Matco Wrench 1/2" on 2040-parts.com

Tesla Model X crossover to be unveiled on Feb. 9

Rocketship impresario Elon Musk had previously promised the premiere of the Tesla Model X crossover last month. It's now come out that the electric crossover will be unveiled on Feb. 9 at the company's design studio in Hawthorne, Calif.

Show Preview: Frankfurt motor show 2011

The biannual Internationale Automobil-Ausstellung, or the Frankfurt motor show, is again due to take place this September, swapping places with its sister show in Paris. One of the world's largest motor shows – certainly physically – the IAA is held at Frankfurt's Messe complex, and in recent years has been themed, with the last event in 2009 carrying the theme of ‘electrification', with virtually every manufacturer revealing a vehicle using the latest battery technology. Fittingly, the most notable unveil at that show was the BMW Vision Efficient Dynamics Concept, which was easily the most innovative and original car of 2009.

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.