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Ferrari online auction to benefit victims of Italian earthquakes

The series of earthquakes that struck northern Italy this month did much more than temporarily halt supercar production. It resulted in the deaths of at least 24 people and caused hundreds of millions of dollars in property damage. Ferrari, whose hometown of Maranello is situated in the quake-stricken region, will conduct an online auction and contribute proceeds to the families of earthquake victims.

Jaguar-Land Rover officially sold (2008)

By Ben Pulman Motor Industry 02 June 2008 15:37 Jaguar and Land Rover are now officially Indian-owned. The sale of the two iconic British brands was completed today, and ownership has now passed from Ford to Tata in exchange for $2.3bn in cash (£1.17bn). The sale means Jag/LR is debt-free, with none of the money used to fund the purchase being offset against the pair’s worth.

Volvo S60 concept

This is the first look at the new S60 concept Volvo plans to reveal at the Detroit Auto Show in January. The concept gives an indication of what the new sedan will look like when it's launched in 2010. The new car's coupe-inspired silhouette follows on from the original S60's and is also underlined by entirely new shoulder contours and a gentle double wave that runs from headlamps to taillamps.