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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.

Jeep Grand Cherokee's 2013 model year will be short

The Jeep Grand Cherokee will have a shortened 2013 model year so that in January the Chrysler Group can introduce a diesel engine and eight-speed automatic transmission for the 2014 model, internal Chrysler sources say. Dealer orders for 2013 Grand Cherokees began this month. The 2013 model, which will begin production in August, will continue with the five-speed automatic that the Grand Cherokee has had since mid-2010.

Scottsdale auction results: Video wrap-ups recount total sales

Now that the 2012 Scottsdale collector-car auctions in Arizona have come to a close, our friends at Hagerty Insurance have wrapped up all the numbers from the auctions in their latest edition of “Hagerty Classic Car TV.” In this episode, host Rob Sass, author Colin Comer and publisher Dave Kinney explore the 2012 sales figures and take a closer look at some of the more memorable vehicles, including a 1948 Tucker Torpedo and a 1955 Mercedes-Benz 300SL alloy Gullwing. Check out the video for all the details.