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Arizona auctions: Scottsdale sales net an estimated $157 million
Mon, 24 Jan 2011WITH VIDEO -- Five days of sales staged by auto auction companies in the Phoenix area pulled in a combined estimated total of $157 million, according to Hagerty Insurance. The five companies staging auctions--Barrett-Jackson, Gooding & Co., RM Auctions, Russo and Steele and Silver Auctions--offered 2,887 lots for sale and sold 2,325 of them, an 81 percent sell-through rate. A 2006 Ferrari FXX Evoluzione at the Gooding auction was listed as the top single sale with a price of $2.09 million, Hagerty said.
News watch November 2012: today's auto industry news
Fri, 30 Nov 2012Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Friday 30 November 2012• Europe's trade ministers are looking at a free-trade pact with Japan, despite resistance from EU car manufacturers. Currently Japanese cars attract a 10% tariff upon import to Europe.
Citroen DS5 production-ready a Frankfurt
Wed, 31 Aug 2011Citroen DS5 - Production ready at Frankfurt The Citroen DS5 debuted at Shanghai earlier this year – after a suitable tease, of course – but is arriving at Frankfurt as a production-ready car. Not that we can work out what Citroen has changed on the DS5 to make it production-ready. It still looks concept-y good to our eyes, and has a more than fighting chance of making inroads against more conservatively styled competition.