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1957 Ferrari sells for record $12.1 million at auction

A 1957 Ferrari 250 Testa Rossa once again blew away the competition, setting a world record for cars sold at auction when it fetched an eye-popping $12.1 million on Sunday at an event on the grounds of the Ferrari factory in Maranello, Italy. The Testa Rossa was one of just 22 produced from 1957 to 1958, and the Scaglietti design is marked by prominent pontoon fenders. The cars also were successful racers, winning 10 of the 19 international races they entered from 1958 to 1961.

Video: Opel Insignia

After months of teaser photos, GM's Opel division has finally taken the wraps off its new Insignia sedan. Featuring a flowing design demarcated by a coupé-like roofline, the body is accented by a distinctive 'blade' feature line that runs from behind the front wheel along the side of the car, emphasizing its taut, rakish lines. "We've re-defined our design vocabulary," says Mark Adams, Vice President Design, GM Europe.

Winners announced for Car Design Awards China 2010

The winners of the inaugural Car Design Awards China 2010 were announced at an awards ceremony on 21 April in Beijing, just prior to Auto China. Automotive design directors and the design press gathered at automotive design studio CH-Auto to celebrate the achievements of the next generation of car designers. Presenters Edward Wong (China Central Academy of Fine Arts) and Kumo Chiu (Idea Dao Design) took to the stage and introduced the winning student designers in five awards categories.