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Ford GT Sells For a Record $11 million at RM's Monterey Auction

RM Auctions sold a 1968 Ford GT40 Gulf/Mirage coupe Friday night at its Monterey sale for $11 million, setting a record for the highest price paid for an American car at auction. The Friday sales showed once again a very strong market for cars selling at auction, according to statistics gathered by classic car insurance giant Hagerty. In comparing this year's sales to last year, the total number of cars sold in two days of auctions was down slightly while the total amount generated -- $67.5 million – is far greater, as is the average selling price.

2014 Toyota Highlanders recalled over seatbelt issue

Toyota has announced a recall of a number of 2014 Highlander SUVs, citing issues with one of the seat belts. Specifically, the seat belt assembly in the middle seat of the third row may not have been properly attached to a floor anchorage during factory assembly. The affected vehicles were built from November 20, 2013, to January 18, 2014.

Jaguar & RSC “Are partners in the business”

Jaguar XJ outside the Royal Shakespeare Company (click for full image) We did warn you. It’s the 50th anniversary of the launch of the Jaguar E-Type and Jaguar are out to celebrate the anniversary in any way they can conjure. All things E-Type kicked off at the Geneva Motor Show last week with the original E-Type launch car – a Geneva launch at that – on hand to celebrate all things Jaguar.