Porsche has just revealed official photos and full specifications on the all-new seventh-generation 911, confirming that it will in fact come with a world’s first 7-speed manual transmission. That add-on is, however, just one small aspect of this entirely new model, which grows in size, while adding performance and efficiency, not to mention a more...
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After continued speculation, an excessive number of artist renderings and then leaked photos last week, Ferrari has now officially revealed the 458 Spider with a retractable hard top. A world’s first for a mid-engine car, the hard top is made of aluminum and fits just in front of the engine compartment without affecting performance or...
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Sweden’s debt agency is claiming they have successfully investigated a handful of Saab bank accounts with some success. On Friday, the agency uncovered $796,291 which is enough to cover debts owed to the first four companies waiting for payment. The debt agency has contacted other banks holding Saab accounts in order to understand exactly where the Swedish automaker stands....
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The American Petroleum Institute has reported that total petroleum deliveries fell by 0.5 percent in July, compared to the same month one year ago. This was the first time deliveries have decreased for any month this year. As well, gasoline demand hit a ten-year low for the month of July. John Felmy, API chief economist,...
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The world’s oldest surviving production Bentley was sold through the Gooding & Company auction at Pebble Beach Concours d’Elegance for $962,500. The 1921 3-liter chassis number 3 was sold 90 years ago to Noel Van Raalete, Bentley’s very first customer, for £1,150. The Bentley was a show-stopper, featuring ‘matching numbers’ with original aluminum coachwork and brass...
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German investment banker and millionaire, Stephen Korbach has started a new Gemballa racing team, which will be competing in the 2012 motor sport season with two McLaren MP4-12C GT3s. Korbach has asked Sascha Bert to act as team manager for the motor sport involvement. “Sascha Bert is an absolute pro and is ideally qualified to...
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Volkswagen is set to unveil a single seat electric car at a special event in Berlin next month, as the company explores the future of mobility and personal transportation. A VW spokesman confirmed that the vehicle would be shown at an event in Berlin on September 8th. VW said that the new car would surpass...
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General Motors has confirmed production of the Cadillac ELR coupe. The American automaker has yet to announce pricing for the coupe, but an unidentified course close to the project revealed the Cadillac ELR’s price will be lower than the $57,400 Tesla Model S. It is expected that the ELR will be priced somewhere around $49,900...
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2012 will mark the 39th year of historic racing at Laguna Seca and ties in nicely with the Cobra’s racing heyday – the cars originally debuted in 1962, powered by Ford small-block and later big-block V-8s
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The annual Pebble Beach Concours d’Elegance is known to attract some priceless classics, but this year, this 1957 Ferrari 250 Testa Rossa prototype took the cake. Gooding and Company, a well known auction house, was catapulted into the record books last week, selling the 250 TR for $16.4 million. This price was the highest ever realized for...
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Mazda has announced the cancellation of production to its RX-8 rotary engine sports car, because of falling sales and stringent global emissions standards. Production in Hiroshima, Japan, ended in early July and global sales of the car will conclude later this year. The RX-8 and the three generations of the RX-7 that preceded it, have...
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It’s quite surprising how the perceived value of an object skyrockets strictly based on its previous owner. This classic 1970 Porsche 911S with 112,000 miles on the odometer sold on Friday night in Monterey for $1.2 million thanks to the fact that it used to belong to Steve McQueen and was used in the opening...
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Kia has formally announced pricing on their 2012 Soul, setting the Scion xB and Nissan Cube competitor’s MSRP just slightly under $14,000. The Soul A/T will start at $15,700 while the highest trim model, the Soul! will start at under $20,000. The Soul! will come packed with features including exclusive projector headlamps with front LED...
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Ford and Toyota shocked the automotive world with the announcement that the two companies will join forces to create a new hybrid system for light trucks and SUVs. The companies signed a memorandum of understanding, and will do further research and studies regarding the project. The new system is said to be rear-drive based, and...
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Set to launch in December in the European market, Volkswagen‘s up! looks to be the next great small car in the segment, especially since it’s the first with City Emergency Braking. The up! features a 1.0L three-cylinder gasoline engine with BlueMotion Technology and a Stop/Start system, allowing the powerplants to get 56-mpg from its 59-hp...
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You don’t have to drive to work in a Porsche to impress your coworkers. The new Porsche mouse pad and mouse will be the talk of the water cooler and the envy of fellow cubicle dwellers. Designed in the Porsche studio at Weissach, the new mouse pad takes its cue from the automaker’s luxury vehicles,...
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It’s becoming commonplace to do all your shopping online. But as we become more comfortable with making an online purchase, we also need to be wary of new scams. And if you’re planning on buying a car, the FBI’s Internet Crime Complaint Center is warning shoppers that scams using the names of well-known automotive sites...
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Arguably the most prestigious of all concours, the annual Pebble Beach show has grown considerably since its semi-humble beginnings back in 1950 when 30 cars were displayed at what was then the Del Monte Lodge. Fast forward 61 years and over 200 cars (and even a few motorcycles) are on display, all vying for the...
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MINI had not one, but two surprises in store for the Pebble Beach Concours d’Elegance, debuting both the Goodwood model and the new Coupe at the annual historic auto show. Looking expectantly similar to the hardtop hatch, the Coupe is distinguished by its trademark roof, which is style to look like a backwards ball cap....
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Take the new MINI Cooper Goodwood to any other car show and its price tag will send potential customers running, but not at Pebble Beach. With some of the wealthiest people in the world on hand to check out the historic automobiles, you’re likely to find that the MINI’s $52,000 sticker isn’t far off what...
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Considered by many to be the greatest Ferrari of all time, a gathering of 250 GTOs was the must-see attraction at the 2011 Pebble Beach Concours d’Elegance. With just 36 ever built, between 1962 and 1963, all were invited to attend the prestigious car show, with 22 making the journey, from as far away from...
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First unveiled at the ‘other’ concours (Ville d’Este), the BMW 328 Homage concept made an appearance at Pebble Beach along side its muse. Taking the finest details of the 1930’s race car and applying them to an ultra-modern design concept, the 328 Homage weighs just 1,700 lbs thanks to an extensive use of carbon fiber....
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A Scion is about the last car you’d expect to see at the prestigious Pebble Beach Concours d’Elegance, but the FR-S concept has a design worthy of a six-, or even a seven-figure price tag. Set to be unveiled as a Toyota model at the Tokyo Auto Show later this year, the production FR-S is...
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Looking very much like it belongs there, the Shelby Supercars (SSC) Tuatara has been shown for the first time in North America on the Concept Lawn at the Pebble Beach Concours d’Elegance. With SSC’s previous model, the Ultimate Aero TT, having been highly criticized for its kit-car looks, the American supercar maker hired the talents...
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