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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.

Mazda Motorsports names John Doonan director

Mazda North American Operations on Friday promoted John Doonan to director of Mazda Motorsports, effective immediately. Doonan joined Mazda North American Operations in 2003 and worked in the company's advertising and marketing department. He became manager of motorsports team development before 2005.

Mitsubishi Concept PX-MiEV (2009) unveiled

By Ben Pulman First Official Pictures 01 October 2009 15:20 This is the Mitsubishi Concept PX-MiEV, the Japanese car company’s star attraction at this month’s 2009 Tokyo motor show. The concept tag is obvious, but the PX part designates the show car as a plug-in hybrid crossover, and MiEV stands for Mitsubishi innovative Electric Vehicle. Externally the PX-MiEV drops heavy hints towards the styling of the next Outlander, but Mitsubishi has pared back the design and purposely avoided adding the 'rugged'’ elements so common to SUVs.