Crowdfunding has been used to deliver financing to projects ranging from fashion collections and film productions, to food trucks and the occasional work that ends up bombing while investors are left holding nothing (not even the bag their were promised as a gift for investing).

This project may be a success or failure, but if all goes as promised, Michigan’s Performance CNG will be able to deliver a CNG-powered 2003 Ford Mustang while demonstrating all compressed natural gas can do in the name of energy independence.

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Though Volkswagen had plans to move 800,000 units annually out of U.S. showrooms by 2018, the automaker may now opt to dial back its ambitious plan in light of slow growth and falling sales.

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Thanks in part to Toyota’s decision to relocate its U.S. base of operations from California to Texas, Tesla is now the former state’s largest automotive industry employer.

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Honda’s Honda Performance Development announced this week that it will provide the power for the upcoming Formula Lites series, an open-wheel series sanctioned by SCCA Pro Racing with the goal of developing young professional drivers on their way up the competitive ladder.

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The National Highway Traffic Safety Administration has spoken: General Motors will pay the maximum fine of $35 million for its decade-plus delay of the recall of 2.6 million vehicles affected by an out-of-spec ignition switch linked to over 30 accidents and 13 fatalities.

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And the beat goes on: General Motors has issued five new recalls for 2.99 million vehicles, bringing the number of affected GM products to a total of 13 million worldwide since late February of this year.

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Already considering a new plant in Mexico for its 1 and 3 Series, BMW may also bring MINI production to the line when the factory doors open in the near future.

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Those with enough money their pockets and desire a new Jaguar E-Type could opt for the restomod offerings from Eagle, and would likely be happy with what they receive. However, an exclusive few may manage to snag a new E-Type directly from Jaguar as soon as this summer, when the automaker finishes the final six of 18 Lightweight E-Types after a five-decade pause in production.

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Toyota’s big move from California to Texas may also bring a big return for Plano, Texas over the next decade, to the tune of $7.2 billion of economic activity.

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With 112,000 infrastructure projects and 700,000 jobs at stake, the Obama administration and Secretary of Transportation Anthony Foxx are both urging Congress find a way to provide funding to the United States Highway Trust Fund before the well goes dry as early as August.

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Automotive News reports General Motors will bring production of the Chevrolet Spark EV’s battery pack in-house to its Brownstown Township plant in the Detroit metro area, having already moved the subcompact’s 85-kilowatt electric motors to White Marsh, Md. in 2013. The pack was originally assembled by A123 Systems before Wanxiang Group picked up the torch. No new jobs will be created as a result of the move, spokesman Dave Darovitz stating GM would add jobs “if consumer demand requires it.” The packs for the 2015 Spark EV — whose market will expand to include California and Oregon later this year — will be 86 pounds lighter than the outgoing units, and will have a storage capacity of 19 kilowatts held within 192 lithium ion cells.

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Doing business with Chrysler proved to be a boom for Santander Consumer USA’s Chrysler Capital during Q1 2014, while former lending partner Ally Financial experienced a painful bust on its Pentastar originations.

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Though it took over a decade to issue a recall over the out-of-spec ignition switch at the heart of its ongoing debacle, General Motors is being thorough with the part now, performing 16 tests — in addition to the 80-plus before them — to confirm no harm will come the way of the 2.6 million owners affected.

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In its annual Your Driving Costs study, AAA says the cost of owning and operating a vehicle has fallen on the back of lower fuel prices, though its findings leave a little to be desired with current fuel costs.

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Though no word yet has come down from Volkswagen on where the confirmed seven-passenger SUV for the U.S. market will be assembled, U.S. Senator Bob Corker of Tennessee says that decision would come “in the very near future.”

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