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U.S. safety officials deny airbag exemption for the Pagani Huayra

U.S. safety officials have shot down Italian supercar maker Pagani's request that the Huayra coupe be exempted from needing advanced airbags--a move that means Pagani can't legally sell the car in the States. Safety rules require that all new cars sold in the United States be equipped with airbags that can automatically adjust deployment force based on the height and weight of the seat occupant.

Big-ticket Tesla has eye on mainstream with 2016 electrics

It's a small-volume producer of $100,000 electric sports cars today. But Tesla Motors Inc. plans to move into mainstream U.S.

Big Spenders Flock To Bohnams Festival Of Speed Auction

GOODWOOD’S Festival of Speed might be famous for the action on its famous hill, but there’s more to the self proclaimed ‘world's largest motoring garden’ than just the racing. And just to prove the point, this year the annual Bonhams sale earned a staggering £22.6 million on the Friday of the event. The star attraction was a 1954 Ferrari 375-Plus, as used in iconic road races such as the Mille Miglia, Targa Florio and Carrera Panamericana, which sold for £10.7 million following a fierce battle between bidders.