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RM Monaco sale tallies $43,410,615

RM Auctions sold 87 percent of the lots it offered at its Monaco sale held last weekend at the Grimaldi Forum. The result was $43,410,615 in total sales, with six lots bringing more than $2 million and 10 lots bringing more than $1 million. A 1957 Ferrari 625 TRC Spider drew the biggest bid, selling for $6,469,848.

Mazda 3 saloon unveiled at LA Auto Show

By Ben Pulman Motor Shows 19 November 2008 17:00 Mazda has officially unveiled its new 3 four-door saloon at the LA Auto Show today, revealing the car in full and releasing more technical details. A five-door hatchback (favoured in Europe) will be shown at the Bologna motor show in December 2008, and form the basis of a hot MPS model. The current 3 is Mazda’s best-selling vehicle, accounting for one third of the Japanese manufacturer’s sales (and a total of 1.8 million units over the past five years).

Hyundai plans bigger V8 for Genesis, Equus

When the Hyundai Equus luxury sedan goes on sale this fall, it will be powered by the 4.6-liter Tau V8 from the Genesis sedan. But at an unspecified later date, both the Equus and Genesis sedans will get a new 5.0-liter version of the Tau engine making 429 hp and 376 lb-ft of torque. Hyundai also is working on all-wheel drive for its rear-wheel-drive cars, which is to say the Genesis and Equus, which ride on different versions of the same platform.