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Barrett-Jackson Palm Beach auction rakes in $18 million

Barrett-Jackson's Palm Beach auction concluded on Sunday with more than $18 million in sales at the South Florida Fairgrounds. A 2011 Ford Mustang Shelby GT500 crossed the block for $1,000,000. That sale benefited the Wounded Warrior Family Support charity, which is not to be confused with the Wounded Warrior Project.

New CAFE proposal would add $5,000 to sticker price, dealer group says

An Obama administration proposal to nearly double today's fuel economy standards could end up tacking on $5,000 to the sticker price of a new vehicle, a top official with the National Automobile Dealers Association said Tuesday. The proposal, which seeks to raise the corporate average fuel economy to 54.5 mpg by the 2025 model year, would force automakers to adopt costly fuel-saving technologies that could eventually price some buyers out of the new-car market, said Don Chalmers, chairman of NADA's government relations committee. NADA, a dealer trade association, represents 16,000 new-vehicle dealers who operate 32,500 franchises.

Bahrain F1 win for Button & Brawn GP

Button wins for Brawn GP in Bahrain - the third win of the F1 season for Button/Brawn GP [ad#ad-1] It looked after practice and qualifying that Brawn’s measure had been acquired; at least by Toyota and  Red Bull. After all, the best Brawn could manage was fourth on the grid with Button, and a front row lock-out by Toyota, and Vettel’s third on the grid, seemed to strike a note of reality for this years F1 season. Those who condemned Brawn’s early success this year called it luck.