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Harley-Davidson to shutter Buell motorcycle brand, will sell Italian division

Harley-Davidson is axing two notable brands as it refocuses on its core business. The iconic American motorcycle producer said on Thursday that it will kill the 26-year-old Buell brand and will sell recently acquired Italian motorcycle company MV Agusta. The announcement came as Harley revealed its third-quarter financial results, which saw its earnings and sales slip as it deals with the global economic conditions.

Rolls-Royce teases Wraith before Geneva motor show

Rolls-Royce has revealed the first actual photo of the upcoming Wraith coupe, which will debut at the Geneva motor show in March. The first teaser image was just smoke in the shape of the Spirit of Ecstasy hood ornament, but this photo shows the actual shape of the car. Last week we reported that the big coupe will most likely carry a 6.0-liter V12 engine that should create about 600 hp, and that the car will be about 7 inches shorter than the four-door Ghost.

GM, Chrysler get cold shoulder from consumers, report says

General Motors and Chrysler clearly have an image problem. In a classic case of: "It's not me--it's you," fewer consumers are considering the two Detroit automakers in the wake of their pleas for government assistance and bankruptcy rumors. The share of buyers who would make a GM car their primary choice fell 12 percent, and the share of Chrysler intenders dropped by one third, according to a study released Thursday by CNW Research of Bandon, Ore.