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1912 Oldsmobile fetches $3.3 million, sets record at auction

A 1912 Oldsmobile—believed to be the only one of its kind still in existence—fetched $3.3 million last weekend, spurring total sales of $38.3 million at an auction in Florida. The vintage car, an Olds Limited five-passenger touring, is thought to be one-of-a-kind, as none of its now century-old contemporaries are known to have survived in that trim. It wears chassis No.

Tesla: Factory on track for 2012 Model S launch

At Tesla Motors Inc.'s first annual shareholders meeting since going public last July, Tesla CEO Elon Musk provided a vision of using the full capacity of the former New United Motor Manufacturing Inc. plant it acquired from Toyota. He also discussed a string of electric vehicles and the possibility of a chain of company-owned charging stations and battery-swap facilities.

BMW 135i CSL – or something quick?

The powerful BMW 1-Series spotted at the Nurburgring We’ve had endless speculation that BMW are to produce an ‘M’ car for their baby 1-Series range. An argument for which is very strong. After all, if you can attach the ‘M’ moniker to a pair of fat SUVs – the X5M and X6M – attaching the ‘M’ badge to the 1-Series seems a no-brainer.