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John Fitch's Phoenix up for auction

John Cooper Fitch -- World War II hero, racer par excellence, safety pioneer, and all-around nice guy -- used to show off his Phoenix at the annual Greenwich Concours d'Elegance in southwestern Connecticut, not terribly far from his 1700s estate in his beloved Lime Rock. The Phoenix was his vision of an American Porsche, a strange mashup of a De Tomaso Pantera with Corvette Stingray. Twin humps on the fenders hid dual spare tires, different sizes for the front and rear.

Pontiac Lives: Tire-smokin' GTOs and Trans Ams set for SoCal auction

It's been almost a year since General Motors announced the end of the road for Pontiac. While the century-old brand has now joined Oldsmobile, Plymouth and a long list of other iconic makes in the automotive afterlife, the collector market remains more alive than ever. A lineup of 27 classic Pontiacs, including 17 GTOs, will cross the auction block in June.

Lotus's glimmer of hope: Proton stands by Hethel

After another painful year of sales for Lotus in the UK – down 58% on 2011 - Norfolk's beleagured sports car brand has kicked off the New Year with the grand unveiling of its new flagship Malaysian showroom, and the thumbs-up from senior Proton company suits that Lotus isn't on its last legs. The announcement comes in the same week Lotus’s sales figures were released for 2012. Showing a substantial 58% decrease in sales and selling just 137 vehicles, Lotus Cars was the worst performer in the UK with a woeful 0.01% share of the market.  Are Lotus's Malaysian owners sticking by the company?