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Ferrari auction raises funds for Japan relief

Car lovers came together for a good cause at the Italian Embassy in Tokyo on Monday. More than 200 people participated in a Ferrari charity auction, which raised more than 500,000 euros, or about $723,000 at current exchange rates. Proceeds will benefit the city of Ishinomaki, which was severely hit by the earthquake in Japan in March.

Ford to open Silicon Valley lab

Ford Motor Co., aiming to keep ahead of technology trends, will establish a research lab in the heart of California's Silicon Valley. The automaker said Friday the lab will open near Stanford University in Palo Alto, Calif., in the first few months of this year. Ford wants the lab to take on a start-up feel and expand beyond the traditional automaker mindset to encourage innovation and improve mobility and safety.

Renault at the Paris motor show 2008

By Ben Oliver Motor Shows 02 October 2008 12:24 Renault put in the strong showing you'd expect from France's biggest car maker on its home turf, with six new cars or concepts led by two versions of the new Megane. There's also the production versions of the Laguna Coupe and the shortened, three-door Kangoo Be Bop, and two new concepts in the Ondelios grand tourer and the Z.E. electric car.