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Saturday night's all right at Barrett-Jackson auction

Auction company Barrett-Jackson has a long-standing tradition of selling cars with no reserve--meaning the car is sold to the highest bidder regardless of price--but a change in that policy saw several million-dollar sales Saturday night at the annual extravaganza in Scottsdale, Ariz. While most of the cars crossing the Barrett-Jackson auction block continue to be sold at no reserve, the auction giant offered up several classics with a reserve and the results were impressive. The top five sellers all eclipsed the magical million-dollar figure with the auction broadcast live on Speed TV.

EV charging points 'to top 100,000 by 2020'

THERE will be more than 10 times the number of electric car charging points as petrol stations by 2020 – and that’s just one of the planned networks. According to POD Point CEO Erik Fairbairn, the conditions are beginning to emerge to allow electric and plug-in hybrid cars to flourish, leading to an explosion in charge point installations in the coming years that could top 100,000 just in POD Point’s own infrastructure. There are currently fewer than 9,000 petrol stations on British roads.

BMW to supply engines to Saab, reports say

Saab and BMW AG have agreed on a deal that allows the Swedish carmaker to use engines made by BMW, according to a person with direct knowledge of the matter. Saab will initially purchase BMW engines for the 9-3 model that is scheduled for release in late 2012, said the person, who asked not to be identified before a contract is signed. The carmakers plan to sign and announce the pact in Trollhattan, Sweden, on Wednesday, the person said.