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Arizona auctions: Scottsdale sales net an estimated $157 million
Mon, 24 Jan 2011WITH VIDEO -- Five days of sales staged by auto auction companies in the Phoenix area pulled in a combined estimated total of $157 million, according to Hagerty Insurance. The five companies staging auctions--Barrett-Jackson, Gooding & Co., RM Auctions, Russo and Steele and Silver Auctions--offered 2,887 lots for sale and sold 2,325 of them, an 81 percent sell-through rate. A 2006 Ferrari FXX Evoluzione at the Gooding auction was listed as the top single sale with a price of $2.09 million, Hagerty said.
2014 Beijing Motor Show: weird and wonderful Chinese cars
Wed, 23 Apr 2014The Chinese auto industry might not be the most important in the world yet, but it’s getting there. It’s already the top market for a large number of top-tier brands like Mercedes-Benz, and the industry has progressed to the point where companies including Nissan are setting up brands specifically to cater to the needs of Chinese buyers. But as far as Chinese brands go, things are very much a work in progress.
Ford 'video snack' makes technology more appetizing
Tue, 16 Apr 2013Whether you opt for it or not, many cars sold today come loaded with technology. Some drivers are savvy and learn how to navigate many of the features right away; others drive for months or even years before they crack the code of their vehicle's capabilities. Ford's new video snack approach presents a palatable method of teaching new car owners all they want to know about their new vehicle.