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Volkswagen Phaeton will return to U.S. market

The Phaeton large sedan is coming back to Volkswagen's lineup in the United States, according to the head of the German plant that builds the car. VW pulled the $85,000 Phaeton from the U.S. market in 2006 after four years of falling short of sales expectations.

Tesla: Model S sales to begin in second quarter of 2012

Tesla Motors plans to begin delivering the Model S electric sedan in the second quarter of 2012 and expects to produce about 20,000 units annually, the company said at the Detroit auto show on Monday. Tesla has booked more than 3,000 reservations for the Model S in North America and Europe. The car's expected base price is $49,000.

Teen Driving: Gen Y delays earning licenses

From the environmentalists to the socially connected, trends indicate teens aren't in as much of a rush to earn a driver's license. In fact, almost half of 18- to 24-year-olds surveyed said they would pick Web access over their own car if they had to choose. Experts say social media sites in particular play a role by connecting teens without requiring them to leave their house.