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Chevrolet Code 130R, Tru 140S at 2012 Detroit show

Chevrolet's press conference at the 2012 North American International Auto Show was all about youngsters: namely the millennials, or 11-30-year-olds who hold increasing consumer power. GM reckons there are 80 million of them in the US, and they account for $1 trillion of spending power. So it's worth taking them seriously.

1958 Ferrari Berlinetta sells for $3.6 million at RM auction in London

A 1958 Ferrari sold for $3.6 million at RM Auctions' annual event in London on Oct. 26. But other top lots--including another Ferrari, a Lamborghini and an Aston Martin--failed to reach the reserve price for a sale.

2014 Chevrolet Cruze Turbo Diesel to deliver 46 mpg on highway

General Motors said the 2014 Chevrolet Cruze Turbo Diesel will deliver an estimated 46 miles per gallon on the highway, besting the company's initial target by four mpg. The estimate is also good enough to top the rival 2013 Volkswagen Jetta diesel, which achieves 42 mpg on the highway. The Cruze's 2-liter turbo diesel engine produces 148 horsepower, compared with 140 hp for the Jetta diesel.