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Ferrari 250 Testa Rossa set for Monterey auction

A 1958 Ferrari 250 “Pontoon Fender” Testa Rossa will be featured in August at RM Auctions' 25th Sports & Classics of Monterey event. The Scaglietti-designed race car, serial number 0738 TR, is expected be one of the most valuable cars ever offered during Monterey's auction week. “RM set the current world-record price for a car sold at auction with another pontoon-fender TR selling for $12.4 million,” said Rob Myers, chairman and CEO of RM Auctions.

Saab 9-2, just a pipe dream?

The Web is lit up today with stories of an upcoming Saab 9-2 because Spyker CEO and Saab owner Victor Muller evidently has sketched what he sees as a new small Saab. It could be a pipe dream, but Muller insists the Swedish automaker really wants it to happen. Muller has been quoted as calling it "a small car, a quirky car, a Saab in the truest sense of the word." Muller said the car would be a small front-drive hatch, a little bigger than a Mini.

Land Rover DC100 concept

Land Rover's new DC100 concept vehicle is due to make its debut at the 2011 Frankfurt motor show, with the manufacturer also confirming that a new Defender is anticipated for 2015. The DC100 concept will be building upon the existing characteristics of the car and it is hoped that the concept will act as a catalyst for debate concerning the future of Defender models. The design team is headed by Gerry McGovern, Land Rover's director of design, who says, "This isn't a production-ready concept but the beginning of a four-year journey to design a relevant Defender for the 21st century." John Edwards, global brand director at Land Rover, explains that the manufacturer wants to engage with existing customers to finalise the details of the new vehicle as part of their plans to direct the future of the Defender.