S. Korea fines VW $32m for false advertising

The South Korean unit of German carmaker Volkswagen was slapped with a 37.3 billion won fine for false advertising.

Ferrari sets auction record

A LaFerrari was auctioned off for $7 million to become the most valuable 21st century automobile ever sold at auction.

BBC 'Top Gear' speeds into China with new deal

The new BBC "Top Gear" series has signed a deal with Shanghai Media Group to bring the car show's 24th season to China.

German car sales bounce back

German car sales rose in November, recovering from an earlier dip and setting the stage for a strong end to the year.