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1912 Oldsmobile fetches $3.3 million, sets record at auction

A 1912 Oldsmobile—believed to be the only one of its kind still in existence—fetched $3.3 million last weekend, spurring total sales of $38.3 million at an auction in Florida. The vintage car, an Olds Limited five-passenger touring, is thought to be one-of-a-kind, as none of its now century-old contemporaries are known to have survived in that trim. It wears chassis No.

Alfa Romeo's plans for new 2011 Giulia saloon

Today's Alfa Romeo 159 will be replaced by the Giulia in 2011 By Georg Kacher Motor Industry 25 March 2010 17:31 The big news from Alfa Romeo for 2011 is of course la nuova Giulia, which replaces the 159. Unlike the current car, which shares the so-called premium architecture with the Brera twins, the next midliner from Arese adopts a slightly wider and longer variation of the C/D components set. This new, more space-efficient matrix combines a McPherson front axle with a twin-link rear suspension, and engineers promise great handling benefits will result.

Lamborghini CO2 reduction Press Release

Lamborghini CO2 Reduction Press Release • The construction of a large photovoltaic plant, combined with an energy-saving project, will achieve a 30% reduction in the factory’s CO2 emissions by 2010 • Modifications to vehicles will result in a 35% reduction in CO2 emissions by 2015 Automobili Lamborghini announces its intention to complete its program of environmental sustainability in record time by presenting new plans which will enable the company: The plans for reducing emissions will thus involve two areas: modifications to the Lamborghini factory in Sant’Agata Bolognese, and development in vehicle design. To redefine its industrial processes in accordance with its policy of environmental sustainability, Lamborghini has just begun a project to complete installation of a large photovoltaic system by the end of 2009. The roof-top plant will produce 1,582 Megawatt hour (MWh) of “green” energy per year, which translates into a 20% reduction in CO2 emissions (-1,067,820 Kg/year) by 2010.