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First 2015 retail Mustang goes for $300K

Compared to your typical Barrett-Jackson collector car auction price, $300,000 might not seem like too much--a 1967 Corvette went for $3.8 million. But with 100 percent of the proceeds going to the Juvenile Diabetes Research Foundation, $300,000 doesn't sound too shabby. On Saturday, the winning bidder ended up dishing out $300k for the first 2015 retail Ford Mustang GT, about 10 times the actual price.

Jaguar Land Rover lands Nokia's Damien Dinning

Jaguar Land Rover has acquired the services of Nokia's chief imaging head Damien Dinning, who it hopes will advance its connected car systems. Dinning, who has been with the Finnish technology giant since 2004, took the decision to leave because of his reluctance to relocate his family from the UK to Finland. In an open letter published on PureViewClub he said, "My experience in telecoms and smartphones provides me with a great opportunity to make a difference in a company whose own development is inspiring at a time of great change.

BMW 3-series (2012): first official pictures of the new F30

BMW today slid the covers off the new 3-series. Dubbed F30 in BMWspeak, this is an important car for Munich, selling in six-figure numbers across the world. One in five BMWs sold globally is a 3-series.