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Chevrolet expanding into South Korea

Chevrolet, the most famous and best-selling General Motors brand, will expand into South Korea in 2011, the automaker said on Wednesday. Enthusiasts in South Korea are in for a treat: At the Busan International Motor Show where the announcement was made, Chevy showed a Camaro, which will be one of the products offered. Last year, Chevy accounted for 44 percent of GM's global sales and saw a sales increase of 21 percent over the previous year.

One lap of the Web: $52 million Ferrari 250 GTO, Alfa Romeo Montreal for sale and more bizarro engines

-- Even as the hammer fell on Juan Manuel Fangio's $30 million Mercedes-Benz W196R, we knew that that car wasn't the most expensive one ever sold -- it was merely the most expensive car sold at auction. Other cars were reported to have traded for a bit more in private sales. But now we have word of a car that absolutely blows the sale price of Fangio's little Silver Arrow out of the water: a 1963 Ferrari 250 GTO that sold to an undisclosed buyer for $52 million.

Honda recalls CR-V to fix control-arm problem

Honda is recalling about 1,300 copies of the 2006 CR-V to inspect and possibly replace the right-front lower control arm. Honda says that the part could have been made with an improper welding process. Over time the control arm could break at the weld.