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Russo and Steele auction remains closed

The Russo and Steele Collector Automobile Auction remained closed on Saturday as work crews continued to asses damage and clean up from high winds that destroyed two tents at the auction site in Scottsdale, Ariz., on Thursday night. In a message posted on the Russo and Steele Web site, CEO Drew Alcazar said he would meet with consignors of the cars at the auction on Saturday morning. He added that the auction would remain closed on Saturday but that Russo and Steele would work to hold auction sessions on Sunday and Monday.

Porsche 918 Spyder crashes in Germany

Porsche is in hot water with German authorities following an accident involving a prototype version of the gasoline-electric hybrid-powered 918 Spyder on a public road last month, according to reports in the German media. The accident, which took place between the towns of Bietigheim-Bissingen and Ludwigsburg (close to Porsche's research-and-development center), saw the 875-hp 918 Spyder spin out of control and collide with a guard rail. Parts of the new $845,000 Porsche flagship are said to have broken loose in the collision before being collected by an oncoming car.

Toyota Corolla (2014)

The 2014 Toyota Corolla is the company's eleventh generation of the world's best-selling model, with almost 40 million sold since the first appeared in 1966. In line with the attempt to inject some interest into Toyota's model range (witness the new Avalon for example), this new Corolla is based around the mantra ‘Iconic Dynamism', whatever that might mean. The result is a car that certainly appears more interesting than its forebears on the evidence of these pictures.