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Hot European sales delay U.S. launch of the BMW X1 possibly until 2012

BMW won't launch the X1 small crossover in the United States before late this year, and the vehicle may not arrive until 2012 because of hot demand in Europe. "We are supply constrained," said Jim O'Donnell, CEO of BMW of North America. "As long as they keep selling them, I do not know when we are going to get it." The decision to delay U.S.

Aston Martin Cygnet Launch Editions revealed

The Aston Martin Cygnet Launch Editions - in black or white with bespoke luggage We’ve know that Aston Martin were intent on transforming the Toyota iQ in to the Aston Martin City Car. Initially that meant a small Aston for existing Aston owners, but it soon became clear that Aston Martin intended the Aston Martin Cygnet to be an Aston for the People. Sort of.

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.