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End of the road for Mercury

Mercury has stood for hot-rodding, performance, style and even feminine appeal during various points in its 72-year history. But ultimately, the failure to stand alone in the Ford Motor Co.'s family of brands spelled its demise. Mercury, a brand founded by company scion Edsel Ford, will be shuttered as Ford concentrates its efforts on the core Ford brand and luxury-level Lincolns.

Ferrari joins the Queen’s Diamond Jubilee Pageant

Ferrari joins the Queen's Diamond Jubilee Pageant Ferrari joins the Diamond Jubilee Pageant at Windsor castle and are bringing the 4th Mounted Carabinieri Regiment with them. With all things Diamond Jubilee filling the social scene (at least this side of London 2012) for the summer, even car makers are getting in on the act. We’ve already had Bentley deliver a Diamond jubilee Mulsanne as their version of a commemorative tea towel, and now Ferrari is chucking its hat in the Diamond Jubilee ring.

Chevrolet Sonic gets $14,495 base price

The new Chevrolet Sonic small car--which replaces the Aveo in Chevy's lineup--carries a base price of $14,495 for the sedan and $15,395 for the hatchback, including shipping charges, when it goes on sale this fall. The 2012 Chevy Sonic sticker price is a jump of $2,249 to $3,005 above the 2011 Aveo, but the Sonic is a new design that includes more standard equipment. It rides on General Motors' new Gamma platform.