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BMW will build electric cars in Leipzig

BMW AG will produce its electric-car range at its plant in Leipzig, Germany, the automaker said on Monday. In addition, BMW factories in Wackersdorf and Landshut, Germany, will produce parts for the so-called Megacity Vehicle. “The BMW Group will build the car of the future in Leipzig with high-tech innovations from Bavaria,” BMW CEO Norbert Reithofer said in a statement.

50 Years of Bond Cars at the National Motor Museum

Release the oil slick, raise the bulletproof rear screen and push the red ejector seat button in anticipation of what promises to be one of the must-see automotive attractions of 2012: Bond in Motion. Tell me more, Moneypenny 2012 will mark the 50th anniversary of Sean Connery's first utterance of the icnonic 'the name's Bond, James Bond' line, and to celebrate this celluloid milestone the National Motor Museum at Beaulieu is hosting Bond in Motion, an exciting exhibition of the fictional spy's 50 most recognisable vehicles. The year-long display of 007's cars, motorbikes, boats and other unlikely forms of transportation promises to be the largest of its kind anywhere in the world.

Ferrari 250 GTO hitting Bonhams in August – but how much will it sell for?

Will the Violati Ferrari 250 GTO (pictured) break the $60 million barrier? The last Ferrari 250 GTO Series 1 to hit auction rooms in 2012, fetched a remarkable $35 million, and last year another 250 GTO – chassis #5111 – was sold in a private deal thought to be worth $52 million. And now another Series 1 250 GTO is about to hit the sale room.