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VIDEO: Classic-car driver training encourages teens to pilot vintage iron

Thirty lucky kids learned to drive classic cars at the Automotive Hall of Fame in Dearborn, Mich., on Friday in celebration of Collector Car Appreciation Day. Hagerty Insurance partnered with local classic-car owners for the inaugural event, which aimed to foster an interest in vintage cars among young drivers and to introduce them to manual transmissions. Hagerty said today's teens rarely have access to manuals, since about 90 percent of new cars have automatic transmissions.

Rare Ferraris head to Pebble Beach Show

Two collections of eye-catching and rare Ferraris will be reunited in August at the Pebble Beach Concours d'Elegance. The Monterey event will play host to 10 1949 166 MM Touring Barchettas and the only four TR 59 race cars believed to be in existence. The significance of the 166 MM Touring Barchetta--like that of many Ferraris--is twofold.

Investor group wants to buy Saturn, sell overseas brands

An investor group called Telesto Ventures says it wants to acquire Saturn's retail operations and provide dealers with vehicles from General Motors through 2011 and mostly overseas manufacturers thereafter. A GM spokesman said today the group's proposal is legitimate and "very interesting." "I can tell you this is one of the interested parties with Saturn, and we have been working with them throughout this process," said spokesman Steve Janisse. "There are other interested parties as well who we're working with.