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Watch a Volvo find its own parking spot

Cars that can navigate into a preselected parking spot have been around for a few years now, and they've proven that under the right conditions they can pull it off successfully most of the time. But what about a car that finds its own parking spot just after you step out? Volvo is about to show a car that can do just that, and it manages this feat without an array of sensors on the roof that make the car look like a military aircraft.

First SRT Viper sells for $300,000 at California auction

The first 2013 SRT Viper sold for $300,000 at the Barrett-Jackson auction in Costa Mesa, Calif., on June 23. The final price made the Viper the top seller of the event. Proceeds from the sale will go to the Austin Hatcher Foundation, which helps families and children affected by pediatric cancer.

BMW 1-Series M Coupe (2011): more details

BMW's readying a pocket-sized M3 for those on a smaller budget: the BMW 1-Series M Coupe. While official information remains scarce on this 2011 pocket rocket, we've grabbed a few more pointers to its performance and stats. Set to be launched in early 2011, the 1-series based M spells a return to more lightweight M cars after the X6 M and its ilk that strained relations with the most fervent M division fans.