Chevelle 4 Speed Console Trim on 2040-parts.com

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.

One Lap of the Web: Hemi history, vintage Audis and Detroit Grand Prix

We spend a lot of time on the Internet -- pretty much whenever we're not driving, writing about or working on cars. Since there's more out there than we'd ever be able to cover, here's our daily digest of car stuff on the Web you may not otherwise have heard about. -- Watch a Pontiac Grand Am meet its demise as Pennsylvania sanitation workers crush it with a garbage truck.

VW Golf R 400 could get more than 400PS – which makes a bit of a nonsense of its name

The VW Golf R 400 (pictured) may not actually be an R 400 The Beijing Motor Show last month saw the debut of the VW Golf R 400, an extreme take on the VW Golf R with a full 400 PS (395bhp) at its disposal. When Volkswagen revealed the R 400 as a concept we did note that it looked more production-ready than concept, and it took VW less than a week to confirm that the Golf R 400 was indeed heading for production. Now, just to muddy the waters a bit (or raise expectations), VW’s R&D chief Heinz-Jakob Neusser has said that when the Golf R 400 does arrive it could well be with more than 400PS.