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Steering issue to prompt Lexus recall

Toyota is poised to recall nearly 4,000 Lexus luxury sedans in the United States, and 11,500 worldwide, to fix an issue with the car's steering. The recall will cover the Lexus LS, the flagship sedan of the Lexus lineup. The recall will also cover LS sedans sold in Japan, Europe and China.

Bernie Ecclestone's daughter buys pricey house in Los Angeles

After nearly three years, Candy Spelling has finally found a buyer for her Los Angeles mansion (which some would call a castle)--the daughter of Formula One commercial boss Bernie Ecclestone. Petra Ecclestone, 22, will be the new owner of the 57,000-square-foot home in Holmby Hills, according to the Wall Street Journal. Spelling was asking $150 million for the joint, which puts it among the most expensive homes in the country, according to the newspaper.

Volvo S60 (2010): more details, photos, video

  Volvo is pitching the new S60 saloon as a far sportier drive than the old model, which ceased production a full year ago. The 2010-spec Volvo S60 remains a four-door saloon, although the Swedes are at pains to point out its coupéness, with a sweptback C-pillar and plunging roofline. It looks slippery and the drag coefficient stands at 0.28.If the company’s claims are anything to go by, the S60 could dramatically move the needle on our perceptions of the Volvo brand.