Both outlets report that the new M3 will come with more than 510 horsepower, thanks to a slightly uprated version of the "S58" 3.0-liter twin-turbocharged inline-six found in the latest X3 M and X3 M Competition models...
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Auction of one-of-a-kind Porsche
Auction of one-of-a-kind Porsche!
A much-hyped car auction sputtered out in the weirdest way Saturday. A 1939 Porsche “Type 64,” the only of its kind still existing, was expected to sell for around $20 million at an auction by RM Sotheby’s BID, +0.52% in Monterey, Calif., on Saturday night. Auction-goers heard bidding start at $30 million, then $40 million, and as the now-abuzz crowd gasped and cheered, it quickly zipped up to $70 million — a record price for any car auction....
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The EV startup burned through $800 million by the middle of 2018 and was seeking an installment of $700 million from Evergrande as operating cash for the remainder of the year, which was expected to see the start of production for the FF 91. Evergrande allegedly refused to provide the $700 million, which triggered the arbitration that is being conducted in Hong Kong.....
Mercedes-AMG released this sketch of a show car the company will display at the Geneva auto show next week.
