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Sold out: RM sells entire vehicle inventory at Hershey auction

RM Auctions recorded a 100 percent sell-through rate at its Vintage Motor Cars of Hershey (Pa.) event. With more than 140 vehicles featured, the auction house posted $8.8 million in total sales. There was worldwide interest for the cars as bidders on the phone and the Internet represented 18 different countries, including Argentina, Turkey and Australia.

New Kia Flagship Showroom in West London

With Kia sales growing strongly in the UK, Kia are building a new flagship showroom in West London next to the A4 and M4. Just like sister car maker Hyundai, Kia’s offerings are becoming more credible with every new model and in a clear sign of the ever-rising confidence from the Koreans, Kia is planning a big new flagship showroom in West London. The new Kia showroom – which will sit alongside the A4 and M4 in Brentford, key car showroom territory – will consist of four floors, a curved facade with a ‘floating’ upper showroom with multi-level parking for visitors, and extend to a rather large 41,237 sq ft.

SAIC Leaf concept

The Shanghai Automotive Industry Corporation (SAIC) will unveil this futuristic concept at next week's Beijing motor show. Called the Leaf, the new concept has no relation to Nissan's concept car shown in Tokyo last year. It is a much more fanciful two-seat concept car whose design is entirely open to the elements, and it also features a slew of environmentally-friendly technologies.