Back in 2004, perfectionist homemaker and well known TV personality Martha Stewart was charged with insider trading. As presented, the facts in the case were simple. Martha owned stock in a medical research company called ImClone and, like a lot of people who invest in tech firms, she was hoping for a big payout when their product, a promising new cancer treatment, went on the market. Unfortunately, the FDA chose not to approve the drug and the value of the stock looked set to take a beating once the decision was announced. According to the charges initially brought against her, Martha and many of the company’s top executives learned of the FDA’s decision though their inside connections the day before it was publicly announced and were able to sell their shares before they crashed. That’s against the law and many of the people caught up in the scandal, including Martha who was convicted on the charge of making false claims to a federal investigator, ended up going to jail. Read More >

The Federal Trade Commission is launching an investigation into biweekly payments sold as a product by dealership finance departments on the basis that consumers may not be getting their money’s worth with such payments.

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Reader Davefromcalgary discusses what it’s like to buy the car that everybody asks for, but nobody ever seems to actually purchase: the manual variant of a mainstream sedan.

As the calendar turned from 2013 to 2014, my trusty 2002 Oldsmobile Alero with 296,000 kms (or roughly 184,000 miles) on the clock, took what would turn out to be its last cross country trip. Returning to Calgary on a day where the average air temperature across 1350 kms (840 miles) averaged about -30 Celsius (-22 Fahrenheit), the hydraulic clutch system gradually ceased to function. I managed to get it home, but the third gear synchro soon failed, and the first gear synchro progressively became louder until I finally delivered my trusty Olds to the local Pick n’ Pull.

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For decades, conventional wisdom has said that a car is the worst place to be caught during a tornado, besides maybe a mobile home. Hundreds of photos of demolished vehicles thrown about by violent twisters seem to provide ample support for that conclusion. Driving instructors, safety advocates, and meteorologists have all argued that a ditch or culvert provides better protection than an easily-overturned car. Over the last decade or so, however, a debate has been brewing between weather and safety experts about the soundness of this advice.

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Though diesel power is experience increased popularity among United States consumers, the wild fluctuations in the price for a gallon of diesel may put some potential oil-burner owners back on the gasoline bandwagon.

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Though Japanese automakers are doing all they can to win over Chinese consumers, a study led by Bernstein Research found anti-Japanese sentiments among 51 percent of 40,000 surveyed may be a barrier to further success in the growing market.

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In roughly 50 words, author Nassim Taleb neatly summarizes the answer to every essay ever penned about how “Car Company X Has Lost Its Way”.

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PSA will consolidate their small car production at a factory in Slovakia, as the struggling auto maker looks to cut labor costs and increase margins on small cars.

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Automotive News reports General Motors’ recall parade could, according to Barclays Capital analyst Brian Johnson, last well into the middle of the summer season. The data mining conducted by the automaker’s team of 60 safety investigators on 10 sources reporting potential problems — including consumer complaints and reports from its dealership network — will likely bring more recall requests before GM’s senior executives. Johnson adds that the investigators are working on likely defects on a per-issue basis instead of per-vehicle, which may mean a number of vehicles will be called back multiple times as the recall parade marches on; he also notes that its hard to discern if recalls of past vehicles have already peaked.

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Recalling the fateful end of GM’s EV1 program, BMW has decided to crush a number of their 1-Series based Active E after the pilot program finished.

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With negotiations between the UAW and the Big Three set to open next year, FCA head Sergio Marchionne has already fired the first shots, calling for an end to the two-tier wage system and a new pay structure, tied to profit-sharing.

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We may not be clear on whether the Volkswagen Golf wagon will get all-wheel drive in North America, but it looks like VW is hard at work on an R version of the Golf wagon.

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Hybrid owners may soon need a co-pilot and a couple of backseat drivers to use HOV lanes, as the U.S. Senate Environment and Public Works Committee approved a six-year highway spending bill with an amendment that would redefine for states what vehicles can and cannot use such lanes for solo driving.

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Were you hoping to get your hands on one of the 100 2014 Mazda MX-5 Miata 25th Anniversary Edition roadsters? Alas, you can stop holding your breath: All 100 were sold within 10 minutes.

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In the oil-stained industrial district of a hardscrabble Georgia town, the sun beats down on a graveyard of wretched excess. Row after row of partially-stripped hulks drip planet-poisoning fluids on the orange clay, their remains picked over by a motley crew of opportunists. Scores of full-sized sport utility vehicles are ripe for scavengers, their bloated corpses dismembered for whatever might still be of use. What’s killing off the full-framed SUVs?

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