shares jumped nearly 2 percent after reaching a $15 billion settlement for a diesel engine scandal.

US files Volkswagen settlement, details buybacks
Volkswagen has agreed to a settlement worth more than $15.3 billion, according to a court document and a source briefed on the matter.

SolarCity appoints a two-person committee to decide whether to sell to Tesla
When Elon Musk’s electric car company offers to buy Elon Musk’s solar power company, you better believe things will get complicated.

Embattled Takata CEO says he’ll step down once ‘new regime’ is in place
Takata CEO Shigehisa Takada said on Tuesday he would resign after a “new regime” is found for the auto parts supplier.

Volkswagen US diesel emissions settlement to reach nearly $15B
Volkswagen’s settlement in its diesel emissions scandal could reach $15 billion, sources told Reuters Monday.

Independence Day travel to break record
A record 43 million Americans are expected to travel this Independence Day weekend, according to AAA.

SolarCity recuses two more board members from voting on Tesla offer
Two additional SolarCity board members are recusing themselves from making decisions on Tesla’s offer to buy the company.

These 3 UK business sectors may be hit hard by Brexit
As the world tries to make sense of the U.K.’s historic vote, three sectors could be especially hard hit.

Face it: You’re a worse driver than an autonomous car
Self-driving cars may have bugs but they don’t get distracted like humans, says IBM’s chief innovation officer.

Uber data shows drivers may not make as much as you think
Internal Uber calculations, provided to BuzzFeed News by Uber, suggest that drivers in some markets earned less than many think.

Uber and Lyft might now opt to leave Chicago
Uber and Lyft are threatening to exit the Windy City the same way that they abruptly left Austin, Texas.

Even one of the most bullish Tesla analysts is running scared
Morgan Stanley’s Adam Jonas, one of the most bullish Tesla Motors analysts, had a change of heart on the stock.

Volkswagen to settle emissions scandal for more than $10 billion, sources say
Volkswagen has agreed to pay about $10.2 billion to settle claims from its emissions-cheating scandal.

Should your driverless car hit a pedestrian to save your life?
A new research study indicates that what people really want to ride in is an autonomous vehicle that puts its passengers first, NYT reported.

Leno: You can own an actual police car—and maybe even profit from it
Jay Leno spoke with automotive valuation expert Donald Osborne to find out if former police cruisers are a good investment.

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