Carbon Fiber Wing on 2040-parts.com

Saab on the road to independence

You’ve got to feel for Scandinavian car makers Saab and Volvo. Both swallowed up by big US car makers, and both now being abandoned in a vulnerable position after years of integrating their once independent products in to their parents infrastructure, they must wake up every day wondering if this is the day it all goes bang. Ford is simply trying (increasingly desperately) to off-load Volvo, but GM, which is in a much more precarious position than Ford, has now abandoned its Swedish child in a desperate attempt to appease Congress and survive.

One lap of the Web: $52 million Ferrari 250 GTO, Alfa Romeo Montreal for sale and more bizarro engines

-- Even as the hammer fell on Juan Manuel Fangio's $30 million Mercedes-Benz W196R, we knew that that car wasn't the most expensive one ever sold -- it was merely the most expensive car sold at auction. Other cars were reported to have traded for a bit more in private sales. But now we have word of a car that absolutely blows the sale price of Fangio's little Silver Arrow out of the water: a 1963 Ferrari 250 GTO that sold to an undisclosed buyer for $52 million.

VW releases sketch of U.S.-made sedan

Volkswagen of America has released a sketch of its new mid-size sedan that will go on sale in the fall of 2011 as a 2012 model-year car. The factory currently being built by VW in Chattanooga, Tenn., will start producing cars in the spring of 2011. Sales of the mid-size sedan will be at least 100,000 units annually at full capacity.