Arizona auctions kick up the horsepower on day 3

As the weekend approaches for the Arizona auctions, the large-dollar rides begin to drive in. Hagerty has compiled the numbers of the top-selling rides and prices thus far. RM Auctions had a $7.6 million day on Thursday with 49 of 52 lots selling.

Goodwood Festival of Speed video and gallery

By Sarah-Jayne Harrison Motor Shows 07 July 2009 11:00 We've published our main Goodwood Festival of Speed 2009 blogs and galleries here – but we've come back with so many more snapshots and handycam video clips that we've pulled them altogether on this page. So here's a rag-bag mixture of amateur handiwork from our team of roving reporters. It's a rough 'n' ready assortment of photos and videos and will hopefully share some of the high-octane feel and noise at the Goodwood Festival of Speed.Click through our gallery to the right and scroll to the foot of the page for the video clips of cars piling up Lord March's front driveway in front of 130,000 enthusiasts.

Crunch watch Dec 08: the auto industry in crisis

By Tim Pollard and Simon Stiel Motor Industry 31 December 2008 14:05 Wednesday 31 December 2008• GMAC, GM's finance arm, said it would immediately revise its criteria for providing loans, after the US government bail-out of the General's credit arm. It will now supply credit for anyone with a score of 621 or more on the Fico scale, the scale used to assess Amercian customers' creditworthiness (Financial Times)• The news means that 80% of US consumers would now qualify for a loan from GMAC – which should improve sales in the depressed US market (Detroit News)• Chrysler is being lambasted for taking out full-page adverts in the American national press thanking the nation for supporting its auto industry. But critics point out this is a fresh waste of bail-out resources, as pages in the Wall Street Journal – one of the titles in which the ad ran – reportedly cost up to $264,000.