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Video: Hagerty reviews Thursday action at Monterey Peninsula auctions

The Hagerty team--Rob Sass, Donald Osborne and Dave Kinney--review the Thursday action at auto auctions on the Monterey Peninsula, surrounding the Pebble Beach Concours d'Elegance: Mecum, Bonhams and Russo and Steele. The Monterey Week is packed with car shows, vintage racing and car auctions. Autoweek will be there providing streaming photo galleries and live coverage of the Pebble Beach Concours d’Elegance, historic racing at Laguna Seca, the Monterey car auctions and much more.

GM wants to wrap up Opel sale quickly

General Motors is anxious to wrap up the sale of Opel, a top executive said Tuesday. The bidding has been narrowed to Canadian auto parts conglomerate Magna--which is favored by the German government--and Belgian investors RHJ International. "I think everyone is anxious to get this thing done," GM CFO Ray Young said, according to Automotive News.

Amazing garage-find Jaguars to be auctioned

TWO REMARKABLE Jaguars that were found abandoned in separate garages are to be sold at auction. A 1961 E-Type, one of the earliest ever made and confirmed as chassis number 40, was discovered just a few weeks ago in a garage near Le Mans by Coys auction house, which will also complete the sale. The car hasn’t moved since it was left in the garage in 1974, although Coys claims the engine was last started five years ago and it still turns over freely.