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Chrysler ‘Thomas Special' steals the show at RM Meadow Brook auction

Posting more than $10 million in total sales, RM Auctions' Vintage Motor Cars of Meadow Brook event had an unexpected top seller on July 24. After crossing the auction block at $858,000, a 1953 Chrysler coupe known as the “Thomas Special” became the event's headliner. It was estimated to sell for $350,000 to $500,000.

Lamborghini Aventador roadster revealed

The much-anticipated Lamborghini Aventador roadster is joining the supercar stable of the famous Italian purveyor of performance. The LP 700-4 Aventador roadster will cost in the neighborhood of $445,300, and it can be ordered at any Lamborghini dealership. It follows the one-off Aventador J (for Jota) that was revealed this spring at the Geneva motor show.

White House pushes for Friday deal on fuel-economy regulations

The White House wants to announce as early as Friday that it has reached agreement with most automakers on a plan to raise corporate average fuel economy targets to 54.5 mpg by 2025, manufacturers' representatives said Wednesday. While no automakers have signed on to the Obama administration plan yet, most--including Ford, Toyota, General Motors and Chrysler--are generally supportive and intend to do so, the industry officials said. Each manufacturer is trying to iron out technical issues with the White House before endorsing the proposal.