88-00 Honda Goldwing Gl1500 Gl 1500 Middle Rear Fender on 2040-parts.com

First Ferrari 458 Italia in U.S. auctioned for $530,000 to benefit Haiti

It's one thing to own a Ferrari; it's another to be the first one to own an all-new model. The first 458 Italia was auctioned off on Thursday night for $530,000 in a stunning charity gala held at a Beverly Hills estate that made the Clampett mansion look like the carriage house where the pool boy stayed. Auctioneer David Gooding donated his services and got the ball rolling at $250,000, which was more than the expected MSRP for the car of about $220,000.

Hyundai & Kia to spend up to $395 million on lump sum fuel settlements

Hyundai & Kia to spend up to $395 on lump sum fuel settlements Back in 2012, Hyundai and Kia had to stand up and accept that they’d overstated the official economy of a number of their models and attempt to put things right. They did that by offering all buyers of affected cars a compensation plan which repaid owners for their losses over expectation, added 15 per cent for good measure and made that ongoing for the lifetime of the ownership. But this is the USA, so it wasn’t all as straightforward as that.

Ssangyong relaunches brand with Giugiaro-designed Korando

Korean brand Ssangyong is back from the dead. After looking odds-on favorite to become another automotive casualty of the global recession after Chinese owner SAIC put it into receivership in early 2009, the 4x4 specialist has found a new owner in 2010 – signing a memorandum of understanding with Indian company Mahindra & Mahindra in August – and has just re-launched its brand with a new car designed by Giugiaro. The fourth-generation Korando mid-sized crossover – prefaced by the C200 concept shown at the April 2009 Seoul motorshow – is due on sale in January 2011 pending the expected completion of the Mahindra deal in November this year.