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The 2011 Volkswagen Touareg rolls out with a new hybrid powertrain

Volkswagen is banking on the fuel-saving properties of a new gasoline-electric hybrid drivetrain and what it describes as a wholesale improvement in quality levels to bolster North American sales of its second-generation Touareg. This new Touareg represents VW's first foray into the premium-hybrid-SUV market, which includes gasoline-electric entries from BMW, Lexus, Mercedes-Benz and Cadillac, among others. Further competition will come from a similarly powered version of the new Porsche Cayenne, alongside which the new Touareg was developed.

1957 Ferrari sells for record $12.1 million at auction

A 1957 Ferrari 250 Testa Rossa once again blew away the competition, setting a world record for cars sold at auction when it fetched an eye-popping $12.1 million on Sunday at an event on the grounds of the Ferrari factory in Maranello, Italy. The Testa Rossa was one of just 22 produced from 1957 to 1958, and the Scaglietti design is marked by prominent pontoon fenders. The cars also were successful racers, winning 10 of the 19 international races they entered from 1958 to 1961.

Record breaking Bluebird reunited with nose

WORLD LAND SPEED RECORD holder Sir Malcolm Campbell’s Bluebird CN7 car has been reunited with its original nose. The car’s original nose was damaged and then kept in Coventry since 1960, but it has now been brought back to the car that lives at the National Motor Museum at Beaulieu, Hampshire. Damaged during a World Land Speed Record attempt on the Bonneville Salt Flats in Utah, USA, the nose of the car was sent back to Coventry for repairs and an updated design to help make the car more stable at very high speeds.