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New car sales in Cuba soured by 400-percent markups

While most analysts expected Cuba's lift of a decades-long ban on the sale of new cars to come with an asterisk or five, few could have predicted that the internationally hailed move would immediately turn out to be a mirage. Private car sales in Cuba have been heavily regulated by the government since 1959, and imports had been banned almost entirely. On Jan.

Winners of the 'Ultimate LA Machine' Design Challenge announced

 The judges of the Los Angeles Auto Show's Design Challenge have named the Dodge Superbee and Volkswagen Mobile Lounge as joint-winners of the first ever automobile design studio competition. Designer Reto Brun of Volkswagen/Audi Design Center California said his studio considered two Los Angeles issues when designing the Volkswagen Mobile Lounge - an antidote to traffic and a better option for the area's "limo-centric" entertainment culture. Whisper-quiet fuel cell technology whisks occupants towards their destination while electronically controlled tinted glass, an open living space and innumerable in-car amenities provide a supremely comfortable environment.

Michael Schumacher’s Ferrari Enzo and Ferrari FXX both up for sale

Michael Schumacher’s Ferrari Enzo Pictures) is up for sale Michael Schumacher may have made his mark in motor racing history thanks to Ferrari, but now he’a a Mercedes man he seems to be divesting himself of his Ferrari cars. A dealer in Switzerland – no doubt not too far from Michael’s home – has two of his Ferraris up for sale at the moment, both at slightly ‘Premium’ prices. The first Schumacher Ferrari on the lot at Zenith in Lausanne is Michaels very own Enzo, finished in Ferrari Red) as you would expect) with a tan leather interior (which you wouldn’t).