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Study finds teens model driving habits after parents

Teen driving habits are heavily influenced by those of their parents, according to a recent study by Toyota and the University of Michigan Transportation Research Institute. Good or bad, teens are likely to model their level of distraction and attention to safety after their parents, according to the national study that surveyed teen drivers ages 16 to 18 and parents of teen drivers. In general, parents who engage in distracting behaviors more frequently have teens who engage in distracting behaviors, according to the study.

GM, Koenigsegg sign deal on Saab sale

General Motors Co. reached a deal Tuesday to sell its money-losing Swedish subsidiary Saab to Koenigsegg Group AB. The companies signed a stock purchase agreement that would give the tiny Swedish supercar maker 100 percent of Saab's shares, GM Europe said in a statement.

Cadillac launches four-year maintenance program for all 2011 models

America's luxury brands are seemingly engaging in a game of high-stakes maintenance. Days after Lincoln launched a three-year/45,000-mile program for new cars bought or leased this summer, Cadillac has upped the ante. Cadillac is offering four years or 50,000 miles, besting Lincoln in time and travel.