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Third Tesla Model S catches fire

Update: According to an Automotive News report, "NHTSA said it will contact local authorities about the latest fire 'to determine if there are vehicle safety implications that merit agency action.'" The agency had previously backed away from an investigation after determining that vehicle defects were not to blame for the fire in early October. Just after Tesla Motors reported a $38 million third-quarter loss and within a few weeks of two other car fires, a third Model S sedan reportedly burned on the highway near Smyrna, Tenn. The Tesla Motors Club forum supplied photos of the crash, which occurred around 1:30 Wednesday afternoon, in addition to intense speculation on the cause of the fire.

Tis the season

It's time to once again show the world your giving spirit. The annual Championship Auto Racing Auxiliary (CARA) auction of racing items—cool stuff gathered during the 2012 racing season—is underway. The CARA auction is run in association with Autoweek and can be found here, at autoweek.com.

Volvo announces engines for upcoming V60 Sportswagon

Volvo has been listening to its American admirers. That's why next year we're going to get the fastest and most powerful wagon in Volvo history. Yes, it sounds like a good chunk of Volvo's U.S.