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Saturday night's all right at Barrett-Jackson auction

Auction company Barrett-Jackson has a long-standing tradition of selling cars with no reserve--meaning the car is sold to the highest bidder regardless of price--but a change in that policy saw several million-dollar sales Saturday night at the annual extravaganza in Scottsdale, Ariz. While most of the cars crossing the Barrett-Jackson auction block continue to be sold at no reserve, the auction giant offered up several classics with a reserve and the results were impressive. The top five sellers all eclipsed the magical million-dollar figure with the auction broadcast live on Speed TV.

Renault Sand'up concept

This is Renault's new Sand'up concept, developed by Renault Brazil and unveiled today at the 25th Salão Internacional do Automóvel in São Paolo. The modular 2+2 coupé can not only transform into a cabriolet, but it can also be used as a pickup by lowering the rear bench seat. As most pickups in Brazil are bought for their sporty image and not used for heavy workloads, but rather as an adventurous and fun vehicle, the car makes use of the rear passenger compartment by incorporating a mechanism that lengthens the cargo bed by up to 40cm to accommodate a range of objects.

Nissan scales back on auto shows

Nissan said on Friday that it will not participate in some of the major auto shows in its new business year starting April 1, Reuters is reporting. The reason: to save money. This means no Nissan display at the show in Frankfurt in September and probably another absence in Detroit in January 2010.