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Ferrari celebrates 30 years in Hong Kong

ICONIC sporting brand Ferrari turned on the style to celebrate 30 years of presence in Hong Kong. Ferrari's president Luca di Montezemolo was in attendance alongside a spectacular display of over 600 Ferraris - the largest gathering ever in Greater China - arranged to form the traditional five-petal flower. The gathering also was used to show the firm's latest offering the 458 Speciale which was unveiled by Marc Gene, the Scuderia F1 team's chief test driver.

Booming British car market hits nine-year high in 2014

By James Fallon Motor Industry 04 July 2014 11:44 British new-car sales continue to rise, new figures out today revealed. In the first six months of 2014, a total of 1,287,265 new vehicles were registered – a 10.6% increase on the same six-month period in 2013 and the highest total in almost a decade. And the boom is showing no signs of tailing off; during June 2014, new-car registrations rose 6.2% to 228,291 and the Society of Motor Manufacturers and Traders expects the trend to continue throughout the year as the economy continues to bounce back.

Tesla Model S starts at $57,400, tops out at $92,400 when sales start in 2012

Tesla Motors Inc., the U.S. electric-car maker that plans to build a rechargeable sedan in California, said a top-of-the-line version of the Model S will cost as much as $92,400 when it goes on sale in 2012. Tesla released detailed prices, features and options for the Model S sedan Dec.