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Historic Brough Superior hits the auction block

Motorcycle pioneer and racer George Brough's 1925 prototype Brough Superior SS 100 Alpine Grand Sport has a shot at breaking the world record for motorcycles at auction on Dec. 15. The iconic piece from the Michael FitzSimons collection could fetch $600,000 to $700,000 at the New York auction house Phillips de Pury & Co.

Volvo offers 250 Polestar Limited Edition C30s for U.S.

The 2013 Volvo C30 Polestar Limited Edition will be available in the United States in limited numbers for a sticker price of $32,445, including $895 in destination. The 2.5-liter five-cylinder engine receives an upgrade of 23 hp and 37 lb-ft of torque, leading to a total output of 250 hp and 273 lb-ft. Volvo says the power boost comes from increasing airflow into the combustion chambers and advancing spark timing.

Chrysler posts first net profit since bankruptcy

Chrysler Group--the U.S. automaker that has survived two ownership changes and a U.S. bailout in the past four years--on Monday reported its first net profit since emerging from bankruptcy in June 2009.