Jeep Hat / Cap Sky Blue on 2040-parts.com

Honda Insight goes for $1,560 less with new base model

Honda slashed $1,560 from the base price of its Insight hybrid for the 2011 model year, creating a new entry-level trim that carries a sticker price of $18,950, including destination charges. The move gives the Insight a pricing edge of about $4,610 over the Toyota Prius. The Insight LX was the base model for the 2010 model year, and its price started at $20,510.

Ford GT Sells For a Record $11 million at RM's Monterey Auction

RM Auctions sold a 1968 Ford GT40 Gulf/Mirage coupe Friday night at its Monterey sale for $11 million, setting a record for the highest price paid for an American car at auction. The Friday sales showed once again a very strong market for cars selling at auction, according to statistics gathered by classic car insurance giant Hagerty. In comparing this year's sales to last year, the total number of cars sold in two days of auctions was down slightly while the total amount generated -- $67.5 million – is far greater, as is the average selling price.

New 2015 Skoda Fabia revealed – well, sort of

The design sketch of the 2015 Skoda Fabia We’re not entirely sure we can consider the design sketch of the new Skoda Fabia (above) as a reveal of Skoda’s supermini, but it is a clue to what we can expect when the new Fabia arrives in the coming weeks. Skoda tell us that the new Fabia will be taking its design cues from the Vision C Concept we saw at Geneva – and the new Octavia –  and that is a new direction for Skoda  with added width and a flatter body creating, say Skoda, more harmonious proportions. Of course, the design sketch of the new Fabia has the usual artistic license to make it more dynamic than the reality will be, with the end product when it arrives likely to look much like a smaller version of Skoda’s latest efforts.