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Auctioneer Dean Kruse's money woes continue

Auburn, Ind., auctioneer Dean Kruse has been ordered by a local court to pay more than $1.3 million to an Indiana bank, and a leasing company has asked a federal judge to repossess Kruse's 1985 Cessna jet, which had been insured at $3.5 million. These two recent events are on top of several months' worth of financial woes for one of the classic-car world's best-known auctioneers. AutoWeek reported in August that people from across the country were complaining that they had not been paid for cars sold at various Kruse International auctions.

New Jaguar XE (Jaguar C-X16) Spy Video

New Jaguar XE Spy video - or C-X16, if you prefer Will Jaguar’s new small Roadster – which we’re persisting in calling the Jaguar XE – actually turn up at Frankfurt 2011? Yes, but in the guise of what Jaguar are calling the Jaguar C-X16 ‘production concept’. We’ve had some spy photos of the Jaguar XE before – and we had Jaguar’s sketch of the C-X16 a couple of weeks ago, which told us nothing – and now we’ve got video of the XE (or at least a cut-down XK mule) out testing in Death Valley.

GM to seek another shared Toyota model to replace Vibe

Even as it shrinks its North American product portfolio, General Motors is negotiating with Toyota Motor Corp. to determine a new GM product to be jointly produced at the automakers' 50-50 joint venture, New United Motor Manufacturing Inc. A GM spokesman said that, if successful, the negotiations would result in a new model for one of GM's surviving brands -- Chevrolet, Buick, GMC or Cadillac.