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Car-sharing programs hit the big time

Rental-car company Getaround introduced its business plan for “peer-to-peer car sharing” on May 24 at the Tech Crunch Disrupter conference in New York City. Unlike other car-renting and car-sharing companies such as ZipCar, Getaround works by connecting potential car renters with willing car owners via an iPhone app. All Getaround vehicles are privately owned.

First nine 'Legends of Bugatti' Veyron are all sold out

Seems like a lot of the world's wealthiest auto fanatics/premium lifestyle enthusiasts can't wait to find out what the successor to the awe-inspiring Bugatti Veyron will look like. Knowing full well that the automaker won't start working on its next seven-figure neck-snapper until the remaining stock of Veyrons is accounted for, they've been eating up the cars like they're going out of style: Bugatti says the nine examples of its "Legends of Bugatti" series produced so far have been sold. That's despite a roughly $3 million per-car sticker price.

Nissan Pivo 2 concept

Nissan has released details of a new Pivo 2, an advanced electric concept car that will debut at the upcoming Tokyo Motor Show. Building on the popularity of the first Pivo, shown at the 2005 Tokyo Motor Show, the latest concept will be powered by compact Lithium-ion batteries and features a unique rotating cabin. Where the first Pivo, with its fully rotating cabin design, made reversing obsolete, the Pivo 2 takes that easy mobility concept to a new level.