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Lincoln shows restored 1934 Edsel Ford Speedster at Pebble Beach

Lincoln unveiled Edsel Ford's restored 1934 Model 40 Special Speedster on Friday during a ceremony on the lawn at Pebble Beach. The one-off car, lost for more than 40 years, was acquired by the Edsel and Eleanor Ford House in 2009 and treated to a complete restoration. According to the company, Edsel Ford originally commissioned the Speedster after visiting Europe and growing enamored of the small sports cars on the continent.

Britain leads bumper year for Ferrari

FERRARI may be struggling on the Formula One track, but its bank accounts are in fine shape after profits reached new record highs. After delivering 3,631 cars in the first six months of the year – 3.6% fewer than the me period in 2013, in line with the company's plans to reduce deliveries – revenues were up 14.5% to almost £1.35 billion. Profits rose 5.2% to £185 million, which should pay for a good send-off for the outgoing Ferrari Chairman Luca di Montezemolo after his 23 years of service.

Fiat Chrysler recalls 500L, Grand Cherokee and Durango

Fiat Chrysler Automotive (That's going to get annoying) announced a voluntary recall of the 2014 Fiat 500L for a problem with the six-speed dual-clutch transmission. The company also recalled the 2012-2013 Jeep Grand Cherokee and Dodge Durango for a problem with the braking system. With the Fiat, the transmission can be slow to shift out of park or to engage other gears.