2007 Porsche Boxster Base Convertible 2-door 2.7l on 2040-cars

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5 highlights from the 2018 Petersen Automotive Museum Auction

From the avant garde exterior design to the collection of vehicles between the walls, the Petersen Automotive Museum in Los Angeles is one of the coolest car museums in the U.S., and possibly the world. Among several others, the Petersen has two featured exhibits, The Porsche Effect and Legends of L.A. But the museum has a different type of viewing coming up at which you could touch, or even buy, a variety of special vehicles. After hosting its SoCal auction on the coast in Santa Monica for several years, RM Sotheby's has moved the event to the more central location of the museum. In addition to several works of art, the auction which takes place the weekend of December 7, will show several dozens of blue-chip vehicles, chosen by RM Sotheby's 30 car specialists. After sorting through lots that range from microcars to new-age supercars, here are five of the highlights that caught our eyes. 1956 Ferrari 290 MM by Scaglietti Projected Value: $22,000,000-$26,000,000 Without question, this is the crown jewel of the entire show. As the eldest and most experienced of the 11 total Ferrari lots, its estimated value of $26 million is more than five times the values of the other five cars listed below combined. From the jump, Ferrari threw the 290 into the line of fire. Starting its life with a four-cylinder 860 Monza engine and a Tipo 520 chassis, its first race was the Mille Miglia. Peter Collins was behind the wheel and racing photographer Louis Klemantaski was his copilot. Ferrari took the top five spots in the race, with this car, chassis No. 0628, finishing second. It went on to see multiple races and took on multiple forms, including a V12 swap at one point. After switching through the hands of multiple owners, it was sent to Ferrari Classiche in Maranello, where it was restored to its form at the time of the 1957 12 Hours of Sebring. It retains its original chassis, original bodywork, and original transmission, and houses the V12 from its 290 MM spec. The restoration was completed in 2015, and the car remains in incredible shape today. 1971 Lamborghini Miura P400 SV by Bertone Projected Value: $2,100,000-$2,500,000 Simply put, the Miura is one of the most significant supercars, and therefore one of the most important cars, of all time. Its two-seat, mid-engined configuration seismically shifted what a performance could and should look like, and its V12 gave it the power to be the fastest car in the world when it debuted.

Coronavirus prompts VW to stop production throughout Europe

FRANKFURT — Volkswagen Group, the world's biggest carmaker, is suspending production at factories across Europe as the coronavirus pandemic hits sales and disrupts supply chains, the company said on Tuesday. The German carmaker, which owns the Audi, Bentley, Bugatti, Ducati, Lamborghini, Porsche, Seat and Skoda brands, also said that uncertainty about the fallout from coronavirus meant it was impossible to give forecasts for its performance this year. "Given the present significant deterioration in the sales situation and the heightened uncertainty regarding parts supplies to our plants, production is to be suspended in the near future at factories operated by group brands," Chief Executive Herbert Diess said on Tuesday. Volkswagen's powerful works council concluded it was not possible for workers to maintain a safe distance from each other to prevent contagion and recommended a suspension of production at its factories from Friday. Production will be halted at VW's Spanish plants, in Setubal in Portugal, Bratislava in Slovakia and at the Lamborghini and Ducati plants in Italy before the end of this week, Diess said. Most of its other German and European factories will prepare to suspend production, probably for two to three weeks, while Audi said separately it would halt output at its plants in Belgium, Germany, Hungary and Mexico. Volkswagen's vast factories in Chattanooga, Tennessee, in Puebla, Mexico, and plants in Brazil were not affected, but that would depend on how the coronavirus spreads, VW said. Volkswagen has 124 production sites worldwide of which 72 are in Europe, with 28 in Germany alone. "2020 will be a very difficult year. The coronavirus pandemic presents us with unknown operational and financial challenges. At the same time, there are concerns about sustained economic impacts," Diess said.   Production in China resumes Volkswagen Group sold 10.96 million vehicles last year, putting it ahead of Toyota based on the latest figures from the Japanese carmaker. Globally, VW employs 671,000 people and it delivered 4.86 million vehicles to European customers in 2019. Only last month the car and truck maker based in Wolfsburg, Germany, predicted that vehicle deliveries this year would match 2019 sales and forecast an operating return on sales in the range of 6.5% to 7.5%. "The spread of coronavirus is currently impacting the global economy. It is uncertain how severely or for how long this will also affect the Volkswagen Group.

2017 Porsche Panamera revealed: It's finally pretty

Things are looking up for the Porsche Panamera. Dynamically, it's always been good – fast, comfortable, and much more spacious than something like a 911 – but the general consensus is that the first-gen Panamera's styling was, shall we say, less successful. All that changes for the second-generation car. Despite being longer, wider, and taller than before, it's much more attractive, with a lower roofline that sweeps back toward the rear haunches with a pleasing arc. There's a clear styling link to Porsche's mainstay, the 911. The new Panamera's body is made mostly from aluminum, minus some high-strength steel and the optional large, panoramic roof overhead. LED lighting elements front and rear look suitably up-to-date, especially the interconnected design of the taillights. Wheels range from 19 inches to 21, with 20s standard on the Turbo. Porsche isn't just recalling its current sports car with the new Panamera. The central tachometer is designed to evoke the one in the 1955 356 A, more colloquially known as the Speedster. Beside that one analog throwback, however, the latest Panamera is fully modern and technologically advanced. Two seven-inch screens flank the tach, and the Porsche Advanced Cockpit includes a 12.3-inch tablet-like touchscreen in front of the driver. Apple CarPlay is available, but there's no mention of Android Auto. A new thermal imaging camera makes it easier to see in the dark. A completely new range of engines powers the second-gen Panamera, starting with a twin-turbo 2.9-liter V6 that puts out 440 horsepower and 405 pound-feet of torque. In the Panamera 4S, that's enough to launch the saloon to 60 in 4.4 seconds (4.2 with the optional Sport Chrono Package) and to hit a top speed of 180 miles per hour. The Panamera Turbo boasts a 4.0-liter, twin-turbo V8 with 550 hp and 567 lb-ft. The 0–60 run takes just 3.6 seconds (3.4 with Sport Chrono) and the top speed is 190 mph. Both the 4S and the Turbo come with standard all-wheel drive and an eight-speed PDK dual-clutch automatic transmission. Much of the chassis tech from the last Panamera is carried over, including Porsche Active Suspension Management, Porsche Torque Vectoring Plus, and active roll stabilization. The available active air suspension has been updated with a three-chamber design. The 2017 model adds rear-wheel steering as an option, borrowed from the 911 line.