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Famed 1931 Duesenberg Whittell Coupe on the block at Gooding Pebble Beach auction

Gooding & Co. is set to auction what it claims is "America's most elegant automobile," a 1931 Duesenberg Model J by Murphy, at the company's 2011 Pebble Beach auction in August. Not to be confused with any run-of-the-mill Duesenberg Model J, this particular car is known as the Whittell Coupe after its owner, California playboy Captain George Whittell Jr.

GM shifts gears, will keep Opel

General Motors' board of directors has decided that it will keep the Opel business and restructure it, putting an end to plans to sell the European operations to auto supplier Magna International. GM said it expects the restructuring of Opel to cost $4.42 billion (3 million euros), which it says is lower than the costs associated with outside bids for the company. GM said it will soon present its restructuring plans for Opel to the German government and other governments in Europe.

Company cars linked to speeding

COMPANY CAR drivers are far more likely to exceed the 70mph motorway speed limit than private motorists, according to an RAC survey. As many as 88% of those behind the wheel in firms' vehicles regularly exceed the limit compared with 67% of private motorists. Also, 62% of company of company car drivers said they reached speeds of 80mph on motorways, almost double that of regular motorists (32%).