Elon Musk says Autopilot upgrade could be coming

Here is the latest Auto News from CNN Money.

Elon Musk says Autopilot upgrade could be coming
Elon Musk says Tesla plans Autopilot upgrade, says owners don’t want feature disabled despite criticism.

EPA lowers fuel economy expectations
Automakers are doing a great job meeting tougher fuel economy rules, regulators say, but shift to SUVs means fuel efficiency will be lower int he long term.

Takata settles case of woman who died 2 years after crash
Takata settles with family of Florida woman who had recalled airbag replaced in 2009, then had fatal accident five years later.

Pickup trucks honored on postage stamps
A new series of postage stamps features classic American pickups.

Consumer Reports to Tesla: Reel in Autopilot
The semi-autonomous driving technology is still too limited in its capabilities to live up the expectations of many drivers that it can drive the car on its own, the magazine said.

Tesla reveals ‘cheaper’ Model X SUV
Tesla just put a cheaper version of its Model X SUV on the market. Don’t get too excited, though. The Model X is a luxury SUV and it still costs like one. Prices for the new Model X 60D start at $74,000.

Tesla confirms another Autopilot accident
A third Tesla Autopilot crash report brings additional attention to self-driving car feature.

These SUVs have lousy headlights
Insurance Insitute for Highway Safety tests find that most small SUVs have weak headlights.

U.S. government worried about risky car loans
A top banking watchdog warned on Monday that the “unprecedented” growth in auto loans poses higher risks for banks.

Elon Musk teases new master plan for Tesla
Tesla’s first master plan in 2006 eventually became the Model S. What does Elon Musk have up his sleeve now that he’s hinted at a second big plan? A connected home with SolarCity? A Tesla truck? Teslas that pick you up like Uber?

Cheap, off-brand gasoline is bad for engines, AAA says
AAA says there is a difference in gasoline quality, that off-brand gas can cause problems for engines that hurts mileage.

The most dangerous thing about Autopilot is that it’s called Autopilot
The name of Tesla’s semi-autotonomous driving feature implies a level of ability that it just doesn’t have.

Tesla owner says his car also crashed in autopilot
A Tesla Model X involved in a serious accident Friday evening was in autopilot mode, the driver told CNNMoney.

Ford Explorer under investigation for exhaust fume leaks
Federal safety regulator looking at complaints about exhaust fumes leaking into passenger compartment of Ford Explorers.

Most valuable American car up for auction
Carroll Shelby’s own very first Shelby Cobra will be sold in August. It’s almost certain to be the most valuable American car ever sold.

Ferrari to reveal its fastest convertible ever
While its name and price have not yet been revealed, the new car will be a convertible version of the LaFerrari supercar.

Can we trust driverless cars?
Autonomous cars face numerous challenges, but they still offer the potential to save millions of lives around the world.

Tesla driver killed in autopilot crash said the technology was ‘great’
An outspoken advocate of self-driving technology dies in a crash while using autopilot.

Stop driving these Hondas right now, says regulator
Feds warn more than 300,000 Hondas and Acuras pose grave risk of exploding airbags and should be parked until fixed.

Toyota recalls 1.4 million cars for airbag problem
Toyota says it will need to fix 1.4 million cars for problem with side airbags made by a supplier other than Takata.

Ralph Nader goes from auto industry nemesis to Hall of Famer
Ralph Nader being inducted into Automotive Hall of Fame for his work on auto safety despite his consistent criticism of the industry for more than 50 years.

Fuel scandal drives Mitsubishi Motors to first loss in 8 years
Japanese automaker Mitsubishi Motors says it expects to post a net loss of $1.4 billion for the current financial year.

Fix ready for Jeep gear shift problem that killed Anton Yelchin
Dealers have quietly begun installing a fix for some vehicles with confusing gearshifts.

Fiat Chrysler scrambling to fix roll away problem
Fiat Chrysler said it should have a fix by July or August for gear shift design tied to dozens of injuries and possible death of Star Trek actor Anton Yelchin.

