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1965 Shelby Daytona Cobra sells for $7.25 million at Monterey auction

The championship-winning 1965 Shelby Daytona Cobra Coupe CSX2601 sold for a record $7.25 million on Saturday at an auction in Monterey. The sale is believed to be a record for an American car at auction. Bob Bondurant drove it to victory in the 12 Heures du Reims--fittingly on the Fourth of July in 1965 to secure the FIA title.

Mecum to auction part of baseball great Reggie Jackson's car collection

Baseball Hall-of-Famer and five-time World Series winner Reggie Jackson bought his first car before he could legally drive. And while that Ford won't be offered at the Mecum Monterey Auction, 15 cars from his collection will. A 1969 ZL1 COPO Camaro is among the headliners to cross the auction block.

Petrol cars twice as likely to fail MOT on emissions

The latest MOT test data shows that 26.2% of all cars tested fail on excess exhaust emissions – and surprisingly petrol cars fail more than twice as often as diesels in this part of the annual roadworthiness test. According to the official Vehicle Operator and Standard Agency (VOSA) figures, which cover all of 2010 and the first nine months of 2011, 9.7% of petrol cars failed to meet MOT emissions standards compared to just 3.9% of diesels. On Bing: see pictures of the MOT test Find out how much a used car with 12 months MOT costs on Auto Trader The analysis has been carried out by fuel additive “provider” Redex, which naturally has an interest in the findings, since its products are designed to breakdown engine deposits and improve efficiency.