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RM auction in Monaco rakes in $45.1 million

Call it the Feast of Ferrari. Led by a stunning lineup of rare and classic automobiles wearing the Prancing Horse, sales at the RM auction in Monaco on May 1 totaled more than $45.1 million. The highest seller at the event was a 1962 Ferrari 400 Superamerica Cabriolet Pininfarina AWB, which sold for $3.8 million, a record for Superamericas, RM said.

Toyota FT-86 Concept – say ‘hachi roku’

The Toyota FT-86 Concept will preview at Tokyo The FT-86 (hachi roku is Japanese for 86) is a small (13′ 8″ long) rear-wheel drive sports coupe which is going to turn up not just as a Toyota but also as a Subaru. It uses the 2.0 Boxer engine found in the Impreza, but by the time it finds its way to market in 2011 – as both a Toyota and a Subaru – it’s likely to get the next generation Boxer lump. The FT-86 is Toyota’s way of launching itself back in to the sports market – a market it once did well in with cars like the MR2 – and gain some credibility, and custom, from younger drivers.

Lada XRAY Concept – it’s the Lada Evoque

Lada has revealed an appealing looking compact SUV concept at the Moscow Motor Show – the Lada XRAY Concept For those of us who grew up on Lada skips – and even for younger readers who only really know Lada for the Niva 4×4 or the Granta – the appearance of a good-looking Lada Concept - the Lada XRAY – at the Moscow Motor Show is a bit of a surprise. But if we look at who’s behind the XRAY, perhaps we shouldn’t be surprised. Steve Mattin, formerly with Mercedes and Volvo, penned the new Lada, and a very convincing job he’s done.