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Lexus Fashion Workshop designers make car parts fashionable

Lexus is moving from the road to the runway with a new ad campaign set to appear in Vogue magazine. As part of the Lexus Fashion Workshop, the carmaker challenged four fashion designers to create wearable pieces using materials from a dismantled Lexus CT hybrid. The challenge is "elevating the notion of recycling to an art form," according to Lexus, which says the CT hybrid is 90 percent recyclable.

Fourth Chinese Auto Design Competition launched

The fourth Chinese Auto Design Contest officially launched in Beijing last week. Sponsored by China's Society of Automotive Engineers, the China Industrial Design Association, the Beijing Municipal Science and Technology Commission and the Beijing Fengtai District People's Government, the competition is the largest and most authoritative state-level professional event. Held biennially, this year's Chinese Auto Design competition is divided into two categories: Design Innovation (which judges current vehicles created by automakers) and Creative Design.

First Ferrari 458 Italia in U.S. auctioned for $530,000 to benefit Haiti

It's one thing to own a Ferrari; it's another to be the first one to own an all-new model. The first 458 Italia was auctioned off on Thursday night for $530,000 in a stunning charity gala held at a Beverly Hills estate that made the Clampett mansion look like the carriage house where the pool boy stayed. Auctioneer David Gooding donated his services and got the ball rolling at $250,000, which was more than the expected MSRP for the car of about $220,000.