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This is one of the most concrete deals between two players in the field.
Upcoming Roadster model can hit 100mph in less than 5 seconds.
A truck driver has been blamed for the accident.
Intricate, 200-hour build process sometimes includes a final inspection from the CEO himself.
It was the only country that prohibited women from driving.
British monarch's car was estimated to sell at around $240,000.
Luxury car goes from 0-249 mph in 41.96 seconds on test track.
Peter Tseng paid record-breaking amount after bidding war to get plate that simply reads '4.'
The 20-foot-long Maybach 6 Cabriolet shows Mercedes' vision for 2035.
Check out historic rides driven by James Bond, Steve McQueen and more.
The Monterey Car Week auction has made it the most valuable British car in history.
The 1961 250 GT SWB Berlinetta is expected to sell from at least $8.5 million.
Reports that embattled former CEO was making a comeback have been shot down by the company.
The company is now accepting pre-orders for the $1.4 million limited first edition.
The car will hit the Auctions America event at the end of August.
The luxury automaker claims the Phantom is 'the most silent motor car in the world.'
Debut of new, mass-market Tesla is the culmination of a decade-long strategy.
The car veered off the highway and then burst into flames.
He was in the Moroccan desert for 12 days.
Lawmakers are taking steps toward a driverless future.