Volkswagen said it will compensate owners of its heavily polluting diesel vehicles in Germany in a settlement that will cost the German carmaker 830 million euros (690 million pounds). In 2015 VW was caught by regulators using manipulated engine management software to mask excessive pollution levels in its diesel cars, sparking a raft of prosecutions and lawsuits. The offer comes despite a breakdown in talks with German consumer association VZBV, which had been in negotiations with

Survival is the most important skill in the Daytona 500. NASCAR’s season opener is a three-hour, white-knuckle thrill ride in cramped quarters at 200 mph that’s as much about finding holes and help than having speed and handling. The fastest car rarely wins and has as good a shot at ending up in the junkyard as victory lane.

A maritime salvage company is asking a federal judge to stop the Coast Guard and a rival firm from carrying out their plans to remove a cargo ship that overturned five months ago on the Georgia coast. The multiagency team overseeing removal of the South Korean freighter Golden Ray recently announced plans to carve the ship into eight giant pieces that would be loaded onto barges using a towering crane in the waters of St. Simons Sound. The salvage company Donjon-SMIT filed a complaint Thursday

Plus driving the 2020 Chrysler Pacifica and Lexus RX 450h, and a whole bunch of opinions

Tesla priced its second offering of stock at $767 apiece Friday. An announcement Thursday that Tesla would put an additional $2 billion worth of stock on the market surprised almost everyone. Just two weeks ago, CEO Elon Musk said the company had enough cash to fund its capital programs and that it didn't need to raise any more money.

Renault's first loss in a decade triggered a no-taboos commitment to cut costs by 2 billion euros ($2.2 billion) over the next three years from the carmaker on Friday, as it tries to put the Carlos Ghosn affair behind it. As ex-Volkswagen brand manager Luca de Meo prepares to take over as chief executive of the French automaker, which has been rocked by the Ghosn scandal, it did not exclude job cuts in a promised review of its performance across all factories. Like many auto industry rivals, i

Lewis Hamilton said he was amused by younger rivals talking up their chances as his Mercedes Formula One team unveiled the new car that could make him a seven-times world champion this season. The 35-year-old Briton pointed to Finnish team mate Valtteri Bottas, handed the first laps in the sleek W11 car at a private shakedown session at Silverstone circuit on Friday, when asked who would be his biggest challenger. Red Bull's Dutch driver Max Verstappen and Ferrari's Monegasque Charles Leclerc,

A man described as a disgruntled former Waymo driver has been arrested on suspicion of deliberately crashing a passenger car into one of the company’s vans with self-driving capabilities near Phoenix, authorities said Thursday. Tempe police said Raymond Tang, 31, was booked into jail Wednesday night and is facing felony charges of aggravated assault and criminal damage, and misdemeanor counts of endangerment and reckless driving. Chandler police didn't immediately return a call Thursday seekin

McLaren team mates Lando Norris and Carlos Sainz kept their driver bromance bubbling at the launch of their new MCL35 Formula One car on Thursday. The British-based team emerged from the doldrums to finish fourth last season and, in the 50th anniversary year of the death of founder Bruce McLaren, are aiming to build on that momentum. Norris, a rookie last year as Britain's youngest F1 driver, and Spaniard Sainz both liked what they saw as the Renault-powered papaya and blue car was pushed out