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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.

Range Rover Sport (2014) [w/Gallery]

This is the new, second-generation Range Rover Sport, unveiled at the New York Auto Show. While the first Sport – introduced in 2005 – was a tentative toe in the water for a second Range Rover model line, this new model forms the center of a three-model range, between Evoque and full-fat Range. At 4,850mm long it's 62mm longer than the car it replaces but 149mm shorter than the new Range Rover, while its wheelbase has grown by 178mm to increase rear access – particularly important as there's now the provision of a pair of occasional seats in a third row.

Nissan expands Beijing studio

With the expansion of the Chinese market, the country's position in the automotive industry is increasingly important. Homegrown design elements look set to enhance brand competitiveness, while the on-the-ground knowledge garnered by Chinese studios is becoming invaluable feeding back into global companies. It's clear therefore that Nissan Design China (NDC) will play an increasingly important role in Nissan's global design network.