Vintage Bayliner Liberty Emblem - 1976 - Set Of 3 on 2040-parts.com

Spyker, Youngman agree on joint venture

Dutch supercar maker Spyker and the Chinese Youngman Group have agreed on a joint venture to build a new super sport utility vehicle and a group of sedans based on Saab's Phoenix platform. The SUV is scheduled to hit the market by the end of 2014, while no dates for the Phoenix-based sedan were announced. Youngman will invest 10 million euros in Spyker, 7 million of which will be for stock shares constituting 29.9 percent of the supercar company.

VW Beetle Turbo, Jetta GLI get power increase

Volkswagen's 2.0-liter turbocharged four-cylinder engine is getting a 10-hp boost; the engine is now rated at 210 hp while torque remains unchanged at 207 lb-ft. The engine will be available on the Volkswagen Beetle Turbo coupe and convertible and the Jetta GLI sport sedan. VW claims the new engine shaves 0.2 seconds off the Beetle Turbo's 0-60 mph time, which is now estimated at 6.6 seconds.

Hendrick buys first Corvette Stingray

Race team owner and car dealer Rick Hendrick bought the first 2014 Chevrolet Corvette Stingray, VIN 0001, at the Barrett-Jackson car auction in Scottsdale, Ariz., on Jan. 19. Hendrick's winning bid was $1.05 million, for a car that's estimated to have a sticker price around $60,000.