One-of-One Ferrari Enzo in Rosso Dino Sells for $12.4 Million, Setting Online Auction Record

Ferrari Enzo in Rosso Dino

A one-of-one Ferrari Enzo finished in Rosso Dino has become the most expensive car ever sold through an online-only auction, reaching a hammer price of $12,399,000. With the buyer’s premium included, the final transaction totaled…

Carvana Brings Its Online Model to New Cars, Turning Dealerships Into Test-Drive “Playgrounds”

Carvana

For more than a decade, Carvana has shaped its brand around making car buying as convenient as online shopping. The company aimed to replace the traditional dealership experience with a faster and more streamlined process…

Ford Seeks Federal Approval to Keep Selling China-Built Lincoln Nautilus Under New U.S. Software Rules

Lincoln Nautilus

Ford Motor Company is seeking federal approval to continue importing and selling its China-built Lincoln Nautilus SUV in the United States as new government restrictions targeting Chinese vehicle software and connected-vehicle technology move closer to…

Rivian CEO RJ Scaringe Launches Mind Robotics, Betting on Humanoid Robots for the Factory Floor

Rivian CEO RJ Scaringe

The race to bring humanoid robots into automoRivian CEO RJ Scaringe Launches Mind Robotics, Betting on Humanoid Robots for the Factory Floortive manufacturing is gaining momentum, and Rivian CEO RJ Scaringe is positioning himself at…

Used-Vehicle Prices Top $30,000 for First Time Since 2023 as New-Car Demand Snaps Back

Renault Clio V6

The U.S. automotive market is showing fresh signs of resilience as both used-vehicle prices and new-car demand move higher, challenging expectations that upgraded interest rates and affordability concerns would continue weighing on consumers. According to…