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Hyundai blamed for France’s economic woes

French Industry Minister Arnaud Montebourg has accused Hyundai Kia of ‘Dumping’ cars in the French market. In an apparent bid to galvanise the workforce of PSA and Renault to emulate French Farmers by setting fire to the competition, French Industry Minister, Arnaud Montebourg, has claimed that Hyundai and Kia are ‘Dumping’ cars in to the French market to undermine sales of Peugeot, Citroen and Renault. Well, he would, wouldn’t he?

Fiat 500 1957 edition hits showrooms this spring

Fiat will introduce its limited production Fiat 500 1957 Edition that will arrive in showrooms late this spring. The Fiat takes design cues from its vintage Italian roots, giving buyers a throwback feel with its interior and exterior styling. Buyers can get into the 500 1957 starting at $21,200 including destination and handling fees.

Money flows at Monterey Auctions

Buyers of classic vehicles have dug deep into their pockets at auctions on the Monterey Peninsula, easily topping the sales totals from last year with one auction still remaining. More than $203 million has been spent on 704 vehicles, for an average sale price of $288,360. In 2011, the auction houses set a record for total sales during Pebble Beach week at $197,732,538 having been spent on 881 vehicles for an average sale price of $224,441.