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Mini crossover to carry base price of $22,350

Mini's new Countryman crossover will start at $22,350, only $550 more than the three-door Clubman wagon. A well-equipped Countryman in a Cooper S trim with optional all-wheel drive will cost just under $30,000, Jim McDowell, head of Mini USA, said Wednesday during the media launch for the vehicle. The prices include destination charges, Mini said.

Mazda to reveal fourth-generation MX-5 on 3 September 2014

By Tim Pollard Motor Industry 03 July 2014 09:11 Mazda has confirmed it will show the new, fourth-generation MX-5 roadster in September 2014. An event to mark the 25th anniversary of the MX-5 will be held in Barcelona, Spain on 3-4 September - and the new MX-5 will be shown to the world for the first time. The new MX-5 is a major launch for Mazda; the car has been a runaway hit since launch in 1989 and now mops up a large portion of two-seat roadster sales.

Ferrari 250 Testa Rossa set for Monterey auction

A 1958 Ferrari 250 “Pontoon Fender” Testa Rossa will be featured in August at RM Auctions' 25th Sports & Classics of Monterey event. The Scaglietti-designed race car, serial number 0738 TR, is expected be one of the most valuable cars ever offered during Monterey's auction week. “RM set the current world-record price for a car sold at auction with another pontoon-fender TR selling for $12.4 million,” said Rob Myers, chairman and CEO of RM Auctions.