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Fiat plans 500 and 500c Gucci editions

Gucci editions of the 2012 Fiat 500 and 500 convertible will go on sale in December, Fiat said Tuesday. The cars will feature glossy pearl paint, green and red stripes on the body or roof, and satin-chrome mirrors and door handles. The interior will have special embroidery, two-tone seats, leather accents along with other design touches.

Mini and Miles Ahead team up for teen driving school at Indy

Mini has teamed up with new teen driving school Miles Ahead to bring licensed youth to the Indianapolis Motor Speedway and train them to drive properly. Indy 500 veteran Stephan Gregoire founded the effort to combat the high number of crashes, injuries and deaths involving teenage drivers. The chance of a teen crashing in the first three years of driving is 82.9 percent, according to Mini, and a 16-year-old is 20 times more likely to be killed in a crash than an adult.

Ferrari 250 GTO #3851 GT disappoints at $38 million

The Ferrari 250 GTO #3851 GT makes ‘just’ $38 million Last month, we reported that a Ferrari 250 GTO was due to hit the auction room at Bonhams Quail Lodge sale and was expected to hit a massive record price, with estimates ranging from $60-100 million. On that basis, the sale was a complete failure. In fact, the 250 GTO – previously owned by Fabrizio Violati – managed to reach a relatively paltry $38.1 million (£22.8 million), with the actual price (before buyers premium) ‘just’ $34.6 million (£20.7 million).