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Ferrari auction raises funds for Japan relief

Car lovers came together for a good cause at the Italian Embassy in Tokyo on Monday. More than 200 people participated in a Ferrari charity auction, which raised more than 500,000 euros, or about $723,000 at current exchange rates. Proceeds will benefit the city of Ishinomaki, which was severely hit by the earthquake in Japan in March.

Peugeot 508 (w/ Gallery)

The new Peugeot 508, previewed by the 5byPeugeot Geneva show car earlier this year, is the replacement for the D-segment 407 and the larger E-segment 607. The 508 retains many of the design themes of the concept: a more restrained grille outline, diving headlamp graphic and embossed lion emblem surface convey a similar DRG. The sedan's three-light DLO is also intact as is the trunk lid's unusually high-set trim highlight, although the taillamps have lost their body color inserts.

Porsche Panamera S Hybrid (2011) first pictures

This is the Porsche Panamera S Hybrid, the cleanest, most fuel efficient Porsche ever. On the official combined fuel cycle it manages 159g/km and 41.5mpg, a big improvement on the Porsche Cayenne S Hybrid’s 34.3mpg and 193g/km, and comfortably ahead of the best non-hybrid Porsche, the PDK-equipped Cayman (31mpg and 214g/km CO2). The new Porsche Panamera S Hybrid will be unveiled at the 2011 Geneva motor show in March.