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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.

Aston Martin still aiming for a Lagonda SUV

Aston Martin still aiming for a Lagonda SUV (pictured) Aston Martin has never had the easiest of financial journeys, and that’s no different today than it ever was in the David Brown days. Only last week we reported that Aston Martin made a thumping big loss in 2012, despite its cars having iconic status and generally considered to be the most beautiful cars made. But there is light at the end of the very long tunnel of AML’s financial woes, and that revolves round the recent investment by Investindustrial in Aston Martin and its subsequent tie-in with AMG.

Toyota at the London motor show 2008

By James Foxall and CAR reader reporter Sandy T Motor Shows 23 July 2008 13:01 With a massive 18-car product offensive planned for 2009, Toyota should have been one of the stars of this year's London show. But there's a clue in the timing; 2008 is a quiet year for Toyota, with a lull before next year's storm of new models. What’s new on Toyota’s London motor show stand?