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BMW, Daimler experiment with upscale rent-by-the-ride

Two European luxury brands are tiptoeing into car sharing, a radical move for carmakers whose business for the past 100 years has been selling to individuals. German archrivals Daimler AG and BMW AG have launched sharing programs. The automakers say the move was prompted by changing attitudes about car ownership, especially among young buyers, and increased urban congestion.

Arizona auctions poised for record year

Gooding & Co. finished its second and final day of auctions on Saturday, and as has become the norm, beat last year's totals. Closing out its week at an estimated $34.9 million, eight lots made it into the million-dollar club.

Nissan Juke-R to go in to production – likely to cost £125k UPDATED New Video

Nissan Juke-R to go in to production The barking mad love child of the GT-R and Juke – the Nissan Juke-R – is to go in to limited production at a likely price of £125k. Today, we’re expecting Nissan to deliver the full version of its ‘Juke-R vs Supercars’ video from Dubai – the one they’ve been trailing with a series of short Juke-R teasers. And now we know why.