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Sold out: RM sells entire vehicle inventory at Hershey auction

RM Auctions recorded a 100 percent sell-through rate at its Vintage Motor Cars of Hershey (Pa.) event. With more than 140 vehicles featured, the auction house posted $8.8 million in total sales. There was worldwide interest for the cars as bidders on the phone and the Internet represented 18 different countries, including Argentina, Turkey and Australia.

McLaren Automotive First Anniversary: 1,000 McLaren MP4-12C sold and counting

McLaren Automotive is a year old and is celebrating selling over 1,000 McLaren MP4-12Cs in the first twelve months. It’s actually a bit more than  three years since Ron Dennis announced the formation of McLaren Automotive, which had a live launch on Cars UK on 18th March 2010. But McLaren don’t seem to acknowledge that date as the start of McLaren Automotive but instead prefer the date the first MP4-12C was sold – exactly one year ago today on June 21st 2011.

Crunch watch August 09: the auto industry

By Tim Pollard, Alex Michaelides, Ben Pulman and Freddie Fulton Motor Industry 31 August 2009 10:00 Welcome to CAR's news aggregator as we round up the seismic change in the auto industry. Top tip: news summaries are added from the top hour-by-hour  Monday 31 August 2009• Bank holiday today in UK; staff on a well earned break from Crunchwatch!Friday 28 August 2009• Toyota will stop producing vehicles at the New United Moor Manufacturing plant in California next March. Company officials and California governor Arnold Schwarzenegger announced the decision, which comes in the wake of factory partner GM’s announced that it would abandon the venture back in June (Detroit News)• Tengzhong may finalise its deal to buy Hummer from GM next week, well placed sources told AN (Automotive News, subscription required)• German economics minister Karl-Theodor zu Guttenberg says it is 'hardly realistic' for GM to keep hold of its European outfit Opel and Vauxhall (Automotive News Europe, subscription required)• Ford's US cop car favourite, the Crown Victoria, is going to cease production in 2011 (Detroit News)Thursday 27 August 2009• Nissan and Chrysler have abandoned plans to build cars for each other in the wake of Chrysler’s alliance with Fiat.