Double Oh My! James Bond Aston Martin sells for $4.6 million

Perhaps the single most breathtaking car of the fall auction season, a 1964 Aston Martin DB5--better known as the James Bond car--sold for $4.61 million to Ohio collector Harry Yeaggy on Wednesday at the RM Auctions Automobiles of London sale. The Aston was expected to sell for more than $5 million, and the sale fell a bit short of that, registering a final bid of 2.6 million British pounds, or $4,114,760. Buyer's premiums raise the total sale price to $4.61 million.

From 'Made in China' to 'Designed in China'

Visitors to the recent Auto China in Beijing may have noticed an impressive new Chinese sports car – called Aculeus – on one of the smaller exhibitor stands. The concept car is the latest project undertaken by CH-Auto Technology Corporation – one of a growing number of automotive R&D service companies based in China that provides support to the OEMs. The company was established in August 2003 by Lu Qun, an engineer who originally trained at Tsinghua University and later specialized in engine development testing.

NHTSA funds development of alcohol-measuring start button

The National Highway Traffic Safety Administration awarded Takata-TruTouch some $2.25 million to continue to develop its In-Vehicle Alcohol Detection test, the company said. Takata, a safety and technology company, and TruTouch have created a vehicle start button with an integrated infrared sensor that can measure your blood-alcohol content. If the reading exceeds legal limits, the system can disable the starter.