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Italy's government auctions luxury cars…on eBay
In a bold statement regarding the crackdown on government waste in Italy, six state-owned luxury cars have been listed on internet auction site eBay. Offers started rolling in on Thursday for the vehicles, which included two BMWs, two Alfa Romeos and two Lancias. The government said that over the next three weeks, a total of 151 "nonessential" cars would be sold. The first set of cars to go under the hammer - which were once owned by the Interior Ministry – had attracted bids totaling $82,000 by 6.00 a.m. London time on Friday morning. Read More Europe's recovery depends on Renzi's Italy A 2009 BMW 525 with ... (full story)