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Ferrari 599XX raises €1.4 million in Ferrari earthquake auction

The auction by Ferrari to raise funds for victims of the earthquake in the Emilia Romagna region has raised €1.8 million. The Ferrari auction to raise money for victims of the earthquake in the Emilia Romagna region in Italy only kicked off two weeks ago, but has already ended with a total of over €1.8 million raised. The vast majority of the funds raised came from the sale of the Ferrari 599XX which sold to an American buyer for €1.4 million – almost a bargain.

Jaguar slashes prices – in Australia

Jaguar has slashed prices across its range in Australia – by as much as £40,000 – as it fights for a bigger market share. But there’s also a feeling that all those years of protectionist import tariffs have inured Australians to the high price of luxury cars, and that car makers take advantage of that by keeping prices high, regardless of the level of taxes imposed on their products. That means something like a Rolls Royce Phantom costs £650k and a Porsche 911 starts at £150k.

Mazda Takuya: Mazda2 Takuya, Mazda3 Takuya & Mazda6 Takuya for 2011

Mazda2 Takuya, Mazda3 Takuya & Mazda6 Takuya for 2011 As we’ve mentioned – more than once – the start of the year is prime time for the ‘Limited Edition’ and ‘Special Edition’ and any other sort of ‘Edition’ car makers can conjure up as they try to keep metal moving. Today, it’s the turn of Mazda. Mazda have done the whole ‘Edition’ bit in spades this time, with the return of the range-topping Mazda Takuya.