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1955 Ford Thunderbird takes 2012 Ridler Award at Detroit Autorama

Dwayne Peace, his family and his 1955 Ford Thunderbird took hot-rodding's top prize at the Detroit Autorama on Sunday: the 49th Don Ridler Memorial Award. Peace, accompanied by his two sons who helped build the car, received the trophy and a check for $10,000. The Ridler Award is named for Don Ridler, an athlete and Autorama event promoter from 1957 to 1961.

R8 e-tron electric supercar will be built, Audi says

The Audi R8 e-tron is back on: Audi has backtracked on an earlier decision to cancel production of the zero-emission supercar and will now push ahead with small-scale production two-seater, Autoweek can confirm. The decision is part of a number of sweeping changes made to Audi's research and engineering operations since the arrival of its new head, Ulrich Hackenberg. Citing recent advances in lithium-ion battery technology that has reportedly increased its range from an original 134 miles to close to 250 miles, high-ranking insiders at Audi's headquarters in Germany suggest the R8 e-tron will now go into limited production during the latter half of 2014.

Fiat's U.S. sales increasing with new ads, 500 Abarth interest

After a slow start, Fiat 500s are starting to move off of dealer lots, according to an article in the Detroit Free Press. Fiat executives claim that the public debut of the 2012 Fiat 500 Abarth at the Los Angeles auto show and some provocative advertising have led to increased interest in the Fiat brand. February was the best sales month yet for the model that Fiat chose to reintroduce Americans to sub-$100,000 Italian cars.