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Rare early Jaguar E-Type sells for £88,000

ONE OF THE MOST RARE Jaguar E-Types, and one of the first to be built in the 1960s sold has at auction for more than £88,000. An anonymous British buyer from the south of England bought the iconic sports car at an auction in Ascot, Berkshire. The hammer fell at £77,000, but with a buyer's premium the final bill was £88,040, a spokesman for Coys the auctioneers said.

Watch the Official Cars 2 trailer, version 3

Disney Pixar has given us a third sneak-peek at the upcoming Cars 2 movie. Lighting McQueen, Tow Mater, Sally and the gang this time battle spies, international conspiracies and a host of new bad guys as they hit the circuit. Cars 2 will open June 24, 2011, and AutoWeek will be bringing you all the latest from the Disney Pixar crew leading up to the release.

Hyundai Tiburon replacement to be smaller, less expensive

The successor to the Hyundai Tiburon will be a smaller and less expensive car, the company says. The new car will be "positioned below the current Tiburon," said John Krafcik, acting CEO of Hyundai Motor America. The car is expected in 2011.