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Secrets of bidders: Is this your year to steal a car at the Arizona auctions?

Each January, enthusiasts flock to Arizona for the most exciting events on the auction calendar. Seven companies--Barrett-Jackson, RM Auctions, Gooding & Co., Russo and Steele, Kruse International, ICA Auctions and Silver Auctions--will duke it out, with more than 3,000 collector cars on the block. But with real estate tanking, the economy in a tailspin, consumer confidence at an all-time low, retail car sales bottoming and automakers begging for loans in Washing-ton, is this any time to buy an old car at auction?

New Lexus RC F to rival BMW M4

Lexus has confirmed the first details of a new RC F high performance model, which will debut at the Detroit Motor Show 2014 next week. Driven by what’s said to be the most powerful 5.0-litre V8 ever offered by Lexus, the RC F is set to top the new RC coupe range that was unveiled at the 2013 Tokyo Motor Show last November. A spiritual successor to the old Lexus IS F, the RC F will become the first rival to challenge the new BMW M4 later this year.

Book captures Ford's Farley launching F-bomb at GM

A new book about the Detroit auto industry rebuilding itself is showing that old rivalries are still alive and kicking in the Motor City. In Once Upon a Car by Bill Vlasic, Ford Motor Co.'s marketing chief lobs an F-bomb at General Motors. "We're going to beat on them, and it's going to be fun," the book quotes Jim Farley, Ford's group vice president of global marketing, sales and service, as saying.