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U.S. new car sales surge at fastest pace in nearly 7 years

U.S. sales of cars and light trucks surged 9 percent in November 1.24 million units and rolled off dealership lots at the fastest pace in almost seven years. The industry's annualized sales rate, adjusted for seasonal factors, rose to 16.4 million last month, up from 15.3 million a year earlier and easily topping analysts' forecasts in the 15.8 million range.

Fisker reveals hardtop convertible Karma S concept

Alongside the production version of the Karma sedan at the Detroit Auto Show, Fisker debuted the second model to join the Karma range. The Karma S (for Sunset) concept is spawned from the same aluminum spaceframe that underpins the sedan, but loses a set of doors. A retractable hardtop covers the four-passenger interior.

Aston Martin Vantage upgraded for 2012

Aston Martin's Vantage receives upgrades for 2012, with the base Vantage V8 getting the most attention. The Vantage V8 retains the 4.7-liter, 420-hp V8 and six-speed manual as standard equipment, but it now will be offered with the optional seven-speed Sportshift II from the Vantage S. The automatic transmission has closer ratios, a lower final drive ratio and quicker shifts than the previous Sportshift unit.