Italian carmaker Fiat is investing €1.2 billion ($1.6 billion) in luxury brand Maserati, hoping to surpass German rivals BMW and Porsche. Fiat, which controls the U.S. carmaker Chrysler, will invest in three new Maserati models to aid in boosting sales to 50,000 cars in 2015 – a massive increase from the 6,159 last year. The new [...]
Detroit Auto Show – 10 Cars Worth Waiting For in 2011
Mercedes-Benz SLS E-Cell Price: $220,000 (est.) On Sale: 2013 The Mrecedes-Benz SLS E-Cell isn’t a new car, it was unveiled this past summer, but its appearance in Detroit shows that Mercedes-Benz is serious about electric speed. This is a battery-powered version of Mercedes’s SLS supercar, one that uses four electric motors to produce 526 hp [...]
RM’s Auctions America Sales Topped $13 Million
The new owner of a long-running classic car auction in northern Indiana considers its first edition of the traditional Labor Day weekend sale a success, a company spokeswoman said. Auctions America by RM bought the former Kruse Auction Park in Auburn in July and said more than 25,000 people attended the weekend event, during which [...]

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