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Lexus ranks highest in J.D. Power dependability study

Lexus remains the most dependable vehicle brand after three years of ownership but the Detroit 3 continue to close the gap with foreign rivals, J.D. Power and Associates says. Lexus, Porsche, Lincoln, Toyota and Mercedes-Benz top Power's 2013 Vehicle Dependability Study.

One lap of the Web: Ponycar birthdays, forgotten Hungarian racetracks and an Acura NSX

Chevy took some time this week to say happy birthday to its archrival, the Ford Mustang. The bowtie brand said that "healthy competition" between the Camaro and Mustang has been a "driving force for constant improvement." Check it out over at World Car Fans. Petrolicious has a handful of photos from a nearly forgotten track in Budapest, Hungary.

Chrysler sold in £3.76 billion deal

By Ben Whitworth Motor Industry 17 May 2007 09:38 Chrysler has been sold. In one of the biggest private equity deals seen in the automotive industry, Cerberus Capital Management has purchased 80.1% of Chrysler in a £3.76billion deal, leaving DaimlerChrysler with the remaining 19.9% stake in the loss-making company. The move marks the close of arguably the most high-profile transatlantic merger and shuts the door on Canadian car assembly giant Magna and billionaire Kirk Kerkorian, who last month offered £2.27billion for Chrysler.