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NHTSA to study power-steering complaints in the Toyota Corolla

U.S. highway safety officials will begin a formal investigation into electric power steering complaints in the Toyota Corolla, a person familiar with the plan said. The National Highway Traffic Safety Administration study will focus on vehicles from the 2009 and 2010 model years, said the person, an agency representative who didn't want to be identified before an announcement is made.

Amelia Island concours celebrates birthday of fake sports car--46 years early

The fictional Italian grand marque 1958 Pignatelli sports car has joined the lineup for the 2012 Amelia Island Concours d'Elegance. The 17th-annual event will celebrate the cartoon vehicle's 100th anniversary, 46 years early, in March. "Because all but two people involved with the Amelia Island concours will be dead by 2058, we don't want to wait," concours chairman Bill Warner said.

Penske calls off Saturn deal, brand will close

IndyCar team owner and dealer magnate Roger Penske will not buy Saturn and the brand will be shuttered, General Motors said Wednesday. GM said Penske called off discussions after failing to line up more future products. Penske had been in talks with Renault for vehicles.