Aluminum Trans Heavy Duty Trolling Motor Bracket on 2040-parts.com

Future products: Mitsubishi turns focus to small, global cars

Major updates to Mitsubishi's products are on the back burner as the company concentrates on developing small cars that can be sold around the world. That means the future is uncertain for the Galant, Endeavor and Eclipse and Eclipse Spyder, which Mitsubishi builds in the United States. A top priority is a global small car expected to go on sale here by the end of 2012.

Ferrari 250 GTO hitting Bonhams in August – but how much will it sell for?

Will the Violati Ferrari 250 GTO (pictured) break the $60 million barrier? The last Ferrari 250 GTO Series 1 to hit auction rooms in 2012, fetched a remarkable $35 million, and last year another 250 GTO – chassis #5111 – was sold in a private deal thought to be worth $52 million. And now another Series 1 250 GTO is about to hit the sale room.

Steering issue to prompt Lexus recall

Toyota is poised to recall nearly 4,000 Lexus luxury sedans in the United States, and 11,500 worldwide, to fix an issue with the car's steering. The recall will cover the Lexus LS, the flagship sedan of the Lexus lineup. The recall will also cover LS sedans sold in Japan, Europe and China.