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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.

Citroen DS3 Cabrio Racing 'concept' (2013) first pictures

Citroen will show a 'concept' version of the DS3 Cabrio Racing at the 2013 Goodwood Festival of Speed – though it looks all but production ready to us. The DS3R Cabrio uses the same 202bhp 1.6-litre engine as the DS3R hot hatch, but weighs an extra 25kg thanks to the folding rood conversion. Citroen DS3 Cabrio Racing: the details The DS3 R Cabrio is mechanically identical to the hard-top DS3 R, with the same six-speed manual gearbox, Citroen Racing-tuned chassis, and uprated brakes.

The return of the Real MINI

The MINI Concept - heralding the revival of the Isetta and Topolino marques [ad#ad-1] Back in January, we speculated on the return of the Topolino and Isetta marques in a joint venture by BMW and Fiat to launch a range of super-eco city cars to rival those that manufacturers like VW and Mercedes are developing. And according to Auto Express those plans are getting close to being realised. This is a bold move by BMW and Fiat to gain ground over their rivals with models that offer extreme economy, but sport a legendary moniker to give the models added kudos.