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Daimler considers building Mercedes C-class in U.S.

Daimler AG could move some production of the Mercedes-Benz C-class to the United States from Germany, a German newspaper reported Wednesday. The Stuttgarter Zeitung said some C-class production could be transferred to the carmaker's plant in Vance, Ala., from Sindelfingen, near Stuttgart, as part of a wider production shakeup planned by Daimler to reduce costs. In the future, the C-class sedan could be built in three locations: Bremen, Germany; Vance, Ala., and in China, the newspaper said.

Volume sales of plug-in Toyota Prius to begin in two years

Toyota will start leasing 150 of its Prius plug-in hybrids in the United States this winter and plans retail sales of tens of thousands in two years. The North American arrival, scheduled for around February, is part of a global rollout of 600 units. With a longer electric-only cruise range than the standard Prius, the plug-in is Toyota's answer to the Chevrolet Volt extended-range hybrid being launched next year by General Motors Co.

1965 Shelby Daytona Cobra sells for $7.25 million at Monterey auction

The championship-winning 1965 Shelby Daytona Cobra Coupe CSX2601 sold for a record $7.25 million on Saturday at an auction in Monterey. The sale is believed to be a record for an American car at auction. Bob Bondurant drove it to victory in the 12 Heures du Reims--fittingly on the Fourth of July in 1965 to secure the FIA title.