Why car gear shifters are so confusing
Putting a car in Drive or Park used to be a simple matter. These days it requires some thought.

Jeep that killed ‘Star Trek’ actor Anton Yelchin was flagged for safety problems
The Jeep Grand Cherokee that killed “Star Trek” actor Anton Yelchin is due to be recalled for the very problem that cost him his life.

Scandal-plagued Volkswagen gives 120,000 workers a 5% pay hike
The Volkswagen Group is in big trouble for its emissions cheating scandal, but that’s not stopping its workers from getting a healthy raise and bonus.

Coolest cars for $18,000
These are the best budget cars, according to the experts at Kelley Blue Book.

This self-driving car company is on fire
Nvidia, a chip company that is most well-known for gaming technology, is making a big bet on autonomous cars. The stock has soared for the past year and a half. But are shares about to run off the road?

Tough times for auto stocks as Uber rules the world
Read full story for latest details.

Tesla fires back at reports of safety flaws
Tesla fired back Friday at reports of a potentially dangerous suspension problems in the Model S.

Driving the $185,000 McLaren supercar
The McLaren 570S costs considerably less than the more powerful 650S but you don’t lose very much.

Tesla releases cheaper version of Model S
Read full story for latest details.

GM unveils new feature to prevent child deaths in hot cars
The new GMC Acaida full-size crossover SUV will have a feature designed to prevent parents from leaving children in the car.

Jetsons-style Mini Cooper concept unveiled
The Mini Vision Next 100 would make steering wheels optional and enable a customized look for whomever happens to be ‘driving,’ says BMW.

The Rolls-Royce of the 22nd century won’t need a chauffeur
BMW has unveiled the first Rolls-Royce concept car ever to explore what the ultimate luxury car might look like a hundred years from now.

Jetsons-style Mini Cooper concept unveiled
The Mini Vision Next 100 would make steering wheels optional and enable a customized look for whomever happens to be ‘driving,’ says BMW.

GM unveils new feature to prevent child deaths in hot cars
The new GMC Acaida full-size crossover SUV will have a feature designed to prevent parents from leaving children in the car.

Driving the $185,000 McLaren supercar
The McLaren 570S costs considerably less than the more powerful 650S but you don’t lose very much.

Tesla releases cheaper version of Model S
Electric car fans looking to save a few bucks just got a break.

Safety regulators looking at reports of Tesla flaws
Owners have reported suspension component failures on Model S and Model X Teslas.

Tough times for auto stocks as Uber rules the world
Auto sales slumped in May. The sector may be cooling off as gas prices start to rise — and Uber continues to attract more customers who aren’t as interested in owning their own cars.

Coolest cars for $18,000
These are the best budget cars, according to the experts at Kelley Blue Book.

New bombshell lawsuit against Volkswagen
One of Volkswagen’s biggest shareholders — Norway’s state pension fund — is set to sue the automaker for mismanaging its emissions scandal.

Subaru warns recalled car owners: Stop driving now
Subaru warns that new Outbacks and Legacy have steering column flaw and says owners should park cars rather than drive to dealerships.

Nissan-Mitsubishi: A new rival for GM and Toyota?
Nissan is paying $2.2 billion for a stake in Mitsubishi Motors, and the chance to compete with Toyota and GM.

Toyota profits are being slammed by rising yen
Toyota predicts that its operating income will plunge 40% this year as Japan’s currency strengthens.

Mitsubishi’s fuel test scandal just tripled in size
Mitsubishi Motors has expanded its investigation into falsified fuel efficiency tests to include nine new models.

Takata shares crash again: Will the airbag maker go bankrupt?
Takata’s exploding airbag scandal has hammered its reputation, soured relationships with customers and sent its stock crashing nearly 80% in a year.

Tesla Model 3’s first week: 325,000 orders
Tesla announces that 325,000 people have placed deposits of about $1,000 each to buy a Model 3.

