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Ultra-rare 1936 Bugatti Type 57SC Atlantic sold

A 1936 Bugatti Type 57SC Atlantic was sold to an undisclosed buyer, auction house Gooding & Co. said on Wednesday. The price was not revealed, but it's believed to have sold for between $30 million and $40 million.

Fourth annual World Automotive Design Competition winners announced

The fourth annual World Automotive Design Competition was hosted by the Canadian International Auto Show in Toronto, Ontario, on February 17. Students were asked to design a world car that has universal appeal. Christophe Charbault, a design student from the Ecole de design at the Universite de Montreal, won the first prize of US $10,000.

Audi to extend U.S. diesel offerings with A4 sedan

U.S. consumers will have the option of a TDI engine in Audi AG's next-generation A4 sedan, the automaker said today, expanding a campaign to sell more diesel engines in the United States. A new version of the A4, Audi's longtime U.S.