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BMW M5 celebrates 30th birthday, promises a surprise

The BMW M5 has been with us for 30 years. That's right: The E28 premiered in the fall of 1984 as a 1985 model after its debut at the Amsterdam Motor Show. Even though its performance figures have aged somewhat (in the best way possible), it's important to remember that it was the fastest production sedan in the world when it premiered.

Opening day auction results from Monterey

In results gathered by Hagerty Insurance, $5.8 million worth of cars, trucks and motorcycles were sold Thursday at auctions on the Monterey Peninsula. A total of 190 of 323 lots were sold, for a sell-through rate of 59 percent. The average selling price was $30,511.

Spyker & Youngman D8 SUV & Phoenix Joint Venture

Spyker and China’s Youngman are launching joint ventures to build the Spyker D8 SUV and develop the Saab Phoenix platform. Did you really think Victor Muller would come out of Saab with nothing? Especially after he told is in April he was looking for investors to push the Spyker D8 SSUV in to production? Muller’s Spyker and China’s Youngman – putative seller and buyer of Saab – are teaming up with a pair of joint ventures that will see Spyker’s long awaited Super SUV – the once D12 SUV and now D8 – coming to market, and Saab’s Phoenix Platform exploited.