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More than 800 cars apply for Monterey Motorsports Reunion

The 2012 Rolex Monterey Motorsports Reunion will celebrate the 50th anniversary of the Shelby Cobra, and more than 800 applications for participation have been received. There will be 17 race groups at the track Aug. 17-19, but participation is limited to 550 cars.

Half of all used cars go wrong ‘within a month’

With over seven million secondhand cars purchased in 2012, you’d expect one or two to develop a problem soon after purchase. But rather shockingly, as many as half of all used cars sold develop faults within a month of changing hands. That’s according to a report by the Citizens Advice Bureau, which helped with over 84,000 problems with secondhand motors in the past 12 months.

Chevrolet Volt leads satisfaction survey

The Chevrolet Volt plug-in hybrid has topped Consumer Reports' latest owner-satisfaction survey after its first year on the market. The magazine said 93 percent of respondents who own a Volt said they would definitely purchase one again, making it the highest-rated car in the annual poll. Two second-place finishers, the V8-powered Dodge Challenger and the Porsche 911, drew the most-favorable grade from 91 percent of buyers.