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Ferrari F12 Berlinetta to be auctioned for Sandy victims

Ferrari is doing its part to help Hurricane Sandy victims by auctioning off the first F12 Berlinetta that will be sold on American soil. The base price of Ferrari's halo model is about $315,000. We'd expect this one to go for much more than that.

Jaguar Land Rover – Clever Finance Deal

JLR releases £170 million by financing cars in transit Car makers have been begging lines of credit from wherever they can in the last year as the recession has bitten hard in to their finances. Jaguar Land Rover started off down the Government Loan route, but it soon became clear that the strings attached to any Government sourced finance where unacceptable. But in a sign that the future of JLR looks pretty rosy JLR managed to secure £175 million in private financing back in August as part of a bid to raise £500 million, and Tata have refinanced the loans used to acquire JLR.

Lamborghini Murcielago waves good-bye

It was a fitting farewell to one of the most audacious Lamborghinis ever built. A group of the most iconic V12 cars ever to put rubber to asphalt gathered at the factory in Sant'Agata Bolognese, Italy, for a special exhibition before escorting the last Murcielago, an LP 670-4 SuperVeloce, out of the Lamborghini Museum in a symbolic last ride. The 350GT was in attendance at the event, as was the futuristic Miura, a Countach and the fire-breathing Diablo, among others.