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Indiana yanks Kruse auction licenses

Kruse Inc., the auction company that sold the famous William Harrah car collection and has been synonymous with auctioning enthusiast automobiles since the 1970s, has lost its licenses in its home state. The Indiana Auctioneer Commission ruled on Tuesday to revoke both of Kruse Inc.'s licenses, and the company has to wait seven years to apply for new ones, said Kelly Butters, a spokeswoman for the Indiana Attorney General's Office. Dean Kruse, president of the auction house, has had his personal license suspended indefinitely.

Ferrari 458 Italia Spider leaks out. Probably.

Ferrari 458 Italia Spider leaks out - probably It’s only a couple of weeks since we reported that Ferrari would be taking the convertible 458 to Frankfurt, and now we have a set of three leaked photos of the Ferrari 458 Italia Spider in all its glory, doubtless leaked out from a magazine printers. We’re not completely convinced the photos of the 458 Spider are real – they seem familiar somehow and could be good Photoshops – but if they are real there’s no doubt Ferrari won’t be amused – as Italians seldom are under these circumstances. But assuming the photos are real they just tell us what we already know – the 458 Spider is the regular 458 Italia with its roof chopped off.

BMW M550d xDrive confirmed. X5 M50d & X6 M50d likely

BMW M550d xDrive arriving March 2012 (M5 pictured) We’ve been talking about the BMW triple-turbo diesel for a long time. As far back as Spring 2009 we reported BMW were working on a triple-turbo diesel, which we expected to see the light of day first in the BMW X5. It took more than two years for BMW to catch up with our story on the triple-turbo diesel, but we finally had BMW man  Brian Watts confirming the new diesel, but that it would turn up as the M550d.