Vauxhall Corsa D Sri Alloy Wheel Centre Cap X1 on 2040-parts.com

Cuba loosens some limits on selling cars

For decades, driving down the streets of Cuba was like entering an automotive time warp. The streets are full of cars from the 1950s, and there's virtually nothing modern. But with an announcement by President Raul Castro last week, the strict rules are going to be relaxed a bit, and Cubans and foreign residents now have the right to buy and sell cars made after 1959.

VW further lifts veil on new midsize sedan

Volkswagen of America Inc. has released new teaser images of the mid-sized sedan slated for assembly in Chattanooga, Tenn. The German design influence is apparent in the three renderings, which show front, side and rear views of the coming sedan, which is larger than the Passat.

Money flows at Monterey Auctions

Buyers of classic vehicles have dug deep into their pockets at auctions on the Monterey Peninsula, easily topping the sales totals from last year with one auction still remaining. More than $203 million has been spent on 704 vehicles, for an average sale price of $288,360. In 2011, the auction houses set a record for total sales during Pebble Beach week at $197,732,538 having been spent on 881 vehicles for an average sale price of $224,441.