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Ferrari electric 4×4 confirmed

The next generation Ferrari 612 will be offered with an electric 4x4 option. Six months ago we reported that Ferrari were working on a four wheel drive system utilising electric motors to drive the front wheels. But Ferrari’s raison d’etre isn’t really about economy – although even they have to pass a nod to current eco concerns – rather about performance and handling.

Hendrick buys first Corvette Stingray

Race team owner and car dealer Rick Hendrick bought the first 2014 Chevrolet Corvette Stingray, VIN 0001, at the Barrett-Jackson car auction in Scottsdale, Ariz., on Jan. 19. Hendrick's winning bid was $1.05 million, for a car that's estimated to have a sticker price around $60,000.

Chrysler issues recall for steering-column fix

Buyers of 11,351 Chrysler products will be getting a recall notice to fix a problem in the steering column. The recall covers 2011 models of the Chrysler 200 sedan and convertible and the Town & Country minivan; the Dodge Avenger sedan, the Caliber, Nitro and Journey SUVs, and the Grand Caravan minivan; and the Jeep Compass, Liberty, Patriot and Wrangler SUVs. The steering column in some of those vehicles might be missing a pivot rivet, or the rivet may have been installed incorrectly.