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Harley-Davidson to shutter Buell motorcycle brand, will sell Italian division

Harley-Davidson is axing two notable brands as it refocuses on its core business. The iconic American motorcycle producer said on Thursday that it will kill the 26-year-old Buell brand and will sell recently acquired Italian motorcycle company MV Agusta. The announcement came as Harley revealed its third-quarter financial results, which saw its earnings and sales slip as it deals with the global economic conditions.

2011 BMW 5-series: Bavaria's midsize sedan takes cues from bigger 7-series brother

BMW's appetite for controversial design may have waned since the heights of former design boss Chris Bangle's oft-derided flame surfacing stratagem. But it shows no sign of fading completely, as we see in the first official photographs of the new sixth-generation 5-series, which goes on sale in North America by mid-2010. Codenamed F10, BMW's midsize sedan is restyled and reengineered in a bid to keep it ahead of key rivals such as the recently renewed Mercedes-Benz E-class and the Audi A6.

Russo and Steele's Arizona auction closed Friday as weather wreaks havoc

The Russo and Steele auction site in Scottsdale, Ariz., was closed Friday morning--and may not open to the public at all during the day--as city and auction officials assess damage after high winds Thursday night ripped tents from their anchors and damaged several cars. Scottsdale police were not letting anyone into the site as collapsed tents and metal beams remain a hazard. One person was treated for minor injuries.