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Daimler to build a fifth Mercedes-Benz model at its Alabama plant

Daimler AG said it will invest $350 million to produce a fifth Mercedes-Benz model at its factory in Vance, Ala., starting in 2015. The investment will create an additional 400 jobs at the plant. The company did not provide details about the additional vehicle.

2014 Volkswagen Polo facelift, new engines and new tech

The 2014 VW Polo (pictured) gets a raft of updates If you want a premium feeling supermini, the VW Polo is hard to beat. And with a mid-cycle facelift, new engines and new technology it’s now even more impressive for 2014. Cosmetically, the facelift is a minor one, with tweaked bumpers and grill, new optional LED headlights, a chrome strip between the fog lights, new alloys, new instruments and steering wheel and a tweaked centre console with HVAC controls.

1957 Ferrari 625 TRC Spider fetches €5,040,000 in Monaco sale

1957 Ferrari 625 TRC Spider - sold for €5 million R M Auctions Monaco sale at the weekend achieved sales of €33.5 million with a 1957 Ferrari 625 TRC Spider reaching €5,040,000. Last month we reported on a very rare and very appealing 1957 Ferrari 625 TRC Spider being listed at R M Auctions Monaco sale, which took place this weekend, the first time on sale for 30 years. It sold for a not insignificant €5,040,000.