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Mercedes-Benz Launches 'Style' Division

Mercedes-Benz has launched Style, the Stuttgart-based automaker's answer to BMW's DesignworksUSA design consultancy. Mercedes-Benz's Style sub-brand will be charged with designing bespoke luxury goods from aircrafts, to yachts, furniture and more. Its aim is to place the company in the avant-garde of the luxury market.

Lexus CT 200h and F Sport refreshed for 2014

Lexus has taken the wraps off a refreshed 2014 CT 200h at the Guangzhou Motor Show in China, updating the car for the first time since its debut as a 2011 mode, and it'll also be appearing at the LA Auto Show today. The biggest visual change is of course the addition of the new corporate front fascia which Lexus refers to as the "spindle grille." Other changes on the outside include a choice of new 16-inch and 17-inch alloy wheels featuring a ten-spoke design. The CT 200h has also been treated to redesigned rear bumper, the most noticeable changes being the black lower center section, and L-shaped reflector housings.

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.