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BMW i3 starts at $42,275

The electric BMW i3 mini crossover will cost $42,275, including destination, when it debuts to the press on July 29. The company is hosting three simultaneous launch events in London, New York and Beijing. The production version of the car was first seen at the Frankfurt motor show in March.

Ferrari P540 Superfast Aperta (2009) first pictures

A bespoke Ferrari built by the Italian supercar manufacturer's secretive Special Projects department has undergone its first shakedown test at the Fiorano test track. The Pininfarina-designed P540 Superfast Aperta was comissioned in 2008 by the necessarily wealthy Edward Walson, son of John Walson, the inventor of cable television. Based on the 599 GTB Fiorano, the one-off machine was inspired by a Carrozzeria Fantuzzi-designed model featured in the 1968 Fellini film Toby Dammit. 'I had always dreamed of designing sports cars,' said Watson. 'When I saw this film the decision came of its own accord: one day I would have 'my' Ferrari.

Mercedes-Benz recalls diesel cars for a problem with the fuel filter

Mercedes-Benz is recalling nearly 7,000 diesel vehicles from the 2011 and 2012 model years to fix a possible defect with the diesel filter that could cause it to leak fuel. Mercedes said it is concerned that a crash or a fire could ensue in the event of a fuel leak from the area around the heating component in affected vehicles. The recall will involve an estimated 6,782 vehicles.