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1953 Ferrari 340/375 MM Pinin Farina Berlinetta ‘Competizione’ makes €9,856,000

It’s the annual  Concorso d’Eleganza Villa d’Este festival of supercars and classic cars this weekend, and poart of that is the RM Auctions sale at Vella Erba, on the banks of Lake Como, with a 1953 Ferrari 340/375 MM Pinin Farina Berlinetta ‘Competizione’ smashing the world auction record by fetching €9,865,000. The 375 MM is one of three works cars entered in the 1953 24 Hours of Le Mans and has a good history including 24 Hour of Spa, the Carrera Panamericana, and winning the 12 Hours of Pescara, has been driven by World Champions Hawthorn, Ascari, and Farina and won numerous awards at many events including Pebble Beach, Goodwood Revival and the Louis Vuitton Classic. But it wasn’t just the 375 MM that sold at a strong price, with other notable lots fetching good prices, such as a 1965 Ferrari 275 GTB, for €1,120,000,  a 1967 Lamborghini Miura P400 at €426,600, a 1962 Mercedes-Benz 300SL Roadster for €1,114,400 and a 1962 Ferrari 400 Superamerica SWB Coupé Aerodinamico for €2,184,000.

Lexus stops sales of some LS sedans

Lexus has stopped selling some LS luxury sedans in the wake of a recall for a steering problem. The recall was announced on Monday. Lexus, Toyota's luxury division, is recalling 3,800 units of the 2009 and 2010 LS 460 and LS 600h.

Land Rover DC100 concept (2011) - it's the new Defender

The new Land Rover DC100 concept car, ready for a 2011 Frankfurt motor show arrival - points to the company's planned replacement for the Defender 4x4. Land Rover has now confirmed officially that it'll launch a successor to the Defender in 2015, and the DC100 provides plenty of clues to what we could expect. So the Land Rover DC100 is the new Defender?