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Russo and Steele's Arizona auction closed Friday as weather wreaks havoc

The Russo and Steele auction site in Scottsdale, Ariz., was closed Friday morning--and may not open to the public at all during the day--as city and auction officials assess damage after high winds Thursday night ripped tents from their anchors and damaged several cars. Scottsdale police were not letting anyone into the site as collapsed tents and metal beams remain a hazard. One person was treated for minor injuries.

Future products: Ownership change may revive 2 small Porsches

Now that it's owned by Volkswagen, Porsche reportedly is planning two small vehicles that the German sports car maker's previous management had nixed. Porsche is expected to increase the size of its Boxster roadster, leaving room at the bottom of the range for a smaller midengine car engineered jointly with Volkswagen. A small SUV also is likely to be added.

Toyota recalls Toyota Avensis & Lexus IS 250

Toyota recall the Avensis & Lexus IS 250 Toyota must have a sinking feeling of deja vu today, as the spectre of last year came back to haunt. 2010 was the year of the Toyota Recall, with millions of cars worldwide recalled to address the ‘Throttlegate’ issue of sticky accelerator pedals. But today’s recall announcement is not in that league, affects less than 20,000 cars in the UK (although over 1 million worldwide) and there have been no reports of any accidents relating to the recall in the UK.