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1961 Ford Gyron concept scale model sells for $40,000

A scale model of the 1961 Ford Gyron concept has sold at auction for $40,000, around four times its estimate. The space-age concept car – designed by Alex Tremulis, McKinley Thompson, Syd Mead, Bill Dayton, John Najjar, and Elwood Engel – debuted in 1961 at the New York International Auto Show and featured two wheels mounted along the car's centerline, usung a gyroscope for stability. The full-size model – which relied on stabilizing wheels instead of a gyroscope – also predicted the development of satellite navigation systems, car phones and infrared sensing.

Eve of Eyes kicks off festivities for the EyesOn Design car show

Designers of all ages and and stripes descended on the ancestral home of General Motors styling on Thursday night for the annual Eve of Eyes event that kicks off festivities for the EyesOn Design car show. The spotlight event is always a favorite of designers to mingle, network and ponder their craft over drinks and light fare. This year, it was held in a fitting venue--the College for Creative Studies.

Mini aims to add 3 models by decade's end

BMW's Mini brand will add three models by the end of the decade, said Kay Segler, Mini's global boss. Segler would not disclose details about the models but said they will likely use an all-new BMW Group front-wheel-drive platform that debuts with the second-generation Mini Cooper hardtop in 2014. The added vehicles will bring the number of Mini models to 10.