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Money flows at Monterey Auctions

Buyers of classic vehicles have dug deep into their pockets at auctions on the Monterey Peninsula, easily topping the sales totals from last year with one auction still remaining. More than $203 million has been spent on 704 vehicles, for an average sale price of $288,360. In 2011, the auction houses set a record for total sales during Pebble Beach week at $197,732,538 having been spent on 881 vehicles for an average sale price of $224,441.

Aptera Motors reaches end of the road

Start-up EV manufacturer Aptera Motors has announced it is going out of business. The brainchild of former Chrysler brand manager and CEO of ASC Inc, Paul Wilbur, the company had gained approval for a $150 million loan from the U.S. Department of Energy's advanced vehicle fund, but was unable to find further backing.

Police authorities turning a blind eye to lane hoggers

REX Features MSN Cars can exclusively reveal that just 13 drivers have been fined for lane hogging on the M25 since new laws were introduced last year – while thousands are still penalised for breaking the speed limit. The news comes following a freedom of information request carried out by MSN to the six police authorities covering London’s orbital motorway, which according to the Department for Transport carries 153,000 vehicles a day. Fines for middle-lane hogs from this FridayOn Bing: see pictures of motorway lane hoggers The law was changed on 16 August 2013 to give police officers the power to fine motorists £100 for sitting in the middle lane of the motorway, or any other form of driving considered “careless”, such as tailgating.