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Ferrari celebrates 30 years in Hong Kong

ICONIC sporting brand Ferrari turned on the style to celebrate 30 years of presence in Hong Kong. Ferrari's president Luca di Montezemolo was in attendance alongside a spectacular display of over 600 Ferraris - the largest gathering ever in Greater China - arranged to form the traditional five-petal flower. The gathering also was used to show the firm's latest offering the 458 Speciale which was unveiled by Marc Gene, the Scuderia F1 team's chief test driver.

Concours of America relocates to other side of Detroit

The Concours of America at Meadow Brook is moving to the other side of the Detroit area. The event is leaving the grounds of Meadow Brook Hall in Rochester, Mich., after more than 30 years. It's relocating to a former seminary in 2011, called the Inn at St.

BMW set to debut diesel 7-series in the US

While Mercedes-Benz has let us Americans buy diesel versions of its flagship sedan from time to time, BMW has kept a number of versions of the 7-series from our shores, among which are 7-series sedans with diesel engines. Well, it looks like we'll finally be getting a diesel 7-series after all, with the arrival of the 740Ld later this spring. The 740Ld will be powered by a 3.0-liter inline-six diesel engine with a single turbocharger with variable vane turbine technology, making 255-hp and 413 lb-ft of torque, and will be coupled exclusively with BMW's xDrive all-wheel drive system.