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Museo Casa Enzo Ferrari opens in Modena [w/video and gallery]

A new Ferrari museum opened this weekend in Modena celebrating the life and work of Enzo Ferrari, the legend behind the Italian supercar icon. The €18 million Museo Casa Enzo Ferrari, which is built on the ruins of the birthplace of Enzo Ferrari, not only features iconic Ferraris from throughout the company's existence but also includes other cars with links to the Modena valley area. The new gallery – crafted from yellow aluminum, the color of Modena and the prancing horse logo's background – not only charts the key moments in Enzo's life but also showcases how Modena became the traditional home of other iconic Italian supercar makers such as Maserati, De Tomaso and Pagani.

1912 Oldsmobile fetches $3.3 million, sets record at auction

A 1912 Oldsmobile—believed to be the only one of its kind still in existence—fetched $3.3 million last weekend, spurring total sales of $38.3 million at an auction in Florida. The vintage car, an Olds Limited five-passenger touring, is thought to be one-of-a-kind, as none of its now century-old contemporaries are known to have survived in that trim. It wears chassis No.

BMW spends $900 million on South Carolina plant to build the X4 SUV

BMW is expanding its lineup with the X4 and growing its manufacturing base with a $900 million investment in its Spartanburg, S.C., assembly plant. "This is in response to rising global demand for the BMW X family to include the BMW X4," BMW board member Frank-Peter Arndt said. BMW says the investment will create 300 new jobs at the plant.