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Opening day auction results from Monterey

In results gathered by Hagerty Insurance, $5.8 million worth of cars, trucks and motorcycles were sold Thursday at auctions on the Monterey Peninsula. A total of 190 of 323 lots were sold, for a sell-through rate of 59 percent. The average selling price was $30,511.

Toyota's incoming chairman wants new Supra

Toyota Motor Corp.'s incoming chairman said he wants the sports car the company is developing with BMW to be a midsized vehicle comparable to the discontinued Supra. Toyota's next sports car should be like the Supra so that it doesn't overlap with the 86 coupe, Takeshi Uchiyamada said in an interview today in Osaka at a gathering of members of the Keidanren, Japan's biggest business lobbying group. Still, such decisions are up to engineers, Uchiyamada said.

New ‘flash-for-cash’ insurance scam warning

Newspress Motorists are being warned about the rise of a new type of ‘crash-for-cash’ insurance scam dubbed ‘flash-for-cash’, which involves criminals flashing their headlights to let innocent victims out of side roads, then driving straight into them. Flash-for-cash incidents are said to be costing the UK car insurance industry £392 million a year – which means the scam is adding as much as £50-£100 to every ordinary driver’s insurance policy. Car insurance – scams and mythsMassive car insurance fraudsCompare car insurance As with better-known cash-for-crash schemes, where a criminal deliberately brakes their car for no reason so the person behind crashes into them, the major problem with tackling this kind of crime is that it’s difficult to prove.