U.S. auto sales are expected to show strong growth in May as Americans snap up new cars and switch to more fuel efficient models. It's great for the car companies, but the deals aren't as sweet for consumers.
Ford Motor Company is calling it quits in Australia, after a nearly 90-year run. The U.S. automaker says it will shut down its two factories down under and halt production in 2016.
Jamie Kitman, New York editor of Automobile Magazine, has just completed driving a $240,000 McLaren sports car across the country. Along the way, he made a few pit stops with Marketplace Tech.
The 'big three' automakers — Chrysler, GM, and Ford — are reporting sharp gains in sales for the month of March. Chrysler says the latest month was their best since 2007.