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New BMW 3-series bows, performance-oriented 335iS joins the lineup

A new performance-oriented 335iS model endowed with an M-sport styling kit and unique chassis settings heads the list of changes BMW brings to its facelifted 2011 3-series coupe and convertible. Set to slot into the lineup between an upgraded 335i and the M3 when it goes on sale in March as an exclusive for North America, the 335iS runs a tuned version of BMW's N54 engine, as found in the recently unveiled Z4 sDrive35iS, coupled to either a standard six-speed manual or an optional Getrag-engineered seven-speed dual-clutch gearbox. The twin-turbocharged 3.0-liter inline six-cylinder engine of the 335iS adds a special software package to bump power to 326 hp and lift torque to 332 lb-ft--or to an even gutsier 369 lb-ft for short periods via an overboost function that unleashes added turbocharger boost pressure.

General Motors will wind down the Hummer brand after sale collapses

General Motors will wind down its Hummer brand after a proposed sale to China's Sichuan Tengzhong Heavy Industrial Machines Co. Ltd. fell through.

Ettore Bugatti’s own Type 57C up for auction

Ettore Bugatti's personal Type 57C Coupe is up for auction at Pebble Beach in August Not only are Classic Cars a decent long-term investment they do also offer the pleasure of playing with them – something no other work of art can manage. And with the rising wealth in emerging economies, something with as finite a supply as Classic Cars can hardly fail to appreciate in the long term. Which explains why real classics are still fetching record prices.