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Arizona auctions heat up

If you wanted to attend all of the automobile auctions in Arizona's Valley of the Sun this month, you already missed one if you didn't show up at the Scottsdale International Classic Cars Auction, Jan. 1-2. But there are plenty more.

GM files plan for stock offering

General Motors Co., moving to unwind itself from government control, on Wednesday filed plans to go public and begin selling common shares as early as this fall. The filing--anticipated for weeks--came just 13 months after GM was restructured in bankruptcy with $50 billion in direct aid from the U.S. government.

McLaren F1 debuted 20 years ago this week

It’s 20 years this week since the iconic McLaren F1 made its debut at The Sporting Club in Monte Carlo. There were many reasons why we thought McLaren would preview the new F1 to a select audience at last week’s Monaco Grand Prix, not least of which was that it’s 20 years since the first McLaren F1 was revealed to a select audience in the Principality. But it was not to be.