Seadoo 98 Gtx Mpem Eletrical / Battery Box on 2040-parts.com

First Ferrari 458 Italia in U.S. auctioned for $530,000 to benefit Haiti

It's one thing to own a Ferrari; it's another to be the first one to own an all-new model. The first 458 Italia was auctioned off on Thursday night for $530,000 in a stunning charity gala held at a Beverly Hills estate that made the Clampett mansion look like the carriage house where the pool boy stayed. Auctioneer David Gooding donated his services and got the ball rolling at $250,000, which was more than the expected MSRP for the car of about $220,000.

Future products: U.S. model is VW's big news

An ambitious plan to increase Volkswagen brand sales in the United States to 800,000 by 2018--up from 213,454 last year--begins with a mid-sized sedan to be built starting early next year in Chattanooga, Tenn. Later, the new factory will add the Polo small car or a mid-sized SUV--possibly both. Here is a rundown of VW's product plans through 2013.

New Morgan Three-Wheeler Revealed +video

New Morgan Three Wheeler This really is a case of Morgan going back to its roots, with a traditional 3-wheel Morgan to tempt drivers looking for real, wind-in-the-hair, traditional motoring on a budget. A budget that will be just £25k + tax. Morgan say they’ve made the New Morgan Three-Wheeler as close to an aeroplane as possible, with space for driver and passenger and a bit of ‘stuff’ in the rear holdall.