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This week in 1994: We meet the Rolls-Royce Flying Spur

Rolls-Royce introduced the Flying Spur in 1994 as the fastest vehicle the brand had ever made. Its top speed was 140 mph and it flew to 60 mph in seven seconds flat with the help of the 6.75-liter turbocharged V8 under the hood. The only catch?

Daimler takes 10 percent stake in EV maker Tesla

Daimler AG has acquired an equity stake of nearly 10 percent of California electric car maker Tesla Motors Inc., the German automaker said Tuesday. The two companies have been working together to integrate Tesla's lithium-ion battery packs and charging electronics into the first 1,000 units of Daimler's electric Smart car. Daimler said its stake in Tesla will allow the companies to collaborate even more closely on the development of battery systems, electric drive systems and in individual vehicle projects.

The hot-rodding world's Great 8: Video

February in Detroit means a few things: winter is almost over, the Red Wings are making a playoff push and the Detroit auto show has come and gone. There's no better time for tens of thousands of customizers to descend on the city's Cobo Hall for the annual Autorama, the premier hot-rod and custom show in the country. We told you about this year's Ridler Award winner, Dwayne Peace of Tyler, Texas.