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Ferrari online auction to benefit victims of Italian earthquakes

The series of earthquakes that struck northern Italy this month did much more than temporarily halt supercar production. It resulted in the deaths of at least 24 people and caused hundreds of millions of dollars in property damage. Ferrari, whose hometown of Maranello is situated in the quake-stricken region, will conduct an online auction and contribute proceeds to the families of earthquake victims.

Going, going, gone: Ford sells Volvo to Geely

Little more than a year ago, the name Geely would happily slip under the radar of most. Today, the Chinese company completed its purchase of Volvo from Ford. Geely stumped up a $1.3 billion in cash for the Swedish brand and issued a $200m note.

Mitsubishi Concept G4 to debut in Bangkok

Mitsubishi will unveil its Concept G4 at the upcoming Bangkok motor show. The Concept G4 compact sedan is shown in only one sketch, meaning we have few details, but we can see it features Mitsubishi's latest design language first seen on the CA-MiEV in Geneva, for example the headlamps, rear lamps, vertical fog lamp bezels and grille. Mitsubishi claims that the concept's short nose will help with visibility and maneuverability, while the interior will allegedly be among the roomiest in its class.