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Monterey auction kicks off with woodies sale

The Sports and Classics of Monterey auction is in full swing, and a collection of classic woodies netted $7 million Thursday. The Nick Alexander Woodie Collection featured 51 pristine pre- and postwar Ford and Mercury wood-bodied station wagons. The event was staged by RM Auctions in advance of the Pebble Beach Concours d'Elegance.

London 'most costly' for car cover

MOTORISTS living in London faces paying almost four times the amount that a driver in the Isle of Man would spend on their car insurance, a study has revealed. AA Insurance, which compiles an index of the typical cost of car insurance for someone who shops around, named London as the most expensive place in Britain to insure a car, followed by the postcode area of IG, which includes Ilford, Chigwell, Woodford Green, Buckhurst Hill, Loughton and Barking, with Greater Manchester in third place. The IM (Isle of Man) postcode was found to be the cheapest place to insure a car, with the average quote for someone there who shops around standing at £231.

Nissan developing supercharged hybrid for Infiniti

Nissan Motor Co. is developing a supercharged hybrid powertrain likely to arrive in 2014 in the Infiniti JX crossover. This configuration advances the system used in the rear-wheel-drive Infiniti M35h Hybrid but has been revised for use on the front- and all-wheel-drive JX.