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Concorso Ferrari puts on a show in Pasadena

WITH VIDEO -- Most people have seen the Old Town section of Colorado Boulevard in Pasadena, Calif., once a year--during the Rose Bowl parade. Well, finally, there's a new and good reason to interrupt traffic on Colorado: Concorso Ferrari. It's a splendid gathering of beautiful Ferraris for which the city closes down two whole blocks of the busy thoroughfare for anyone who wants to ogle the hundreds of Italian works of wheeled art parked there for the day.

Kia plots rear-wheel-drive strategy

Kia is going rear-wheel drive. The company's first-ever production rear-wheel sedan will launch in Korea in the first half of this year. It's code-named “KH,” and it shares a platform with the Equus, Hyundai's top-of-the-line RWD sedan.

Vauxhall Ampera Price revealed

The Vauxhall Ampera costs £28,995 - even after the taxpayer chips in £5k Sensibly, Vauxhall has chosen to reveal the price of the range-extender Vauxhall Ampera on the day it was included on the list of cars eligible for the £5,000 taxpayer subsidy for plug-in cars. Vauxhall will be getting £33,995 for every Ampera they shift, although the buyer will pay £28,995 thanks to the taxpayer subsidy. Which, whether you pick the subsidised price or the actual price, is an awful lot of money.