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Chrysler investigated after collapse of Getrag deal

The state of Indiana is investigating Chrysler LLC for securities fraud over the collapse of a joint venture with Getrag Transmission LLC. Jim Gavin, a spokesman for Secretary of State Todd Rokita, today confirmed a Kokomo Tribune report that said the investigation began two weeks ago. "There have been no complaints or allegations made," the paper quoted Rokita saying in a speech Tuesday.

Video: Ferrari F70 caught drifting at Fiorano

0-60 tipped us off to this short video of Ferrari's forthcoming Enzo successor drifting its way around Ferrari's Fiorano test track. The F70's V12 can be heard, though there's no evidence of the rumored KERS-like hybrid system. Ferrari tells us to expect a sub-2,500-pound curb weight, and we're also hearing the 920-hp figure bandied about.

1884 De Dion Runabout sells for $4.62 million at RM auction

Two weeks ago we told you about one of the world's oldest running motor cars going up for auction in Hershey, Pa. That car, the 1884 De Dion Bouton Et Trepardoux Dos-A-Dos Steam Runabout, sold on Oct. 7 for more than double its estimated price--a cool $4.62 million.