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Fiat gets approval to purchase Bertone coachbuilding business

Fiat S.p.A.'s bid for Carrozzeria Bertone S.p.A. was approved Thursday by the Italian government. Fiat will invest $215.9 million (150 million euros) over three years in the struggling contract manufacturer that has produced models ranging from the Lamborghini Miura to the Volkswagen Polo during its 96 years in business.

Why Steve McQueen canceled a $3 million life insurance policy

Spurred by the story of our ride in Steve McQueen's Jaguar XKSS, Richard Haight felt inclined to chime in with the fact that he not only raced motorcycles with (and against) McQueen, but knew him all the way until the King of Cool's death. Haight raced motorcycles on and off for 50 years. McQueen would come and race at the local American Motorcycle Association District 37, usually entering under assumed names like "Harvey Mushman" to enjoy some semblance of normality.

2014 Toyota Highlander Hybrid to start at $46,370

Between the sexy Jaguar F-Type Coupe and the SLS AMG Final Edition reveals at the LA Auto Show, Toyota took the wraps off its 2014 Highlander Hybrid SUV. And, like the Christopher Lambert classic, there can be only one. For 2014, the hybrid will get a small bump in price from $46,370 to $47,300, not including destination.