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Rare Porsches--even a tractor--gather in Illinois for annual event

It's not often that Americans see more than a couple dozen Porsches in one spot at the same time. But those who make it to the annual Porsche Club of America Parade in St. Charles, Ill., can wander among seven hundred Porsches of all ages--even a tractor--from the United States and Canada.

Ferrari 458 Italia recall?

Just 1 of at least 10 Ferrari 458 Italia Fires Update 1/9/2010: It took Ferrari a while to catch up with our story – well, a couple of days – but they got there. Ferrari say the fires on the 458 Italia are caused by the glue attaching a heat shield catching fire under high temperatures. Which sounds extremely odd, but that’s the explanation.

Honda readies its jet airplane -- for real this time

Honda would like to remind you that while journalists have spent the last few years fretting whether the Big H has "lost its way," the company has quietly launched, shelved, resurrected, and all but waited out its plan to dominate the business-jet skies, which we are to assume are less friendly than United's. The HA-420 HondaJet has been kicking around for more than 10 years now, but the very first production-ready plane just rolled off the assembly line in Greensboro, N.C., this week -- and, Honda promises, the $4.5 million business jet should be delivered in the second quarter of next year. Honda began taking orders for the jet in 2006, but the long recession squashed the market for private jets.