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RM Auctions buys Auburn complex from Kruse

RM Auctions has bought the Kruse International Auction Park in Auburn, Ind., from financially troubled auctioneer Dean Kruse and plans to hold the site's annual Labor Day weekend car auction Sept. 2-6. Rob Myers, RM Auction CEO, said his company will spend the next several weeks making upgrades to the auction facility and lining up consignments.

Arizona auctions poised for record year

Gooding & Co. finished its second and final day of auctions on Saturday, and as has become the norm, beat last year's totals. Closing out its week at an estimated $34.9 million, eight lots made it into the million-dollar club.

Who's Where: Bryan Nesbitt appointed VP of Design for GM North America

General Motors is looking to inject some newfound flair into its North American product lineup. Effective June 1, Bryan Nesbitt, currently Executive Director of Design at General Motors Europe will become Vice President of Design for North America and relocate to the company's technology headquarters in Warren, Michigan. The 38 year old, credited with the forward-thinking but retro PT Cruiser design in 1996, began his career at DaimlerChrysler and became the youngest design executive when he was appointed Executive Director of Body Frame Integral at General Motors in 2002.