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Post-World War II Japanese tin toys on display in New York

During the rebuilding of Japan after World War II, a Japanese toy designer took a discarded tin can and molded it into an intricate model car. Just inches in length, it created a phenomenon in the 1940s and '50s in Japan called “buriki.” Buriki is derived from “blik,” which is Dutch for "tin toy." A collection of 70 tin-toy vehicles manufactured in Japan is currently on display at New York's Japan Society Gallery. The exhibit, called “Buriki: Japanese Tin Toys from the Golden Age of the American Automobile, The Yoku Tanaka Collection,” runs until Aug.

Ferrari F450: Last one to be auctioned Sunday to benefit earthquake victims

In an auction featuring some of the rarest, fastest and most head-turning Ferraris ever, a brand-new F430 may be the show-stealer. The Prancing Horse said Wednesday that it is auctioning off the very last F430 to roll off the Maranello production lines at the end of the year to raise money to rebuild the central Italian region of Abruzzo, which was devastated by an earthquake on April 6. Ferrari will work with local authorities to distribute the funds.

Porsche to take majority stake in VW for £7bn

By Ben Whitworth Motor Industry 07 March 2008 11:26 Porsche is about to become the majority shareholder in Volkswagen. The sportscar maker has been given the green light to purchase further stock in VW, taking its share past the 50 percent mark to give it a controlling interest. As soon as various legal checks have been cleared, Porsche plans to purchase a further 20 percent of VW stock – it already owns 31 percent - at an estimated cost of around £7 billion.