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Rod's rare Lamborghini up for sale

A RARE LAMBORGHINI once owned by Rod Stewart is being sold - for nearly £1 million. The singer bought the two-door Lamborghini Miura P400S brand new in 1971, when it did 0-60 mph in 6.7 seconds with a top speed of 171mph - the fastest road car of its kind in the world at the time. The pristine four-litre blue sports car with silver trim has recently undergone a £100,000 restoration and is being sold on AutoTrader for £899,999.

SRT Viper logo redesigned for 2013

STR – Street and Racing Technology, Chrysler Groups' new, standalone performance brand – has unveiled the new logo for its 2013 Viper as it continues to tease the new version of its now iconic model. Designed by Chrysler designer Vince Galante, STR says that the logo, christened ‘Stryker', conveys the "sinister look and evil grin of the original, while giving it a more playful appearance." Galante also says the lines of Stryker are indicative of those that will feature on the 2013 STR Viper. Stryker will be the third design to grace the Viper series, following Sneaky Pete and Fangs and was selected from a number of suggestions at the 2010 Viper Owners Invitational.

U.S. is seeking a record $16.4 million fine against Toyota

The National Highway Traffic Safety Administration is seeking a historic $16.4 million civil penalty against Toyota for failing to notify the agency in a timely fashion of a throttle problem that could cause unintended acceleration, Transportation Secretary Ray LaHood said on Monday. The amount is the maximum penalty and would be the most NHTSA has levied against an automaker. The agency said Toyota waited at least four months to alert it of the potential pedal problem.