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L'argus European Design Competition 2004 winners announced

With its 3rd design competition, French automotive magazine L'argus de l'automobile challenged design students in the European Union to express their creativity on the theme 'Imagine the convertible commercial vehicle'. With a total of 350 designs submitted, the competition was a resounding success, confirming the interest design schools and their students are taking in this forward-looking competition. Starting out from a light commercial vehicle, the candidates had to propose changes adapted to the specific needs of their user: their basic vehicle could for example be transformed into a helicopter for delivery services, into a work platform for engineers, into a workshop for joiners.

First Ferrari F12 in U.S. goes for $1.125 million

The first Ferrari F12 Berlinetta in the United States was sold on Saturday at the Formula 1 U.S. Grand Prix in Austin, Texas for $1.125 million. The auction benefited Hurricane Sandy victims.

Chrome, Horsepower and Hemis: Cadillac Escalade tops most ripped-off list

Just when it seems as if all we are hearing about are Chevrolet Volts and Nissan Leafs (Leaves?), turns out thieves still love their performance cars and monstrous SUVs and trucks. The Cadillac Escalade remains the most stolen car in the United States, according to the Highway Loss Data Institute. The 'Sclade was followed by the Ford F250 pickup, the Infiniti G37, the Hemi Dodge Charger (not the V6 though!) and the Chevrolet Corvette Z06.