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First 2015 retail Mustang goes for $300K

Compared to your typical Barrett-Jackson collector car auction price, $300,000 might not seem like too much--a 1967 Corvette went for $3.8 million. But with 100 percent of the proceeds going to the Juvenile Diabetes Research Foundation, $300,000 doesn't sound too shabby. On Saturday, the winning bidder ended up dishing out $300k for the first 2015 retail Ford Mustang GT, about 10 times the actual price.

GM to test offering insurance for 1 year to buyers in Northwest

General Motors--testing a new sales promotion--is offering Oregonians and Washingtonians a new incentive to buy or lease a GM vehicle. Any driver from the two states who buys or leases a new vehicle through Sept. 6 and titles the vehicle in either state will receive a free one-year automobile insurance policy from MetLife Auto & Home.

Honda loses case over Civic hybrid mileage

Honda was ordered to pay $9,867 in a Los Angeles Small Claims Court lawsuit to a woman who says her Civic hybrid didn't get the fuel mileage that was advertised, according to Bloomberg News. “I am absolutely thrilled at the reports that I won, even though I won't see the actual judgment until it comes in the mail,” Heather Peters said in an e-mailed statement on Wednesday to the wire service. “It's a victory for Civic hybrid owners everywhere.” Peters opted out of a class action and filed her own case in small-claims court, where plaintiffs and defendants represent themselves.