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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.

Jaguar teases arrival of new XJ sedan

With the launch date of the redesigned XJ sedan drawing closer, Jaguar is starting to prime the pump by releasing an overhead view of the new car. The teaser shot gives us a look at the car's glass panoramic roof. The new XJ, which we expect to get a clear look at late this summer, uses a reengineered version of the current XJ's aluminum chassis.

Carroll Shelby recovering from health scare

Racing legend Carroll Shelby is slowly recovering from a recent health scare and could leave the hospital in the coming weeks. Shelby has been hospitalized after catching the flu, which turned into a case of pneumonia. Shelby, 89, has received heart and kidney transplants over the course of his life and dealt with a number of health issues.