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Gar Wood's Miss America VIII race boat to be auctioned in Florida

Famed boat racer Gar Wood's two-time Harmsworth Trophy-winning race boat, Miss America VIII, will be offered at Mecum's Kissimmee Auction on Jan. 28 in Kissimmee, Fla. Wood piloted the boat to the Harmsworth Trophy in 1929 and 1931, the latter event witnessed by more than 600,000 people gathered on the shores of the Detroit River to watch.

Subaru WRX (2014) first official pictures

By Ollie Kew First Official Pictures 21 November 2013 10:30 This is the new Subaru WRX, albeit in US-market spec. Subaru hasn’t yet decided whether or not to offer the new-era ‘Impreza’ in the UK, though CAR understands the WRX would be pitched as a range flagship and priced above the £25k BRZ sports coupe. Read on to find out what the UK stands to miss out on… In a surprise to precisely no-one, the new WRX uses a turbocharged boxer four-cylinder engine, driving all four-wheels via a choice of six-speed manual or a CVT transmission.

U.S. auto sales continue to plunge in February

February sales for each of the top six U.S. automakers plunged more than 37 percent in February--the worst month since December 1981. "We are in an automotive depression amid 'The Great Recession,' " Standard and Poor's analyst Efraim Levy said in a report.