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Unique pre-war Lagonda saloon headed for auction

AN ULTRA-RARE V12-engined Lagonda Hooper two-door saloon from 1939 is set to headline an auction of amazing old cars. The Lagonda V12 Hooper is technically unique in history, having been built specifically for the wife of the owner of Hooper Bodies Ltd., the most noted coachbuilder of the pre-war era. Now, 75 years after it was built, it needs a complete restoration but still looks set to receive bids topping at least £75,000.

Mercedes-Benz S63 AMG Coupe steps out before New York auto show debut

Following the unveiling of the striking S550 Coupe at the recent Geneva motor show, Mercedes-Benz has now taken the wraps off the even more powerful S-class two-door: The 2015 S63 AMG Coupe. It's set to make a public debut at the upcoming New York auto show. The plush, leather-lined four-seater, which will lock horns with the Bentley Continental GT when North American sales get underway later this year, runs a carryover twin-turbocharged 5.5-liter V8 engine from its predecessor, the CL63 AMG.

Fiat's Montezemolo plans to quit as chairman, sources say

Fiat S.p.A. Chairman Luca Cordero di Montezemolo will quit as company chairman to go into politics, three sources close to the company said. Montezemolo is set to stay on Fiat group's board, as well as remain chairman of the company's Ferrari sports car subsidiary.