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Get ready for the New GM

Unless there is some sort of major, unforeseen hiccup, the sale of General Motors' assets--creating a new company--is expected to close Friday. The new GM will be 60.8 percent owned by the U.S. Treasury.

Lotus named lead marque for Goodwood

Lotus will take a place of pride as lead marque at June's Goodwood Festival of Speed, backed by an expected record attendance of more than 40 historic racing Lotus models. “Lotus is an incredibly important British car marque, and we plan to have maybe the greatest concentration of a single marque that we've ever had at the festival,” said Lord March, whose Goodwood historic house provides the backdrop for the four-day event beginning on June 28. Emerson Fittipaldi will be reunited with his championship-winning Lotus 72 and an early Lotus 7 race car, a type that many drivers--including British Le Mans legend Derek Bell--cut their teeth on in their formative years.

2014 Toyota Highlanders recalled over seatbelt issue

Toyota has announced a recall of a number of 2014 Highlander SUVs, citing issues with one of the seat belts. Specifically, the seat belt assembly in the middle seat of the third row may not have been properly attached to a floor anchorage during factory assembly. The affected vehicles were built from November 20, 2013, to January 18, 2014.