Buying a brand new car comes with the added perks of personalization, the latest technology and the coveted new car smell. But for the past few months, buying new has also carried record high prices.

If the Toyota Prius, the world’s first modern hybrid car, had landed with a thud, we’d be living in a different world. Carmakers would have thought twice before launching rival models. And we’d have ...

Automakers are exploring energy storage as a way to help utilities and save customers money, turning an expensive component into an industry asset. By Jack Ewing Reporting from Munich and New York ...