Viral trend causing new headache for Hyundai, Kia owners

There’s a new headache Hyundai and Kia owners are running into if they’re victims of the viral social media trend. Some owners are not able to get parts for their vehicle, once they get it back from being stolen.

Tesla announces big plans for cheaper iron-based batteries

Tesla Inc. is planning to install iron-based batteries that are not only cheaper, but less of a fire hazard, in a version of an affordable electric vehicle and a semi heavy electric truck, according to reports.

General Motors offers buyouts for U.S. employees and executives

General Motors is offering salaried employees a voluntary buyout as it seeks to reduce costs by $2 billion over the next two years. "Taking this step now will help avoid the potential for involuntary actions," a company letter said.