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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.

Opel teases upcoming Cascada convertible

General Motors is teasing a new convertible set to go on sale in Europe early next year. Named Cascada, the four-seat convertible is based on the Opel Astra platform but is slightly larger than the Audi A5. U.S.

Porsche 911 Sport Classic (2009) first official photos

By Tim Pollard First Official Pictures 02 September 2009 09:05 Here's a special edition to slaver over: Porsche today announced plans to build a limited run of the new 911 Sport Classic. Inspired by the Carrera RS 2.7 in parts of its wardrobe, the 911 Sport Classic will be built in very limited numbers with just 250 cars planned. Perhaps on account of its price – it'll cost well over double the cost of a regular 911 Carrera S...The 911 Sport Classic is designed to showcase the bespoke skills of Porsche Exclusive, Stuttgart's do-anything-for-anyone personalisation division.