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Ford GT Sells For a Record $11 million at RM's Monterey Auction

RM Auctions sold a 1968 Ford GT40 Gulf/Mirage coupe Friday night at its Monterey sale for $11 million, setting a record for the highest price paid for an American car at auction. The Friday sales showed once again a very strong market for cars selling at auction, according to statistics gathered by classic car insurance giant Hagerty. In comparing this year's sales to last year, the total number of cars sold in two days of auctions was down slightly while the total amount generated -- $67.5 million – is far greater, as is the average selling price.

Cycling charity given pothole funds

MONEY TO ENABLE more cyclists to report pothole problems through a new smartphone application is being provided by the Government. Whitehall is giving £30,000 to help cycling charity the Cyclists' Touring Club (CTC), revamp its '"Fill That Hole" website and develop a new app. More than nine million iPhone users can download the website's current app to report potholed roads to their councils.

Fiat 500 Abarth USA: A sexy little number

Fiat 500 Abarth USA - Seduction Fiat had high hopes for the Fiat 500 in the US, hoping to emulate the success MINI has enjoyed by tickling the trendy button in US car buyers’ brains. But that plan hasn’t been an unmitigated success. Talk to car lovers in California and they’ll say there’s a Fiat 500 outside every coffee shop; same in New York.