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John Lennon's Ferrari won't be sold

The John Lennon Ferrari, a blue 1965 "Quad Headlight" 330 GT 2+2, reported as serial number 06781GT, will not be offered for sale on Saturday as scheduled. Citing a case of "vendor's remorse," a Bonhams representative said this was a last-minute decision on the part of the seller. Lennon's Ferrari had garnered a good bit of publicity in the past few weeks.

CDN-GM Interactive Competition: Phase 2 deadline extended until Sunday 28 September

Due to the number and quality of the entries that are still pouring in we've extended the deadline for this phase of the CDN-GM Interactive Design Competition to give you a couple more days to upload your work. Remember that during this phase, while your design needn't be fully finalized, you should be firming up your major themes based on your Phase 1 work and the feedback comments from the Mentors and your peers. The entrants progressing to Phase 3 will be announced next week for the final phase of this year's contest ahead of the announcement of the winners in January.

Subaru appoints sales specialist as its new global president

The maker of Subaru-brand cars has tapped a marketing and sales specialist to be the company's new president and lead global automotive operations in the post-quake era. Yasuyuki Yoshinaga, 57, is currently an executive vice president at Subaru's parent company, Fuji Heavy Industries Ltd. He takes the title of president and COO, pending approval at the company's annual shareholders' meeting on June 24, Fuji Heavy said May 10.