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Audi R8 V10 sells for $500,000 at charity auction

Which would you pay more for--a V10-powered Audi R8 or the new Ferrari California? At the third annual Boca Raton Concours d'Elegance in Florida last weekend, the Audi R8--the first one in the United States equipped with the 5.2-liter V10--was the winner in a charity auction, selling for $500,000, well above the car's sticker price of $180,000. Meanwhile, the Ferrari California was snapped up for $350,000, a bit more than the $225,000 sticker price.

Audi A7 – Spy Video

We have spy video of the new The Audi A7 (below) The Audi A7 seems to have been coming for a long time now. A swoopy, four-door coupe it’s yet another of Audi’s attempts at niche-filling, and is aimed straight at rivals such as the CLS from Mercedes. We heard rumours that the A7 would make an appearance at the Detroit Motor Show this month – but it didn’t – and the speculation has now moved on to the Geneva Motor Show in March.

Alfa Romeo going to the USA

Alfa Romeo is going back to the US for the first time in almost 20 years We already know that the only Fiat making its way to the US is the Fiat 500, but it now looks as if a big chunk of the Alfa Romeo range will make the journey too. Sergio Marchionne, Fiat’s boss and the new head of Chrysler, has been working on rationalising Chrysler’s management and working out the best way forward. As mentioned, only the Fiat 500 will be offered for sale in America (and probably built in Mexico), with Fiat platforms being used to build new Chryslers that will be designed and built in the States.