Barrett-Jackson undergoes independent audit of 2008-09 auction results

Barrett-Jackson Auction Co. is opening the books on its 2008-09 auction season for an independent review by auditors from Deloitte & Touche. The auditors will examine Barrett-Jackson's auction practices, including its consignment process, bidder qualification procedures, adherence to contract sale terms and proper, timely and accurate payment to sellers.

New Ford Fiesta ST sales double expectations – production increased

Ford Fiesta ST (pictured) is selling so well Ford is having to increase production The new Ford Fiesta ST may have taken longer to get from concept to showrooms than expected, but now it’s here it’s proving to be a big hit for Ford. Ford finally managed to get the new Fiesta ST in to production in February, and at the time we commented that we thought the new ST would be a big hit with buyers. That’s down not just to how good the new Fiesta ST is, but because it comes at a very appealing price – just £17k for the regular ST and £1k more for the much better equipped ST2 – which undercuts Peugeot’s 208 GTI by £2k whilst offering similar performance but better dynamics.

Toyota chief: Scion in no danger of shutdown

Despite three years of lackluster sales, Toyota's Scion youth brand is not in danger of being shut down, Toyota Motor President Akio Toyoda said. “There is no concern, no danger for Scion in the future,” Toyoda said in a roundtable interview with journalists at the Detroit auto show on Monday. Scion's U.S.