Kc Hilites Kc #1786 on 2040-parts.com

GM to keep GMC, Pontiac, exec says

A senior General Motors executive today denied reports that President Barack Obama's automotive task force has pressured the automaker to dump GMC and Pontiac. Company sales chief Mark LaNeve also denied rumors that GM plans to terminate the franchise agreements of poorly performing dealers before June 1 to accelerate its dealership consolidation campaign. "The strategy we laid out for you [in February] is still the strategy," LaNeve, GM's vice president of vehicle sales, service and marketing, said today in an interview with Automotive News.

Video: Classic Car TV looks at Pebble Beach and the Triumph Spitfire

If you haven't yet seen an episode of Classic Car TV, this new production from the car nuts at Hagerty Insurance provides a weekly rundown of news, events and fun stuff in the world of old rides. The show is still in its infancy, but as this second episode proves, it's starting to find a rhythm. Here, Matt Richmond and the gang take a closer look at some of the auction results and concours cars from Pebble Beach.

4x4 prices rise sharply

FOUR-WHEEL-DRIVE cars are soaring on the used car market, according to car auction house British Car Auctions (BCA). Off-roader values rose by up to 16% in October as the first signs of winter emerged. With some medium-term weather forecasts highlighting a colder-than-average winter, BCA is predicting that 4x4 prices may keep rising.