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Chrysler ‘Thomas Special' steals the show at RM Meadow Brook auction
Wed, 28 Jul 2010Posting more than $10 million in total sales, RM Auctions' Vintage Motor Cars of Meadow Brook event had an unexpected top seller on July 24. After crossing the auction block at $858,000, a 1953 Chrysler coupe known as the “Thomas Special” became the event's headliner. It was estimated to sell for $350,000 to $500,000.
News watch August 2010: today's industry news
Thu, 26 Aug 2010Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourTuesday 31 August 2010• HSBC has sold its US car loan business to Spanish bank Santander, for an estimated £2.6bn in cash and assumed debt. The move sees the bank further distance itself from the collapsed US sub-prime market (Financial Times, subsription required) • Toll roads do not improve congestion, according to the Campaign For Better Transport. Its claims M6 toll road operator Midland Expressway Ltd is losing ‘tens of millions of pounds’ each year, while conditions on the original M6 have failed to improve (Campaign for Better Transport) Friday 27 August 2010• Spyker, which bought Saab earlier this year, has posted a €139m loss after tax in the first half of 2010 it announced today (Financial Times)• Fiat CEO Sergio Marchionne says the business is performing strongly in the third quarter – and has ruled out selling Alfa Romeo.
New Land Rover Discovery Sport leaks ahead of tomorrow’s debut
Tue, 02 Sep 2014First photo of the new Land Rover Discovery Sport The new Land Rover Discovery Sport - the start of a new line of Discovery models that will replace both the current Discovery and Freelander – is due to be revealed tomorrow. But it’s here already. Autoblg.it has jumped the gun and publsihed photos of the new Discover Sport ahead of tomorrow’s reveal, and it looks better than the Discovery Vision Concept did.