1957 Ferrari 250 TR prototype expected to break records at Gooding’s Pebble Beach auction

Filed under: Classics, Convertible, Auctions, Ferrari, Specialty, Racing The last several years have seen classic Ferraris sell at auction for record-breaking prices including a 1961 Ferrari California Spyder that sold for over $10 million in 2008 and a 1957 Ferrari 250 TR that fetched more than $12 million in 2009. While those numbers seem astounding, [...]

More evidence of 2012 Porsche 911 seven-speed manual transmission? [w/video]

Filed under: Coupe, Porsche There were a whole lot of hidden Easter eggs in the official next-generation 911 teaser video that Porsche released this week. Despite the fabric camouflage, we could clearly see a new Panamera-inspired center console, the 991 generation’s longer dimensions and a flat-six engine that’s been moved even closer to the center [...]

Official: Chevy sells 2.35M vehicles in first half of the year, best in 100 years

Filed under: Car Buying, Chevrolet, GM General Motors has announced that Chevrolet managed to sell a total of 2.35 million vehicles across 120 countries in the first half of 2011, marking the best half-year in the company’s history. That figure marks an increase of 286,499 vehicles over the same period last year thanks to record [...]

Study: What $1 rise in price of gas can do to your SUV’s value

Filed under: Car Buying, Etc. According to a new study by Automotive Lease Guide, fuel prices play a huge role in how much your vehicle depreciates over time.No surprise there, but the specifics of the study are a little jarring all the same. USA Today reports that the study found that when gas costs increase [...]

Official: VW Touareg TDI sets lonely record on World’s Longest Highway [w/video]

Filed under: Motorsports, SUV, Etc., Volkswagen, South America, Diesel Volkswagen can now lay claim to another world record thanks to the efforts of off-road driver Rainer Zietlow and his team of adventurers. The crew packed into a Volkswagen Touareg TDI and covered the entire span of the Pan-American Highway from start to finish in 11 [...]