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Russo and Steele auction remains closed

The Russo and Steele Collector Automobile Auction remained closed on Saturday as work crews continued to asses damage and clean up from high winds that destroyed two tents at the auction site in Scottsdale, Ariz., on Thursday night. In a message posted on the Russo and Steele Web site, CEO Drew Alcazar said he would meet with consignors of the cars at the auction on Saturday morning. He added that the auction would remain closed on Saturday but that Russo and Steele would work to hold auction sessions on Sunday and Monday.

Cycling Ace Continues To Impress As He Aims For Le Mans Start

OLYMPIC cyclist Chris Hoy remains on course to make his Le Mans racing debut, despite narrowly missing out on the points in the penultimate round of the 2014 British GT Championship. His Nissan GT Academy Team RJN GT-R finished the weekend’s British GT race at Brands Hatch in 11th place, although this was an improvement on a mid-grid 16th place starting position for the two-hour race. Sharing the car with 2011 Nissan GT Academy winner Jann Mardenborough, Hoy started first and battled to 11th place before handing the car over to the GP3 Series and Le Mans racer for the race to the flag.

Mazda opens new plant in Salamanca, Mexico

Mazda Motor Corp. chairman Takashi Yamanouchi opened the company's new small-car assembly plant in Mexico today, calling it the company's "most important global strategic base." The factory, which will produce up to 230,000 vehicles each year, is a cornerstone of the structural reform plan "upon which the very future of company hinges," Yamanouchi said in remarks prepared for the opening ceremony. "Mazda's Structural Reform Plan, upon which the very future of the company hinges, positions this plant as our most important global strategic base," Yamanouchi said of the factory, which is about three hours northwest of Mexico City in Guanajuato State.