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Ferrari F12 Berlinetta to be auctioned for Sandy victims

Ferrari is doing its part to help Hurricane Sandy victims by auctioning off the first F12 Berlinetta that will be sold on American soil. The base price of Ferrari's halo model is about $315,000. We'd expect this one to go for much more than that.

Italian firm buys stake in Aston Martin

The former owner of Italian motorcycle maker Ducati has bought a 37.5-percent stake in financially strapped British car maker Aston Martin. The move means future Astons could use modern drivelines and electric architectures from Mercedes-Benz's AMG division, insiders with knowledge of the deal suggest. Private equity fund Investindustrial has signed a memorandum of understanding with current Aston Martin owner Investment Dar of Kuwait that will see it pay $240 million (150 million pounds) for the ownership stake.

Concept Car of the Week: Buick Y-Job (1938)

Welcome to the first in a new, regular, series of features in which we highlight an important, forgotten or just plain cool concept car each week. Concept cars have thrilled and inspired for decades, testing the limits in terms of technology and design and shaping the ways cars are designed today. They're the pinnacle of our art and probably the thing that first piqued your interest in car design.