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Ferrari future products: Replacements due for the 430 Spider, the 599 GTB Fiorano

Ferrari will replace two of its five core models, the 430 Spider and the 599 GTB Fiorano, in the next two years, while adding a sportier variant to its best-selling model, the 458 Italia. Here is a look at Ferrari's future product plans: 458 Italia: U.S. shipments of Ferrari's best-selling model began in June last year.

Honda Insight ramps up left-handed models to meet U.S. demand

Honda's new Insight hybrid hatchback has been on sale barely a week in the United States. But the company's sprawling plant here is already churning out 600 a day. And about half of the sleek-silhouetted Insights rolling down Suzuka's Line 1 have left-handed steering wheels, attesting to Honda's optimism for booming business in North America.

1957 Ferrari sells for record $12.1 million at auction

A 1957 Ferrari 250 Testa Rossa once again blew away the competition, setting a world record for cars sold at auction when it fetched an eye-popping $12.1 million on Sunday at an event on the grounds of the Ferrari factory in Maranello, Italy. The Testa Rossa was one of just 22 produced from 1957 to 1958, and the Scaglietti design is marked by prominent pontoon fenders. The cars also were successful racers, winning 10 of the 19 international races they entered from 1958 to 1961.