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RM auction in Monaco rakes in $45.1 million

Call it the Feast of Ferrari. Led by a stunning lineup of rare and classic automobiles wearing the Prancing Horse, sales at the RM auction in Monaco on May 1 totaled more than $45.1 million. The highest seller at the event was a 1962 Ferrari 400 Superamerica Cabriolet Pininfarina AWB, which sold for $3.8 million, a record for Superamericas, RM said.

Porsche: Plans for new small Roadster dropped

Porsche boss confirms no 21st century Porsche 550 will be built Porsche has finally dropped plans for a new small roadster to sit below the Boxster and based on VW’s BlueSport. The idea of a smaller Porsche to sit below the Boxster has been floating around for what seems like forever. But it seems like the idea has finally been put out to grass by Porsche boss Matthias Mueller.

Peugeot 2008 SUV sales strong – production to double

Peugeot are increasing production of the 2008 compact SUV (pictured) to meet demand We have a bit of a soft spot for a number of Peugeots, and we were convinced that the 2008 compact SUV would be a winner for PSA. And it seems it is. When we revealed UK prices for the 2008 last month, we commented that we thought Peugeot’s target of selling 8,000 a year in the UK was a modest one, and it appears Peugeot is quickly discovering the 2008 is even more popular than they’d hoped.