Quicksilver Anode 826134q on 2040-parts.com

Europe inches towards CO2 deal

By Tim Pollard Motor Industry 24 November 2008 17:29 The European Union is close to agreement on a radically lower CO2 limit to apply to all new cars, diplomats indicated today. The EU’s 27 governments are set to agree a Europe-wide limit of 130g/km as a new-car average by 2015, according to sources in Brussels. The deal is likely to start from 2012, with full compliance three years later.

Watch: Lamborghini Cabrera testing at the 'Ring

Earlier today in our “One lap” coverage, we brought you some spy photos of Lamborghini's Gallardo successor, the Cabrera. We didn't pay for the pics so we didn't reproduce them here. Fast forward to a few hours later and we've found video evidence of the testing from YouTube user RSR Nurburg.

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.