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Special-edition Jaguar XKR 175 confirmed for Pebble Beach reveal--and the U.S. market

A limited-edition, high-performance Jaguar called the XKR 175 will debut at Pebble Beach later this summer in celebration of the historic brand's 75th anniversary. The name of this speed demon actually indicates the number of units that will be made for the United States. Jaguar says 175 will reach U.S.

Lincoln is promised a unique line

Lincoln vehicles will be dramatically different from Ford brand products, Ford Motor Co. executives said last week. "The strategy isn't just new products, but full differentiation from the Ford brand in not only design but in technology," Derrick Kuzak, Ford's group vice president of global product development, told a group of auto analysts at the Detroit auto show.

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.