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Arizona auctions: Scottsdale sales net an estimated $157 million

WITH VIDEO -- Five days of sales staged by auto auction companies in the Phoenix area pulled in a combined estimated total of $157 million, according to Hagerty Insurance. The five companies staging auctions--Barrett-Jackson, Gooding & Co., RM Auctions, Russo and Steele and Silver Auctions--offered 2,887 lots for sale and sold 2,325 of them, an 81 percent sell-through rate. A 2006 Ferrari FXX Evoluzione at the Gooding auction was listed as the top single sale with a price of $2.09 million, Hagerty said.

Porsche 911 Sport Classic introduced

Porsche has announced a Limited Edition Porsche 911 that will launch at Frankfurt - The Porsche 911 Sport Classic Porsche has plundered its history to build in to the 911 Sport Classic styling cues from the past. The Sport Classic gets a ‘Duck-Tail’ rear spoiler (thank you, 1973 Carrera RS 2.7) and ‘Fuchs-Style’ alloys (ditto – at least in terms of chronology).  You can also throw in to the mix a double-bubble roof (Carrera GT et al) and black surrounds to the headlights, which is evocative of the 1970s Porsche racers. So having thrown every design cue that fits from its history, what else does the 911 SC get?

New Ferrari Enzo (F70) will NOT debut at Paris 2012

It seems that, despite expectations, Ferrari will not debut the new Enzo (F70) at the 2012 Paris Motor Show. The expectation has been for some time that the new Ferrari Enzo (F70) would debut at this year’s 2012 Paris Motor Show. But now we don’t think it is.