Steve McQueen’s cars go for big bucks

A 1963 Ferrari 250 GT like this one is worth a lot of money. Almost half a million dollars, in fact. But this one, which was first owned by the actor Steve McQueen, sold for five times that. Call it the McQueen premium. Celebrity ownership usually adds very little to...

Toyota Australian Manufacturing to End by 2017

Toyota said today that it plans to shutter its Australian auto manufacturing operation by 2017. The announcement marks the end of the country’s entire auto manufacturing industry. “Our focus will now be to work with our employees, suppliers, government and the unions...

Mercedes-Benz S-Class Coupe Leaked

The first photo of the production 2015 Mercedes-Benz S-Class coupe has leaked, showing off the German automaker’s successor to the CL-Class. Seen in concept form at last year’s Frankfurt Motor Show, the S-Class coupe replaces the former CL-Class luxury coupe and is...