Ferrari F12 Berlinetta to be auctioned for Sandy victims

Ferrari is doing its part to help Hurricane Sandy victims by auctioning off the first F12 Berlinetta that will be sold on American soil. The base price of Ferrari's halo model is about $315,000. We'd expect this one to go for much more than that.

New Saab 9-5 (2010): Tons of detail +video

The New Saab 9-5 UK The start of 2010 saw a flurry of stories on Saab as the battle lines were drawn to see who would grab control of GM’s troublesome Swede. Eventually – after many false dawns – that fell to Dutch maker of quirky supercars Spyker who – much to the amazement of all – seem to have a very cohesive forward plan for Saab. Forward plans are all very well, but what matters in the short term is making the most of what you already have.

Clunkers records $2.88 billion in rebates

Dealers submitted a total of 690,114 cash-for-clunkers deals for $2.88 billion in rebates by last night's 8 p.m. deadline, coming in under the $3 billion budget for the popular program, the U.S. Transportation Department said today.