Arias Pistons 12.5:1 Compression 82mm Bore Honda B-series on 2040-parts.com

Arizona auctions: Scottsdale sales net an estimated $157 million

WITH VIDEO -- Five days of sales staged by auto auction companies in the Phoenix area pulled in a combined estimated total of $157 million, according to Hagerty Insurance. The five companies staging auctions--Barrett-Jackson, Gooding & Co., RM Auctions, Russo and Steele and Silver Auctions--offered 2,887 lots for sale and sold 2,325 of them, an 81 percent sell-through rate. A 2006 Ferrari FXX Evoluzione at the Gooding auction was listed as the top single sale with a price of $2.09 million, Hagerty said.

Chevrolet Code 130R, Tru 140S at 2012 Detroit show

Chevrolet's press conference at the 2012 North American International Auto Show was all about youngsters: namely the millennials, or 11-30-year-olds who hold increasing consumer power. GM reckons there are 80 million of them in the US, and they account for $1 trillion of spending power. So it's worth taking them seriously.

Concept Car of the Week: Renault Vel Satis (1998)

The approach to the design of top end models varies greatly depending on the manufacturer's heritage and the cultural differences of each country. It might be a conventional combination of wood and leather for some, power and technology for others, but it is generally packaged into a three-box four-door sedan or two-door fastback. Renault on the other hand had a much more cutting edge vision of what a luxury automobile could be.