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Arizona auctions: Scottsdale sales net an estimated $157 million

WITH VIDEO -- Five days of sales staged by auto auction companies in the Phoenix area pulled in a combined estimated total of $157 million, according to Hagerty Insurance. The five companies staging auctions--Barrett-Jackson, Gooding & Co., RM Auctions, Russo and Steele and Silver Auctions--offered 2,887 lots for sale and sold 2,325 of them, an 81 percent sell-through rate. A 2006 Ferrari FXX Evoluzione at the Gooding auction was listed as the top single sale with a price of $2.09 million, Hagerty said.

Porsche Panamera Convertible coming

Porsche are planning a 2 door Panamera Convertible That new Porsche 928 now looks an even more likely possibility after Automotive News reported that Porsche are looking to make a convertible Panamera. But it won’t be a four door convertible, but a two door. The report says that is to help with rigidity (we buy that) and to keep weight down (yeah, just like they have on the saloon), but what it does mean is that Porsche could easily engineer a fixed-roof, shortened Panamera to create a high-end GT in the style of the 928.

2014 Land Rover LR4 goes supercharged V6, stop/start tech

Land Rover revealed the details of the 2014 Discovery on Tuesday. In the States we know the big SUV as the Land Rover LR4. A supercharged 3.0-liter V6 will replace the 5.0-liter V8 and an eight-speed ZF automatic transmission will replace the old six-speed.