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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.

Swedish raincoat company teases Volvo Concept Estate

Volvo has brought the station wagon back to America; one small slice of the automotive continuum has been set to right. But the new V60 is a rather slinky, sporty thing, far removed from the box-plus-box-equals-box machines of the wagon's Stateside heyday. If this glimpse of the Swedish brand's new Concept Estate is any indication, do not expect a reversion to angularity when the next generation of cars arrives.

UK Car Sales down 272,000 in 2008

Well, we knew the car industry was in trouble, and that in the last quarter of 2008 car sales fell off a cliff. But it has now been confirmed that overall sales for the UK in 2008 fell by 272,212 units, or 11.3%. December figures alone showed a drop of 21.2% year on year.