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California car dealer buys cache of Ferraris

A collection of 21 Ferraris has changed hands, and it's headed for the United States. Car collector Tom Price, owner of Price Family Dealerships in Marin County, Calif., bought 21 classic Ferraris. The collection hit the market last year as Dutch vehicle-distributor Kroymans entered into bankruptcy.

Ferrari 458 Italia spider in the works, Di Montezemolo reportedly says

The Ferrari 458 Italia will get a spider version, company president Luca di Montezemolo told Italian reporters. The Ferrari chief says work is under way on the topless 458 and that it should arrive in about two years. The 458 coupe launches early next year.

BMW X7 SUV confirmed to top BMW’s X Range

The BMW X5 Plug-in Hybrid will be built at Spartanburg along with the new BMW X7 The idea for BMW to build an SUV bigger than the X5 was put on ice when the world’s economy went in to meltdown in 2008, but the idea of a range-topping BMW X7 was back on the cards as long ago as 2010. Now, four years on, BMW has confirmed that they are planning an X7, that it will be built at their Spartanburg Plant in South Carolina and that it will arrive in 2017 or 2018. BMW aren’t prepared to divulge what platform the X7 will use, but it looks likely it will arrive on a revised version of the platform used for the next generation BMW 7-Series, a platform that will likely also be utilised for the new Rolls Royce SUV when that arrives, with the announcement of the X7 making a Rolls Royce SUV even more likely.