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Uber hires top Ford exec in self-driving car quest
Uber said that it has poached Sherif Marakby, director of global electronics and engineering at Ford, to work on its self-driving car efforts.

Greatest hits from GM’s top designer
Ed Welburn, vice president of design, is retiring after 44 years. We asked him to pick his favorite cars.

Ferrari stolen 28 years ago found as it was being shipped to Poland
The 1991 Ferrari GTSi been stolen in Los Angeles in 1987 was found as it was being shipped to Poland.

Mitsubishi Motors shares plunge over rigged fuel economy tests
Japanese automaker Mitsubishi Motors said it had illegally rigged fuel economy tests affecting hundreds of thousands of vehicles.

Mitsubishi: We’ve been cheating on fuel tests for 25 years
Read full story for latest details.

Gear shift confusion causes Chrysler recall
More than 800,000 cars and SUVs in the U.S. are recalled because it’s too easy for drivers to forget to put the transmission in Park.

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Mitsubishi’s fuel test scandal has drawn the attention of U.S. regulators
The EPA has ordered Mitsubishi Motors to conduct new tests after the automaker admitted that it had falsified fuel efficiency numbers for the past quarter century.

BMW is building tricked-out wheelchairs for the Paralympics
U.S. Paralympic racers in the 2016 Rio games will get custom racing wheelchairs designed and built by BMW.

Flowered muscle car worth $1.4 million stolen
The 1970 Plymouth Hemi ‘Cuda with an eye-catching vinyl top was stolen from a collector new New York City.

BMW is building tricked-out wheelchairs for the Paralympics
U.S. Paralympic racers in the 2016 Rio games will get custom racing wheelchairs designed and built by BMW.

Mitsubishi: We’ve been cheating on fuel tests for 25 years
The embattled Japanese automaker admits to rigging fuel efficiency tests for the past quarter century, sending its shares crashing to a new record low.

Gear shift confusion causes Chrysler recall
More than 800,000 cars and SUVs in the U.S. are recalled because it’s too easy for drivers to forget to put the transmission in Park.

Mitsubishi Motors shares plunge over rigged fuel economy tests
Japanese automaker Mitsubishi Motors said it had illegally rigged fuel economy tests affecting hundreds of thousands of vehicles.

Ferrari stolen 28 years ago found as it was being shipped to Poland
The 1991 Ferrari GTSi been stolen in Los Angeles in 1987 was found as it was being shipped to Poland.

France says ‘non’ to big auto exec pay packages
Read full story for latest details.

What we know about Tesla’s Model 3
Tesla will unveil its much-anticipated Model 3 next month. Here’s what you need to know about the breakthrough electric car.

Tesla Model 3 draws lines to dealership a day before unveiling
Tesla is set to unveil its mid-priced Model 3 Thursday night, but eager buyers have already begun lining up at stores where they can put down a deposit beginning Thursday morning.

Tesla reveals its $35,000 car for the masses
The Tesla Model 3 will start at $35,000 and have a range of 215 miles.

Tesla finally on track with Model X production
Read full story for latest details.

Most Tesla Model 3 buyers won’t get the $7,500 tax break
Tesla customers are likely to no longer qualify for $7,500 tax break for electric car buyers by the time they can buy a Model 3.

Takata airbag blamed for a Texas driver’s death
A driver in Texas was killed in March when a Takata airbag inflator ruptured. That was the tenth fatality blamed on the exploding airbags.

Tesla Model 3’s first week: 325,000 orders
Tesla announces that 325,000 people have placed deposits of about $1,000 each to buy a Model 3.

Uber hires top Ford exec in self-driving car quest
Uber said that it has poached Sherif Marakby, director of global electronics and engineering at Ford, to work on its self-driving car efforts.

Greatest hits from GM’s top designer
Ed Welburn, vice president of design, is retiring after 44 years. We asked him to pick his favorite cars.