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Barrett-Jackson undergoes independent audit of 2008-09 auction results

Barrett-Jackson Auction Co. is opening the books on its 2008-09 auction season for an independent review by auditors from Deloitte & Touche. The auditors will examine Barrett-Jackson's auction practices, including its consignment process, bidder qualification procedures, adherence to contract sale terms and proper, timely and accurate payment to sellers.

BARONS ENDS YEAR ON HIGH

AUCTION HOUSE Barons has celebrated a successful classic car auction with 44 successful sales and a 1959 Aston Martin DB MKIII DHC making £175,000. The classic Aston had belonged to the same family since it was three-months-old and was joined by another DB MKIII example, a rolling restoration project that fetched £70,000. Another notable sale was a "time-warp" 1970 Ford Escort Delux MkI, which had covered just 2,600 miles in 40 years.

Catalytic converter thefts double in three years

Associated Press Thefts of catalytic converters from cars have more than doubled in less than three years, according to an investigation by the BBC. Data compiled from 40 police regions across the UK reveal that in 2012 a total of 8,947 catalytic converters thefts were reported, compared to 3,957 similar cases recorded in 2010. On Bing: see pictures of catalytic convertersStreet sweepers to mine UK roads for precious metals A car’s catalytic converter reduces its harmful exhaust gas emissions by initiating a chemical process to neutralise many toxic substances emitted from the engine.