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Lotus named lead marque for Goodwood

Lotus will take a place of pride as lead marque at June's Goodwood Festival of Speed, backed by an expected record attendance of more than 40 historic racing Lotus models. “Lotus is an incredibly important British car marque, and we plan to have maybe the greatest concentration of a single marque that we've ever had at the festival,” said Lord March, whose Goodwood historic house provides the backdrop for the four-day event beginning on June 28. Emerson Fittipaldi will be reunited with his championship-winning Lotus 72 and an early Lotus 7 race car, a type that many drivers--including British Le Mans legend Derek Bell--cut their teeth on in their formative years.

BMW recalls the X3 for steering fix

BMW is recalling 50 units of the 2011 BMW X3 for a potential power-steering problem. According to the National Highway Traffic Safety Administration, a control module in the electric power-steering unit might malfunction, resulting in a sudden loss of power-steering assistance, which could lead to a crash. The suspect X3s were built between April 27 and June 8, 2011.

Chrysler ‘Thomas Special' steals the show at RM Meadow Brook auction

Posting more than $10 million in total sales, RM Auctions' Vintage Motor Cars of Meadow Brook event had an unexpected top seller on July 24. After crossing the auction block at $858,000, a 1953 Chrysler coupe known as the “Thomas Special” became the event's headliner. It was estimated to sell for $350,000 to $500,000.