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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.

Show Review: Goodwood Festival of Speed 2011

The Goodwood Festival of Speed began 19 years ago. Back then, it amounted to little more than a glorified hill climb for historic racecars. Since then, it has grown to become the biggest event in the UK automotive calendar outside of the Grand Prix, and takes over Lord March's West Sussex Estate annually on the first weekend of July.

2104 Mercedes C-Class: First exterior photos leak

Mercedes started to tease the 2014 C-Class last week, followed quickly by the first official interior photos of the new C-Class. Now we get the first leaked photo of the exterior. Looking very much like an evolution of the current C-Class – but with overtones of both the CLA and new S-Class – the new C-Class is going to have to be special to compete not only with the BMW 3 Series but also Mercedes own A-Class range.