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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.

Fiat plans new high-performance Abarth models

Abarth Abarth, the tuning company owned by Fiat, is looking to grow the number of models it offers including a hot version of the 500L supermini, MSN Cars can reveal. Speaking exclusively to MSN Cars, Marco Magnanini, the European boss of Abarth, hinted that other models from Fiat could be given the Abarth treatment. When quizzed about the possibility of an Abarth 500L, he said: “The 500 family will offer us options.

2011 World Car of the Year: Three finalists – one’s not a car

Nissan LEAF in a bubble at Geneva It looks like the WCOTY (World Car of the Year) is infected with the same set of vested interest as the European Car of the Year – they’ve voted the Nissan LEAF as one of the three finalists. By any sane measure the Nissan LEAF is not a car. It is at best a very good second mode of transport for those who don’t seek value and live in an urban area.