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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.

Damon Hill’s bid to close P1 'unsuccessful'

By Tim Pollard Motor Industry 20 March 2009 16:04 Damon Hill’s bid to wind up the P1 supercar club in the High Courts of Justice has been rejected – for now. The former F1 world champion is pursuing money owed to him and issued a petition to close down P1 to pay the debt. But Hill’s co-founder of P1 International, and current chief executive officer, Michael Breen told CAR Online that the petition to wind up his business had been unsuccessful.

2013 Peugeot RCZ facelift priced from £21,595

The facelift for the Peugeot RCZ – revealed at the Paris Motor Show – will cost from £21,595 when it arrives in January 2013. The main change for the RCZ is the loss of the old ‘big gob’ Peugeot nose, to be replaced by a much more appealing front that fits in with the rest of Peugeot’s current crop of cars, complete with LED running lights, new grill and headlights and a bigger air intake with chrome bars. As well as the more obvious changes to the exterior, the RCZ gets some minor interior tweaks, with the Sport spec getting auto lights and option of half leather and leather/Alcantara. The GT spec RCZ gets a few more changes including 19″‘Technical’ alloys, interior sports kit, new interior colours, the option of matt black roof arches, new body transfer decals and more alloy choices.