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New car sales in Cuba soured by 400-percent markups

While most analysts expected Cuba's lift of a decades-long ban on the sale of new cars to come with an asterisk or five, few could have predicted that the internationally hailed move would immediately turn out to be a mirage. Private car sales in Cuba have been heavily regulated by the government since 1959, and imports had been banned almost entirely. On Jan.

BMW ‘i' subbrand aims for 2013 launch

BMW has confirmed that the new subbrand through which it intends to market a range of advanced stand-alone hybrid, range-extended and plug-in electric models will be called BMW “i.” Created to develop, produce and market what BMW's head of marketing, Ian Robertson, describes as “innovative solutions to premium mobility,” the brand will be supported by a company established by BMW called i Ventures, through which the German carmaker plans to grow its range of mobility services. The i3 and the i8 will be the initial models and are planned for introduction in 2013. “These cars have been designed specifically for their respective alternative drive systems,” said Klaus Draeger, head of BMW's R&D operations.

BaT Euro Alfa Adventure -- Part 2 -- Seeing our 1964 Giulia Sprint GT for the first time

Though the racing events were the original justification for this trip to Europe, the greatest anticipation was coming from picking up the Alfa Romeo. With Goodwood finished off, it was time to collect the 1964 Giulia Sprint GT that we had committed to buy just last week. We've never bought a car to bring back to the USA before, but we see it all the time on BaT and wanted to do it ourselves so that we could learn more about the details of such a transaction.