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Ford GT Sells For a Record $11 million at RM's Monterey Auction

RM Auctions sold a 1968 Ford GT40 Gulf/Mirage coupe Friday night at its Monterey sale for $11 million, setting a record for the highest price paid for an American car at auction. The Friday sales showed once again a very strong market for cars selling at auction, according to statistics gathered by classic car insurance giant Hagerty. In comparing this year's sales to last year, the total number of cars sold in two days of auctions was down slightly while the total amount generated -- $67.5 million – is far greater, as is the average selling price.

BMW Concept e motorcycle

BMW has revealed a new electric scooter concept, the Concept e, at the 2011 Frankfurt motor show as part of BMW Motorrad's focus on issues of individual single-track mobility. The Concept e, which was presented alongside BMW's electric i3 and i8 vehicles, is designed to convey the importance that BMW sees in the emotional dialogue between the rider and the vehicle. The Concept e is immediately recognizable as a BMW motorcycle, with the ‘split face' running from the upper trim section to above the front wheel cover.

2014 Chevy Corvette appears in Gran Turismo 5

Information on the seventh-generation Chevy Corvette has been popping up in different places for months. First we saw the front end leaked by a supplier. Then we saw mules testing with C6 bodies.