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Show Review: Concorso d'Eleganza Villa d'Este 2013

Firmly among the top three classic car events in the world – arguably alongside UK's Goodwood Festival of Speed and USA's Pebble Beach – Italy's Villa d'Este is perhaps the most design-led of the three and took place again on the beautiful shores of Lake Como last weekend (24-26 May). Less is more at Villa d'Este, with only 49 classics up for the coveted ‘Best of show' prize and another seven modern concepts vying for a separate award. It's all about quality not quantity.

Excessive accessories are on display at the Tokyo Auto Salon

The Japanese tuning industry may finally be emerging from the economic slump if this year's Tokyo Auto Salon is an accurate barometer. The three-day spectacular--Japan's equivalent of SEMA--attracted nearly a quarter-million visitors, all eager to get a glimpse of the latest cars and the newest excessive accessories for 2011. Here's a recap: The Honda CR-Z was, without a doubt, the car of the show, and some versions were tuned to deliver up to 300 hp, thanks to turbocharging or supercharging kits.

Report: New-vehicle purchase price on the rise

The average purchase price of a new car is on the rise, according to a recent report from automotive analysts at truecar.com. The average transaction price for passenger cars and trucks in the United States was $31,087 last month, up $339 from March 2012. Transaction price, or the out-the-door price, includes taxes, titles and fees.