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BMW to build Gran Coupe to challenge Mercedes-Benz, Porsche

BMW will build its Gran Coupe concept car, the company's development chief Klaus Draeger said. The production Gran Coupe will rival luxury coupe-styled four-door cars such as the Mercedes CLS, Audi's upcoming A7 and the Porsche Panamera. The concept was unveiled at the Beijing auto show in April.

Ssangyong C200 at the Seoul motor show 2009

By James Foxall Motor Shows 02 April 2009 14:49 What’s new on Ssangyong’s Seoul motor show stand?There was palpable relief on the Ssangyong stand in Seoul as the motor show press day followed a company conference where its rejuvenation package had been outlined to worried importers. This is being led by the C200, a Nissan Qashqai-style crossover SUV that will come in both two -and four-wheel drive formats. Production of Ssangyong’s first ever monocoque car starts in November 2009 and it’ll be on sale in the UK for March 2010, promising a cheap alternative to traditional makers.

One lap of the Web: $52 million Ferrari 250 GTO, Alfa Romeo Montreal for sale and more bizarro engines

-- Even as the hammer fell on Juan Manuel Fangio's $30 million Mercedes-Benz W196R, we knew that that car wasn't the most expensive one ever sold -- it was merely the most expensive car sold at auction. Other cars were reported to have traded for a bit more in private sales. But now we have word of a car that absolutely blows the sale price of Fangio's little Silver Arrow out of the water: a 1963 Ferrari 250 GTO that sold to an undisclosed buyer for $52 million.