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Unique Corvette built for 'Bunkie' Knudsen heads to auction

Rare Corvettes are in the news these days, and one car that's drawing quite a bit of attention from collectors is a 1963 Chevrolet Corvette styling car known as the "Bunkie" Knudsen Corvette, built for Chevrolet general manager Semon E. "Bunkie" Knudsen. In just a few days, this uniquely styled 1963 Sting Ray convertible distinguished by it intricately designed side exhaust will be going up for auction.

Hyundai explores pickup plans with Chrysler, report says

Hyundai proposed plans to Chrysler earlier this year to work together on a truck derived from the Ram chassis for Hyundai, Reuters is reporting. Chrysler CEO Sergio Marchionne rejected the overture from the South Korean company, Reuters says, but it's possible Hyundai could make another offer. The move could allow Hyundai to tap into a lucrative part of the U.S.

Indiana yanks Kruse auction licenses

Kruse Inc., the auction company that sold the famous William Harrah car collection and has been synonymous with auctioning enthusiast automobiles since the 1970s, has lost its licenses in its home state. The Indiana Auctioneer Commission ruled on Tuesday to revoke both of Kruse Inc.'s licenses, and the company has to wait seven years to apply for new ones, said Kelly Butters, a spokeswoman for the Indiana Attorney General's Office. Dean Kruse, president of the auction house, has had his personal license suspended indefinitely.