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Mystery Mercedes 600 six-door Landaulet heads to auction

There are ambitious project cars, and then there is this: a 1971 Mercedes-Benz600 Six-Door Pullman Landaulet that'll be offered at RM Auctions' Retromobile sale in Paris on Feb. 5. One of just 26 built, this example was recently rescued from the state motor pool of an unnamed African country with the consignor unwilling to reveal the car's exact provenance.

Ferrari posts record sales despite economic uncertainty

Global economic waters are far from calm, but Ferrari has managed to steer clear of the turmoil. The Italian automaker has released sales figures for the first six months of 2012, and they’re impressive by any measure. Revenues for the first half of the year are up nearly 12 percent, and net profits have risen 10 percent to over $130 million.

Porsche finally becomes a VW company

Volkswagen has announced it is to finalise its takeover of Porsche by buying the remaining 50.1 per cent of Porsche stock for €4.46 billion. The takeover of Porsche by VW has been a long and rocky road, but then family fallouts are always messy. It all started with Porsche attempting to consume VW, but some clever manoeuvring by Ferdinand Piech thwarted the efforts of his cousin, Wolfgang Porsche, to swallow up his business and the financial crisis saw Porsche rack up €10 billion in debt in the process.