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1965 Shelby Daytona Cobra sells for $7.25 million at Monterey auction

The championship-winning 1965 Shelby Daytona Cobra Coupe CSX2601 sold for a record $7.25 million on Saturday at an auction in Monterey. The sale is believed to be a record for an American car at auction. Bob Bondurant drove it to victory in the 12 Heures du Reims--fittingly on the Fourth of July in 1965 to secure the FIA title.

VW, Audi cars recalled to fix fuel-injection system defect

Volkswagen AG is recalling 168,275 VW and Audi models with diesel engines because of a defect in the fuel injection system that could cause fuel leaks, possibly creating fire hazards. The recall affects certain 2009-12 Jetta mid-sized sedans and wagons, and some 2010-12 Golf compacts, federal regulators said Thursday. Some 2010-2012 Audi A3 models also are affected, the National Highway Traffic Safety Administration said on its Web site.

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