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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.

Recall is last linked to fire hazard, Ford says

Ford Motor Co.'s new recall of vehicles that pose potential fire hazards will be its last because the latest action covers all remaining cars and trucks with cruise-control switches made by Texas Instruments, even if those switches don't pose safety risks, a Ford spokesman said today. "We did this to reassure customers and make sure there will be no future actions connected to this," spokesman Wes Sherwood said in an interview. "We've gone to extra lengths to include both vehicles with risks and those that don't show risk." Yesterday, Ford announced a recall of 4.5 million vehicles--its eighth in the past decade involving cars and trucks with faulty cruise-control deactivation switches.

Chevrolet Volt concept

By Ben Oliver Motor Shows 07 January 2007 03:24 Don't tell me – it's another me-too green car concept that's too expensive and complex to ever be made… Not quite. For a start it's an entirely new concept, and important enough to be General Motor's biggest news from the Detroit show. An electric motor drives the front wheels.