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BMW Welt hosts 'Line of Beauty' exhibition

The BMW museum is playing host to a special exhibition entitled ‘The Line of Beauty', which takes a trip through the history of the ‘big' BMW coupes and convertibles. The flagship BMW coupes and convertibles have an illustrious past and most are icons in their own right. The exhibition features 14 individual exhibits that span from the pre-war 327 and 327/28 Convertible and Coupe through to the current F12/13 6-Series.

GM lobbyist Ferguson named global head of Cadillac

General Motors has appointed its chief lobbyist to the newly created post of global Cadillac chief, a step aimed at transforming the American luxury brand into a strong worldwide player. Robert Ferguson, 53, who has been GM's vice president of global public policy, becomes vice president of global Cadillac. He reports directly to GM CEO Dan Akerson, the company said today.

Arizona auctions: Plenty of bidders are willing to buy

Friday's auction results from the four major auction houses continue on a strong streak, with sales reports topping even optimistic pre-event estimates. RM Auctions completed its second and final day of sales in Phoenix, posting results totaling an estimated $30.6 million, a record-high amount for this event. The Canadian-based company also garnered the most talked about sale of the day, a 1955 Mercedes-Benz 300SL steel-bodied "Gullwing" that sold for $1.375 million.