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British driver breaks speed record for steam-powered car

One of the world's oldest speed records has gone up in smoke--or rather, steam. Charles Burnett III drove a steam car to an average speed of 139.843 mph over two runs in California to beat the 103-year-old record of Fred Marriott. Burnett peaked at 136.103 mph on the first run, then he accelerated to 151.085 mph on the second run less than an hour later.

Ford completes sale of Volvo to China's Geely

Ford said today it has completed the sale of Volvo Cars to Zhejiang Geely Holding Group for $1.8 billion. Divesting Volvo completes Ford CEO Alan Mulally's strategy of exiting European luxury brands to focus on the core Ford brand, following the U.S. carmaker's 2007 sale of Aston Martin, and of Jaguar and Land Rover to India's Tata Motors Ltd.

Mercedes GLA Concept: OFFICIAL

Aimed at cars like the BMW X1 and Audi Q3, the GLA is a good-looking compact SUV that carries much of what’s good about the new A-Class, raises its ride height, adds a few butch bits and creates a car that will probably have more appeal for owners of the old A-Class than the new A-Class does. The GLA heading for the Shanghai Motor Show sports a 2.0 litre turbo with 208bp, 4MATIC and a 7G-DCT gearbox – which we guess makes it a GLA 250 – and sports something new – laser headlights that function as projectors. The GLA features a pair of cameras on the front of the roof rails that can take 3D HD images and can be removed if you want to use them for mountain biking or jet-skiing or whatever floats your sporty boat.