Monterey auctions set sales records

Monterey 2012 entered the record books not only besting all previous sales totals, but also producing some astonishing individual sales results. Although final numbers are not in, the folks at Hagerty Insurance had observers at each auction who kept a running total while every car crossed the block. Expect the total numbers to go up as postblock deals were being put together by each auction house.

Film Friday: 'Styling and the Experimental Car' takes us from Da Vinci to the Ford Mustang

Last time we popped into the Ford Design Studios, it was the late 1960s and everyone was strung out on black turtlenecks and jazz flute. We're traveling a few years further back in time today, but Ford Design Studios remains our destination. "Styling and the Experimental Car," released in 1964, doesn't start off like a modern promo piece might.

Lotus NOT for sale as Proton sold to DRB-Hicom

Lotus NOT for sale - at least not for two years Despite rumours that Lotus was for sale, the sale of Lotus parent Proton to DRB-Hicom appears to preclude any sale of Lotus for two years. We reported recently that Lotus owners Proton had been advised to sell its loss-making Hethel car-maker Lotus as it geared up to be divested of State ownership in Malaysia. But it seems the sale of Proton in to private hands is to have the opposite effect.