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First Z/28 crushes new Mustang at Barrett-Jackson auction

The Scottsdale auctions are full of high-rollers making high-profile bids on classic and modern cars. As such, there was a ton of buzz circling the first retail 2015 Mustang and what it would ultimately sell for -- it ended up crossing the block at $350,000. But it was the first retail 2014 Chevrolet Camaro Z/28 that proved to be the dark horse at Barrett-Jackson.

Audi debates bringing its Q3 crossover to the United States

Audi hasn't decided whether to bring the compact Q3 crossover to the United States, but it could happen in three years after a midlife freshening, said Johan de Nysschen, president of Audi of America. "We have to look at the economic feasibility, and it has to hit targets. We have to overcome certain challenges," de Nysschen said at the Frankfurt auto show.

EV car maker Aptera shuts down

Automotive startup company Aptera Motors, promoter of the weirdly styled, three-wheeled 2e electric car, shut down on Friday, saying it was out of money. The company said it was unable to raise funds from private investors that would have kept it going until it received a $150 million loan from the Department of Energy's Advance Technology Vehicle Manufacturing program. "This is a difficult time for everyone connected with our company because we have never been closer to realizing our vision," CEO Paul Wilbur said in a statement.