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May sales slide 4 percent on rising fuel prices, tight vehicle supplies

U.S. light vehicle sales dropped 4 percent in May--the first decline since August--as rising gas prices, inventory shortages, higher stickers and economic jitters curbed demand. The pace of sales last month--11.78 million units on an annualized basis--was the year's lowest and marked the first seasonally adjusted total below 12 million units in seven months.

2,000hp Trion Nemesis 'hypercar' unveiled

Apart from having possibly the coolest name of any current hypercar and looking like a Storm Trooper's wheels of choice, the Trion Nemesis is attracting attention for another reason – its 2,000hp engine. At double the level of power produced by a Bugatti Veyron, that ought to deliver some mind-bending performance. Please click on the image above to read more on the Trion Nemesis

Audi names new U.S. boss

Marketing veteran Scott Keogh is taking the helm of Audi of America. Keogh has been Audi's chief marketing officer for six years. He replaces longtime Audi president Johan de Nysschen, who left earlier this month to take a top position at Japanese luxury brand Infiniti.