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Arizona auctions: Scottsdale sales net an estimated $157 million

WITH 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.

Chrysler design chief says Trump is full of it

Chrysler design chief and SRT boss Ralph Gilles took to Twitter for a strongly worded rebuke of Donald Trump, telling the businessman he was "full of shit." Trump on Thursday repeated an erroneous Mitt Romney campaign claim that Jeep production was moving to China. Trump tweeted: “[President Barack] Obama is a terrible negotiator. He bails out Chrysler and now Chrysler wants to send all Jeep manufacturing to China—and will!” Gilles tweeted back: “You are full of shit!” Chrysler CEO Sergio Marchionne told employees in an email on Oct.

Volkswagen CC four-door to get R-Line trim

Volkswagen will add the R-Line trim level to the CC four-door in the United States. Powered by VW's 200-hp, 2.0-liter turbocharged four-cylinder engine, the CC R-Line will launch at the Auto Mobil International show in Leipzig, Germany, on June 1. The car will arrive in U.S.