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Is Ferrari for sale?

Reports out of Europe have Fiat considering selling a big chunk of Ferrari S.p.A. to raise cash so it can increase its stake in Chrysler Group to 51 percent. The Italian newspaper Il Corriere della Sera said it has gathered information at Fiat’s Turin headquarters and reported Fiat wants to raise cash to fund buying 51 percent of Chrysler, up from the 20 percent it owns now.

Used-car shoppers should watch out for potential flood damage

Heavy spring rains swelled rivers such as the Mississippi and flooded numerous towns. You might have stayed dry, but there's still a risk of being affected--if you wind up with a flood-damaged car. Large sections of the Midwest and the Southeast flooded because of heavy winter snow and an especially wet spring.

Drivers 'not prepared for winter'

MANY DRIVERS are poorly prepared for the perils of winter motoring, according to the Highways Agency. As many as 45% of motorists do not make vehicle checks before the onset of bad weather and 28% do not take emergency kits. The agency's research also revealed that 53% of drivers do not even carry a de-icer.