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U.S. car sales surge 19 percent in May

All major automakers except Toyota reported double-digit U.S. sales gains in May, as the light-vehicle sales rate hit its highest level since December. Sales rose 19 percent from May 2009, marking the eighth-straight monthly increase, the longest such streak since June 2000, according to Bloomberg Data.

GM returning to leasing with luxury vehicles

General Motors will return to the leasing business focusing on luxury vehicles, but not on a broader basis, Vice Chairman Bob Lutz said. "We will get back into leasing, but we are not going to use massive subsidized leasing to drive volume because it's volume without profitability," Lutz said July 29 in an interview with Automotive News. "We'd rather sell less at higher profit than sell more at lower profit." Lutz said it still would make sense for GM to do more leasing on its luxury vehicles.

Celebrity chef Guy Fieri's stolen Lamborghini recovered a year later

While it might seem that a thief disappearing into the night with a celebrity's Lamborghini would be something out of a Nicholas Cage movie, it proves that truth sometimes is stranger than fiction. In May 2011, someone broke into the British Motor Car Distributors dealership in San Francisco one night and drove off with a yellow 2008 Lamborghini Gallardo Spyder. The Lambo, owned by celebrity chef and friend of Autoweek Guy Fieri, was seemingly lost forever.