2015 Polaris Sportsman 570 on 2040-parts.com

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.

Stunning pictures of classic cars in Paris

The classic car market is booming and there have been not one, but two, auctions of beautiful historic cars in Paris in the past week alone. We've already reported on the inaugural RM Auctions Paris sale, which saw nearly £15 million's worth of the world’s rarest and most exotic cars going under the hammer, including a Jaguar D-type that sold for more than £3 million. The other was the annual Bonhams Les Grand Marques du Monde au Grand Palais car auction.

GM profits surge to $3.2 billion in first quarter

General Motors on Thursday posted net income of $3.2 billion for the first quarter, its fifth straight quarterly profit since emerging from bankruptcy. Stripping out one-time charges and gains, including $1.6 billion in income from the March sale of GM's ownership in Delphi Automotive, GM earned $2 billion before interest and taxes. GM's net income for the January-through-March period a year earlier was $865 million.