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.

Hyundai Intrado revealed before Geneva

The Hyundai Intrado crossover debuts next week at the Geneva motor show, but the company revealed some pictures and information about the car on Monday. The Intrado is the first concept produced under the direction of Peter Schreyer, who became Hyundai president and chief design officer last January. Hyundai says the Intrado demonstrates the company's belief that advanced vehicle technologies and intelligent design can combine to engage with drivers and passengers.

2014 Honda Accord hybrid starts at $29,905

The 2014 Honda Accord hybrid goes on sale today, with a base price of $29,905, including destination. The EX-L model goes for $32,695, and the top Touring model will sell for $35,695. All versions of the hybrid get Honda’s 2.0-liter four-cylinder Atkinson-cycle engine with a two-motor hybrid system.