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Big Spenders Flock To Bohnams Festival Of Speed Auction

GOODWOOD’S Festival of Speed might be famous for the action on its famous hill, but there’s more to the self proclaimed ‘world's largest motoring garden’ than just the racing. And just to prove the point, this year the annual Bonhams sale earned a staggering £22.6 million on the Friday of the event. The star attraction was a 1954 Ferrari 375-Plus, as used in iconic road races such as the Mille Miglia, Targa Florio and Carrera Panamericana, which sold for £10.7 million following a fierce battle between bidders.

Chrysler gets improved performance and handling marks from Consumer Reports

Chrysler Group is making strides to improve handling and performance of its vehicles, but the gains vary from model to model, according to tests by Consumer Reports magazine. The magazine said Tuesday that its recent tests of eight 2011 Chrysler Group models found advances in performance, interior fit and finish and handling. But it said the level of refinement in some vehicles still lags behind rivals.

Honda introduces GEAR concept in Montreal

We already know that Europe often gets better cars than we do in the United States, but now Canada is getting in on the action, too. At the press days of the Montreal International Auto Show, the Japanese company introduced the Honda GEAR Concept. The car is reportedly inspired by fixed-gear bicycles -- gag me with a spoon -- and Honda says it's simple, utilitarian, but also customizable.