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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.

Video: Gorden Wagener on the Mercedes Aesthetics S sculpture

Daimler AG's design chief, Gorden Wagener, explains the details of the Aesthetics S sculpture, revealed at the recent Paris motor show, in a new video interview. The latest addition to the ‘Aesthetics' sculpture series, which already consists of Aesthetics No. 1 (2010), Aesthetics No.

New Peugeot 208 won’t spawn Estate or Convertible, but a 2008 SUV Crossover is planned.

There may be a new Peugeot 208 GTi (pictured) but no 208 CC or SW Peugeot has revealed that there will be no CC (Convertible) or SW (estate) versions of the new 208, but a 2008 SUV/Crossover is expected. The new Peugeot 208 has a weight of expectations resting on its new shoulders, with Peugeot finding sales harder to come by and hoping the new 208 may rekindle some of the sales fire the 205 had. So you’d think it would make sense to fill every possible niche imaginable with the 208, including spinning off various iterations in the style of MINI.