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1965 Shelby Daytona Cobra sells for $7.25 million at Monterey auction

The championship-winning 1965 Shelby Daytona Cobra Coupe CSX2601 sold for a record $7.25 million on Saturday at an auction in Monterey. The sale is believed to be a record for an American car at auction. Bob Bondurant drove it to victory in the 12 Heures du Reims--fittingly on the Fourth of July in 1965 to secure the FIA title.

GM, Chrysler get cold shoulder from consumers, report says

General Motors and Chrysler clearly have an image problem. In a classic case of: "It's not me--it's you," fewer consumers are considering the two Detroit automakers in the wake of their pleas for government assistance and bankruptcy rumors. The share of buyers who would make a GM car their primary choice fell 12 percent, and the share of Chrysler intenders dropped by one third, according to a study released Thursday by CNW Research of Bandon, Ore.

Marc Girard appointed head of Interior Design at BMW Cars

Marc Girard starts his new job as head of the Interior Design department at BMW Automobiles today, taking over the post previously held by Michael Ninic who died unexpectedly last year. His appointment also alleviates some of the pressure put on Adrian van Hooydonk, who has effectively been managing both exterior and interior design departments for BMW Cars as well as acclimatizing to his new role as design director of the BMW Group following Chris Bangle's departure last month. A BMW Group designer for the last 15 years, French-born Girard was most recently team leader for Interior Design at BMW Automobiles, having been promoted from the position of head of interior design at MINI - a role he filled from 2004 to 2006.