Inside the most significant supercar auction of the year

When Gordon Murray Automotive’s new Special Vehicles division revealed the S1 LM during Monterey Car Week in the summer, it said all five examples had already been bought by a single person. It seemed that, not only did the stunning three-seat, V12-powered supercar resemble Murray’s McLaren F1, but the way it was sold reminded the […]

Rowan Atkinson’s restored 1963 Jaguar E-Type is up for auction

The Jaguar E-Type is one of the most well-known and celebrated trims in the carmaker’s history, but the model that’s up for sale at the NEC Classic Motor Show auction on November 8 has a backstory that’ll make it especially appealing to fans of celebrity rides. Iconic comedian Rowan Atkinson’s 1963 Series 1 3.8 Coupé […]

Tesla faces investigation over reports full-self driving runs red lights

The National Highway Traffic Safety Administration opened a new investigation into Tesla’s Full Self-Driving feature, looking into dozens of reports of some cars running red lights and driving the wrong way down lanes of opposing traffic. Key Takeaways What Problems Is The Nhtsa Looking Into? Investigators identified 18 complaints and one media report of Tesla […]

Ferrari

Ferrari shares plunge in worst day ever as guidance worries analysts

Shares of Ferrari plummeted in European and U.S. trading on Thursday, marking the luxury automaker’s worst day yet in both markets after unveiling updated guidance for earnings that fell well below analyst expectations. Key Takeaways Crucial Quote Ferrari CEO Benedetto Vigna, while discussing the automaker’s long-term guidance, said, “I think people were expecting a higher […]