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BMW celebrates 25th anniversary of the 8-series

BMW is celebrating the 25th anniversary of the debut of the BMW 8-series, which premiered at the 1989 Frankfurt Motor Show. That's right, the 8-series has been with for 25 years. And yes, 1989 was a quarter of a century ago, as if we needed another reminder of just how old we're getting.

U.S. new car sales surge at fastest pace in nearly 7 years

U.S. sales of cars and light trucks surged 9 percent in November 1.24 million units and rolled off dealership lots at the fastest pace in almost seven years. The industry's annualized sales rate, adjusted for seasonal factors, rose to 16.4 million last month, up from 15.3 million a year earlier and easily topping analysts' forecasts in the 15.8 million range.

Porsche Panameras recalled for seatbelt fix

Porsche is recalling all 11,300 units of the 2010 Panamera to fix a problem with the front seatbelts. According to Porsche, the Panamera's seatbelt mounts could fail in a crash when the front seats are in the full forward position. No injuries have been reported.