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Audi reveals new Quattro concept sketches before Frankfurt

Audi has released a series of official design sketches revealing its reborn Quattro supercar concept, which will underpin the German carmaker's presence at the Frankfurt motor show next month. The modern-day Quattro aims to revive the spirit of the rally-bred Sport Quattro launched in 1984. The aggressively styled coupe has been conceived as a limited-production model that is set to be priced above that of any existing Audi model as technological figurehead for the rest of the lineup with a new plug-in hybrid driveline that mates a twin-turbocharged 4.0-liter V8 gasoline engine and electric motor for an overall output close to 800 hp.

Mercedes SLK 250 CDI (2012) – the SLK goes diesel

Mercedes SLK 250 CDI - the SLK gets an oil-burner It would have been almost unthinkable until recently; a sports car with a diesel engine. But now it makes so much sense on so many levels it’s no surprise that Mercedes-Benz has opted to give us an oil-burning SLK – the Mercedes SLK 250 CDI. In all the ways that matter the SLK 250 CDI is just like every other Mercedes SLK.

Ford GT Sells For a Record $11 million at RM's Monterey Auction

RM Auctions sold a 1968 Ford GT40 Gulf/Mirage coupe Friday night at its Monterey sale for $11 million, setting a record for the highest price paid for an American car at auction. The Friday sales showed once again a very strong market for cars selling at auction, according to statistics gathered by classic car insurance giant Hagerty. In comparing this year's sales to last year, the total number of cars sold in two days of auctions was down slightly while the total amount generated -- $67.5 million – is far greater, as is the average selling price.