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September sales hint at improvement

A 10 percent increase in new-vehicle sales in September is sparking optimism that the year will have a strong finish. And analysts say that deals might get better over the next few months as Toyota and Honda finally recover from shortages caused by the earthquake that hit Japan in March. Those brands might increase spending on incentives to woo buyers back into their showrooms.

Volkswagen GTI Roadster bows at Woerthersee

As we expected, Volkswagen introduced the real version of the GTI Roadster “Vision Gran Turismo” at the Woerthersee festival in Austria on Thursday. The show car was originally created for the PS3 game's “Vision” series of cars. It debuted in-game on Monday.

1957 Ferrari 250 TR (Testa Rossa) smashes world auction record

Ferrari 250 TR - Reached a world record price at today's Leggenda e Passione sale at Maranello We brought you news back in February that high-end Car Auctioneers R.M. Auctions were offering for sale an extremely rare 1957 Ferrari 250 Testa Rossa at the Ferrari Leggenda e Passione sale in Maranello today. Well, the sale went as planned, because the Ferrari 250 TR sold for a world auction record €9,020,000, beating the previous record by €1,980,000.