New York City sues CarGurus

New York City's Department of Consumer and Worker Protection filed a lawsuit against CarGurus for allegedly misleading customers about vehicle prices on its website.

“New Yorkers should be able to trust that a 'Great Deal' is actually a great deal”

Over 2,000 violations

The city claims CarGurus violated its consumer protection law with over 2,000 violations and seeks penalties of up to $3,500 each.

AI chatbots hide fees

CarGurus' AI chatbots allegedly hide required dealership fees in lists of deals it generates.

CarGurus defends

CarGurus rejected the city's claims, stating it has a decades-long track record of transparency in car buying and selling.

“The allegations in the complaint ignore our decades-long track record of setting the standard for transparency in car buying and selling”

Federal Trade Commission ruling

A Federal Trade Commission decision in March required 97 dealership groups to disclose mandatory dealership charges in advertised prices.

Tesla re-elects Musk

Tesla filed a proxy statement asking shareholders to re-elect Elon Musk for a three-year term at its December 3 meeting.

Musk's $1 trillion award

Musk's 2025 CEO Performance Award includes about 423.7 million restricted shares valued at $158.4 billion.

Tesla's SEC no-action letter

Tesla spent months working with the SEC to create a voluntary retail investor voting framework, obtaining a formal SEC no-action letter.

Jeep builds in China

Stellantis plans to build battery-electric Jeeps in China for export to Canada and Mexico starting in 2027.

Stellantis Canada response

Stellantis Canada said importing Jeeps from China remains preliminary and would not factor into Brampton plant decisions.

“At this stage, saying these vehicles are planned for Canada would be very premature”

Ford recall

Ford is recalling 2,276 2025-2027 F-150s due to improperly bolted front seats that could increase crash injury risk.

Ford's 80th recall

Ford's 80th recall of 2026 doubles Stellantis' 39 recalls and totals 14,093,368 vehicles recalled this year.

John DeLorean

John DeLorean is considered the coolest automotive executive due to his drug ring involvement and iconic DMC-12 car.

Fuel prices stable

National average gas prices remain at $4.30 with diesel at $6.32, showing minimal change despite oil prices.