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Volkswagen debuts special edition Touareg X

The Volkswagen Touareg has been with us for ten years -- hard to believe -- and in that time Volkswagen has sold more than 121,000 examples of the SUV in the U.S. alone. And for the 2014 model year Volkswagen will be releasing a special edition of the Touareg, first ever for the nameplate, dubbed the Touareg X.

Video: Targa Newfoundland claims a Ferrari Enzo

While competing in the 2011 Targa Newfoundland Rally, driver Zahir Rana crashed his highly customized Ferrari Enzo into the Atlantic Ocean. Both Rana and his navigator, Roland Linder, were unharmed in the incident, and the vehicle appears to be in good cosmetic shape despite its submerged state. With an infinitely better attitude than most, Rana and Linder expressed their perspective on competitive risks and their outlooks on returning to racing.

GM, Koenigsegg sign deal on Saab sale

General Motors Co. reached a deal Tuesday to sell its money-losing Swedish subsidiary Saab to Koenigsegg Group AB. The companies signed a stock purchase agreement that would give the tiny Swedish supercar maker 100 percent of Saab's shares, GM Europe said in a statement.