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John Lennon's Ferrari won't be sold

The John Lennon Ferrari, a blue 1965 "Quad Headlight" 330 GT 2+2, reported as serial number 06781GT, will not be offered for sale on Saturday as scheduled. Citing a case of "vendor's remorse," a Bonhams representative said this was a last-minute decision on the part of the seller. Lennon's Ferrari had garnered a good bit of publicity in the past few weeks.

Carbon-fiber parts and a software fix help create a lighter, faster Fiat

Chrysler Group's Mopar parts brand and Italian supplier Magneti Marelli have teamed up on a design exercise based on the 2012 Fiat 500 Abarth that shaved weight and added horsepower. The vehicle, called the Venom, has a number of carbon fiber components -- hood and side mirrors, for example -- that makes it about 200 pounds lighter than the 2,512-pound Abarth. The Venom uses software updates and additional exhaust components to boost the Abarth's standard 160-hp 1.4-liter turbocharged engine's output by as much as 25 percent.

IAT Crosswind II concept (w/ Gallery)

The Crosswind II concept was one of three very competently resolved full-size models displayed on IAT's large stand at the Beijing motor show. A development of the Cross-Coupé model seen two years ago in Beijing. It's a simple concept: the top half is coupé, the lower half has a tough offroader aesthetic,  and it's powered by a 150kW electric motor.