Flathead Ford 1940 40 Coil Bracket on 2040-parts.com

SsangYong will show XUV 1 concept at Frankfurt

South Korean automaker SsangYong will have something to brag about at the Frankfurt motor show in September--namely, the new concept XUV 1. The XUV 1 is a small crossover vehicle with a shape similar to that of the Land Rover Range Rover Evoque. At least that's what we see from teaser photos released on Thursday.

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.

Russia gets its first Lamborghini dealership

While luxury supercars have been a status symbol of the new upper class in Russia, owners often have resorted to buying secondhand or going out of the motherland for their latest top-dollar vehicle acquisitions. Automobili Lamborghini is betting on the continued strength of the Russian market by opening its first dealership in that county in conjunction with the Burevestnik Group, a luxury-automobile and yacht company, in Moscow. “We are very proud of representing Lamborghini in Moscow,” said Andrey Lomakin, co-owner of the Burevestnik Group.