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Audi R8 V10 sells for $500,000 at charity auction

Which would you pay more for--a V10-powered Audi R8 or the new Ferrari California? At the third annual Boca Raton Concours d'Elegance in Florida last weekend, the Audi R8--the first one in the United States equipped with the 5.2-liter V10--was the winner in a charity auction, selling for $500,000, well above the car's sticker price of $180,000. Meanwhile, the Ferrari California was snapped up for $350,000, a bit more than the $225,000 sticker price.

Pontiac Vibe: GM to kill model in August

The Pontiac Vibe is meeting its demise in August. General Motors said Thursday afternoon that it will end production of the small wagon as part of its long-term viability plan and the wind-down of the Pontiac brand. Production of Vibes for the 2010 model year began in March.

MINI confirms details of engines for new 2014 Cooper and Cooper S

MINI MINI has confirmed a slew of technical details for the next-generation MINI family, the first of which will be shown later in autumn 2013. A mix of three- and four-cylinder engines will be available in the new MINI, all sporting the latest tech to keep the brand's fun quotient up and fuel consumption and emissions down. So turbocharging is common across the range, and petrol engines employ direct fuel injection for precise metering of unleaded.