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VIDEO: Classic-car driver training encourages teens to pilot vintage iron

Thirty lucky kids learned to drive classic cars at the Automotive Hall of Fame in Dearborn, Mich., on Friday in celebration of Collector Car Appreciation Day. Hagerty Insurance partnered with local classic-car owners for the inaugural event, which aimed to foster an interest in vintage cars among young drivers and to introduce them to manual transmissions. Hagerty said today's teens rarely have access to manuals, since about 90 percent of new cars have automatic transmissions.

Monterey auctions set sales records

Monterey 2012 entered the record books not only besting all previous sales totals, but also producing some astonishing individual sales results. Although final numbers are not in, the folks at Hagerty Insurance had observers at each auction who kept a running total while every car crossed the block. Expect the total numbers to go up as postblock deals were being put together by each auction house.

U.S. new car sales surge at fastest pace in nearly 7 years

U.S. sales of cars and light trucks surged 9 percent in November 1.24 million units and rolled off dealership lots at the fastest pace in almost seven years. The industry's annualized sales rate, adjusted for seasonal factors, rose to 16.4 million last month, up from 15.3 million a year earlier and easily topping analysts' forecasts in the 15.8 million range.