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Video: Hagerty reviews Thursday action at Monterey Peninsula auctions

The Hagerty team--Rob Sass, Donald Osborne and Dave Kinney--review the Thursday action at auto auctions on the Monterey Peninsula, surrounding the Pebble Beach Concours d'Elegance: Mecum, Bonhams and Russo and Steele. The Monterey Week is packed with car shows, vintage racing and car auctions. Autoweek will be there providing streaming photo galleries and live coverage of the Pebble Beach Concours d’Elegance, historic racing at Laguna Seca, the Monterey car auctions and much more.

Ferrari Opens ‘Non solo Rosse’ Exhibition

Galleria Ferrari opened the ‘Non solo Rosse' exhibition in Maranello last weekend, devoted to the fascinating subject of color in Ferrari's history and output. The show, which will remain open until April 30th 2010, tells the story of the evolution of the colors that have become signatures of both the Prancing Horse's road and competition models, using some very special cars, the works of painter Enzo Naso and in-depth information.  The very first Ferrari built in 1947, the 125 S, and the F2008 begin visitors' journey into the world of Ferrari Red. Their route takes them from the very first Rosso Granata of the 1950s, the official color of all Italian racing cars since the early 20th century, to the newest metallic variation sported by the  F2007, via the various other shades of red - Rosso Cherry, Cina, Cordoba, Dino and Rubino - that have made Ferrari a international icon.

Hyundai sees 10 percent mpg gain from its first direct-injection engine

Hyundai Motor Co. on Tuesday unveiled its first direct-injection gasoline engine, saying it delivers more power with a 10 percent improvement in fuel economy. The 2.4-liter engine, called the Theta II, will debut in the redesigned Sonata sedan, due in U.S.