M120713 Donaldson Muffler Oval Style 5 on 2040-parts.com

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.

Rolls Royce bucks the downturn

[ad#ad-1] All we seem to have written about recently is the doom and gloom in the car industry. Bail-outs begged for, production shut-downs, low sales and lay-offs. But one manufacturer seems to be defying the odds, and has just posted record sales figures for the year.

Nissan will recall 908,900 vehicles globally for accelerator sensor glitch

Nissan is planning to recall approximately 908,900 cars globally due to a flaw in the accelerator sensor that can cause the engine to stall, Reuters is reporting. The vehicles included in the recall were produced in Japan between 2004 and 2013, and include the Serena, X-Trail, Lafesta, and Fuga models. For the U.S.