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The all-new 2015 Chrysler 200 is finally here

Today at the Detroit Auto Show, Chrysler has official taken the covers off the new Chrysler 200 sedan. It's a complete redesign, not a facelift -- and it's here not a moment too soon. The first generation of the Sebring-derived 200 may have had some impressive ad campaigns to stoke its sales, but at the end of the day the car was never really a hot seller.

RM classic-car auction in Detroit rakes in more than $2.5 million

Two of General Motors' finest convertibles from half a century ago were the top sellers at the RM auction last weekend in suburban Detroit. A 1958 Pontiac Parisienne droptop sold for $104,500, and a 1960 Cadillac Eldorado Biarritz went for $82,500 at the annual classic-car event, April 24-25 in Novi, Mich. Prices include a buyers premium.

Luxury car price crash in China

Mercedes in China offering 25 per cent discounts on S Class Mercedes, BMW and Audi are having to offer discounts of up to 25 per cent on luxury cars in China to shift stock. The huge Chinese car market has been seen as a sales salvation for Western car makers; the automotive equivalent of shooting fish in a barrel. But it looks like that’s all changing, particularly at the luxury end of the market.