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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.

SsangYong makes a pitch to grab UK Chevrolet dealers

The new SsangYong Korando (pictured) could be heading for Chevrolet showrooms GM’s decision to drop the Chevrolet brand from the UK and Europe in 2015 to focus on Opel and Vauxhall brands could leave standalone Chevrolet dealers with a problem. But Korean car maker SsangYong – now owned by India’s Mahindra – are jumping in quickly to propose an alternative for disenfranchised Chevrolet dealers in the UK looking for another brand to fill their showrooms and service bays. SsangYong say they have openings for new dealerships in England, Scotland and Wales and are looking for dealers principles with Chevrolet franchises to get in touch to see if a deal can be done.

RAC Foundation – Road charging is inevitable

The RAC Foundation calls for Road Charging. According to RAC Foundation Director Stephen Glaister, a predicted 33% increase in traffic by 2025 and a reduction in road building schemes and cuts in general make a  pay as you go system the answer to congested roads. All of which is fine and dandy – it gives the RAC Foundation something to do and gets them a bit of PR – but it”s hardly joined-up thinking.