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Ferrari 458 Italia China Special Edition marks 20th Anniversary of Ferrari in China

Ferrari 458 Italia China Special Edition Ferrari is marking 20 years in China with a 458 Italia Special Edition and a permanent Ferrari Exhibition in Shanghai. With the Beijing Motor Show rapidly looming – and the status of China as the world’s most important car market now undeniable – you can expect to see plenty of ‘China Specials’ turning up from car makers. Like the Ferrari 458 Italia China Special Edition.

Morgan Threewheeler returns after 58-year break

The Morgan Motor Co. will relaunch the Morgan Threewheeler after a 58-year hiatus, the British automaker said on Wednesday. The 2011 Morgan Threewheeler, inspired by the three-wheeled Morgan cyclecars of the early 1900s, has a Harley-Davidson 1800CC Screamin’ Eagle V-Twin that produces an estimated 100 hp at the rear wheel.

Ford GT Sells For a Record $11 million at RM's Monterey Auction

RM Auctions sold a 1968 Ford GT40 Gulf/Mirage coupe Friday night at its Monterey sale for $11 million, setting a record for the highest price paid for an American car at auction. The Friday sales showed once again a very strong market for cars selling at auction, according to statistics gathered by classic car insurance giant Hagerty. In comparing this year's sales to last year, the total number of cars sold in two days of auctions was down slightly while the total amount generated -- $67.5 million – is far greater, as is the average selling price.