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AC Schnitzer upgrades the Mini Cooper coupe

The Mini Cooper coupe is still fresh--it hasn't been out for more than a year. Now, German tuner AC Schnitzer has taken it into the shop for some upgrades. The company is working on performance upgrades for both the diesel- and gasoline-powered cars, starting with a front limited-slip differential.

Is Ferrari for sale?

Reports out of Europe have Fiat considering selling a big chunk of Ferrari S.p.A. to raise cash so it can increase its stake in Chrysler Group to 51 percent. The Italian newspaper Il Corriere della Sera said it has gathered information at Fiat’s Turin headquarters and reported Fiat wants to raise cash to fund buying 51 percent of Chrysler, up from the 20 percent it owns now.

Beetle anniversary party is more crazy than ever

OVER 4,000 enthusiasts are making their way to the Baltic resort of Travemünde to celebrate Beetles of all generations in what has been called 'The Sunshine Tour'. As well as plenty of original cars there is also plenty of fancy dress for the owners and the cars themselves, while there competition for the overall prize of Most Beautiful Beach Beetle. Volkswagen has been an official partner since 2005 and will be present again over the weekend of 15-17 August with a number of special vehicles.