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Ferrari F450: Last one to be auctioned Sunday to benefit earthquake victims

In an auction featuring some of the rarest, fastest and most head-turning Ferraris ever, a brand-new F430 may be the show-stealer. The Prancing Horse said Wednesday that it is auctioning off the very last F430 to roll off the Maranello production lines at the end of the year to raise money to rebuild the central Italian region of Abruzzo, which was devastated by an earthquake on April 6. Ferrari will work with local authorities to distribute the funds.

Icona reveals first render of Vulcano super sportscar

Icona will unveil a one-off super sports car dubbed Vulcano at next month's Shanghai auto show. The Vulcano was coachbuilt in Italy and was designed by the Shanghai-based Italian design house to show an evolution of its design language, first seen on the 2011 Icona Fuselage concept designed by Samuel Chuffart, Icona's design director. Icona says the design aims express the power within the hood while keeping the shapes harmonious.

Kia scoops three design awards

Kia has won three design awards in this year's Automotive Brand Contest, continuing its strong showing in last year's competition. The second-generation cee'd, launched in June, topped the exterior category table as well as receiving an honorary special mention for exceptional innovation in the interior category. The car's exterior features a chrome-framed glasshouse and muscular lines on the bonnet, while inside an ergonomic, driver-oriented control panel impressed the judges enough to receive the special mention.