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Mecum achieves record-setting auction in Dallas with 1967 Corvette L88 convertible

Mecum is no stranger to hosting million-dollar auctions all over the United States. Their most recent event in Dallas put collector Buddy Herin's 1967 Corvette L88 Convertible in the spotlight, making it one of the most successful auctions in Mecum history. Being just one of 20 produced during that year, this rare breed made history for its $3.2 million price tag, the highest price ever achieved for a Corvette at any auction.

Jets land on Rodeo Drive

Tail fins will be all over Rodeo Drive on Father's Day, June 16. The Rodeo Drive Committee has chosen “The Jet Age” as its theme for this year's street-closing concours, with tail-finned cars of the '50s and '60s lined up on the 300 block of the famous street. And to top it off, and perhaps because they made a nice contribution, parked on the 200 block will be a mock-up of the new Lear 85 business jet in all its carbon-fiber glory -- with the tail fin but minus the wings.

Jaguar XKR-S GT (2013) first official pictures

This is the new top dog of the Jaguar XK family: the XKR-S GT. Built to celebrate 25 years of Jaguar ‘R’ models, the road-legal GT carries a host of track-focused modifications: there’s carbon aerodynamic aids, chassis tweaks, and the promise of a sub-7min 40sec Nurburgring lap time. A regular XKR-S manages 7min 50sec around the 'Ring in comparison.