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Vintage cars cross the auction block at Meadow Brook

An impressive array of gleaming classics crossed the block on Saturday at RM Auctions' Vintage Cars of Meadow Brook sale in a white linen event that showcased the grandeur and glamor of automaking in the Motor City in the early part of the Twentieth Century. The 16 annual auction, held on the eve of the Concours of America at Meadow Brook, is located about a half an hour north of Detroit on the grounds of a mansion where the widow of auto pioneer John Dodge one lived. Unlike the other RM auction, held in an convention hall on the other side of town in the spring, the Meadow Brook event carries an austere demeanor, and the automobiles roll with a similar vibe.

British Grand Prix 2014: Result

British Grand Prix 2014: Result The 2014 British Grand Prix at Silverstone was all set up for a cracking race with the Williams and Ferraris at the back of the grid after calling the rain wrongly in qualifying and Lewis Hamilton in sixth after his own bad judgement on the state of the track. But did that make for an exciting race? Hamilton moved from sixth to fourth at the start – and Button up to second – but the first lap saw a heavy crash by Kimi Raikkonen – collecting Felipe Massa in a near head-on in the process – bringing proceedings to an abrupt halt.

GM returning to leasing with luxury vehicles

General Motors will return to the leasing business focusing on luxury vehicles, but not on a broader basis, Vice Chairman Bob Lutz said. "We will get back into leasing, but we are not going to use massive subsidized leasing to drive volume because it's volume without profitability," Lutz said July 29 in an interview with Automotive News. "We'd rather sell less at higher profit than sell more at lower profit." Lutz said it still would make sense for GM to do more leasing on its luxury vehicles.