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Feds researching fire risks from EV batteries, regulator says

Federal safety regulators have begun an $8.75 million study of whether lithium ion batteries in electric vehicles pose a potential fire hazard, officials said Thursday. Kevin Vincent, chief counsel of the U.S. National Highway Traffic Safety Administration, said researchers are looking at whether the high-voltage batteries can cause fires when they are being charged and when the vehicles are in an accident.

Don't get caught on car hire 'slippery slope'

'DO IT YOURSELF' holidays are generally seen as a cheaper version of what can be steeply priced and inflexible package deals, particularly in the notoriously expensive ski market. But experts are warning that skiers who make their own way to the slopes this winter, instead of buying a package with transfers included, could be hit by hefty charges for car hire at the airport. According to iCarhireinsurance.com, a specialist insurer, some skiers hiring cars for New Year breaks could pay for their hire car twice over because of added 'extras'.

Hendrick buys first Corvette Stingray

Race team owner and car dealer Rick Hendrick bought the first 2014 Chevrolet Corvette Stingray, VIN 0001, at the Barrett-Jackson car auction in Scottsdale, Ariz., on Jan. 19. Hendrick's winning bid was $1.05 million, for a car that's estimated to have a sticker price around $60,000.