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IN BRIEF

DETROIT — General Motors is recalling nearly 293,000 Chevrolet Cruze compact cars in the U.S. because the power-assisted brakes can fail.

The recall affects Cruzes made in Lordstown, Ohio, from the 2011 and 2012 model years that are equipped with 1.4-liter turbocharged gasoline engines and 6T-40 six-speed automatic transmissions.

It's the eighth recall of the car since it was introduced in September of 2010, according to records compiled by the National Highway Traffic Safety Administration.

The company said that Cruze brake problems have caused 27 low-speed crashes but no injuries. Dealers will replace a switch in the power brake vacuum pipe assembly for free.

LOS ANGELES — A rare 1967 Ferrari owned by a North Carolina orphan-turned-millionaire sold at auction for $27.5 million.The red Ferrari was one of only 10 ever built, and its single-family ownership increased interest in the sale, the Los Angeles Times reported.The owner, the late Eddie Smith, was a former mayor of Lexington, N.C. He died in 2007 at age 88. Since then, the car has been stored in a specially built garage.

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